All Forum Posts by: David Garzon

Thank you! @Brian D. Beatty

Hello everyone, I passed my real estate pre-licensing class this week and am scheduled to take the Florida state exam next Thursday. I am confident that I will pass next Thursday, so I want to get started on finding a brokerage to hang my license. I am looking for any suggestions on which brokerage to join in Tampa, FL. If you are not familiar with Tampa, but have some ideas of what I should be looking for or other information, please let me know as well. Thank you for your time!

@Kathie Riedel I have been in the workforce for less than a year. I am only 19 years old and earn a living off 100% commission. Banks rarely finance somebody that “risky.”

@Michael Lee Thanks for the help!

@Simon W. Thank you for your suggestion!

Hello BP community, I need some advice on how to finance my first deal. I have a general location in my city that I want to invest in. The properties in this area are great investments since they are not in the best side of town, yet there is a high demand for renting (it’s right next to a university). Just so you guys get a better picture, the houses are selling for around 120k for a 3BD 2 BR and each room can rent out for around $700. I am eager to get my hands on one of these deals, but it is very hard for me to get a loan from a bank. So my question: is using a hard money lender a good way to finance a good rental property deal ? I am aware of their high interest rates and their short terms, but I was thinking I could refinance with a bank after 6 months? Would love to hear some ideas/advice. Thank you for your time.