All Forum Posts by: Stephen Craig

Hello I'm looking for a good property manager for a one bedroom condo in Highlands Ranch CO.

Hello.....does anybody know the current cap rate in the Fort Lauderdale area for 10-20 unit apartment buildings?

thanks @Vonn Peterson and@Jeff Wallenius for the good advice. Leverage Leverage leverage!

Hello all,

I'm just getting started in REI and I have a couple of questions about how to use my money the best way. I have about 200k to invest. I want to buy at least two "full rehab" SF houses in the South Florida area this year and start my BRRRR portfolio.

My question is should I pay all cash and then have to wait a year to refinance to do my next deal?

or

Should I split the 200k put a large down payment (since I'm a self-employed carpenter moving into a new area) on a house and try to get a loan. And then do that same thing six months down the road.

I guess my basic concern/question is how do I get my cash back out? And what if you vacation rental a house, do the lenders allow you to use that as income I order to refinance?

And if you know of a good fixer in the Fort Lauderdale area let know

-Thanks Stephen

I'm a carpenter/builder but I'm not moving to South Florida till next month. I have some friends in that area maybe they know someone who can help. What's the issue?

how do you get comparables on a Duplex when there are not to many in that area?

Does anybody know of some good real estate lawyers and CPA's in south Florida?

Hello, I'm a carpenter/builder moving to the south Florida area at the beginning of the year. I'm looking for distressed property deals. I also would like to meet like minded investors and perhaps a mentor.

hi my trying to get the equity out of a house that sister owns in Florida. We want to invest in  property in Hawaii where I live. She had to file for bankruptcy five years back. We tried with one big bank but they said that I have to live there in order to get the loan. I'm not moving. Any suggestions on how to get the equity out if I don't live there. Like a certain type of ownership?