Hi all, thanks for reading! New to BP my name is Danny and wanted to get some suggestions on the best strategy as I look to purchase my next home.
Got my real estate license in ‘22 but never hung it as I don’t intend to be a full time agent. But intention was to hang it and use it when I buy my next home and potentially sell my current one. Any suggestions on an Orlando based broker that’s investor friendly is appreciated?!?
Like many I refinanced in ‘20 and locked in a 2.8% rate on my current property and I assume it can cash flow around 400-500/month if rented, or 125-140k net on a sale.
If I’m planning to purchase a bigger primary home, what would be your suggestions? Lower down payment and keep the current as a rental or sell the current property and larger down payment on the new one? Plan either way would be to self represent (with a little help) and apply commissions towards closing which is why I referenced being an agent as well.
