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All Forum Posts by: Eli Azulai

Eli Azulai has started 3 posts and replied 6 times.

Post: 55 plus properties pros and cons

Eli AzulaiPosted
  • Jerusalem, Jerusalem
  • Posts 6
  • Votes 2

ok thanks @Bob Razler I will analyse deal by deal then. 

Hi can anyone recommend a real estate agent, good for a new investor, for the communities such as Boca Raton, Bonyton Beach etc, in Palm Beach County.  

Post: 55 plus properties pros and cons

Eli AzulaiPosted
  • Jerusalem, Jerusalem
  • Posts 6
  • Votes 2

Thank you both for the reply, 
I will be getting around the rental issue since my mother in law will be living in the property for a few years, taking it in her name them passing over the rentals to us. 

So my question is will the rental rates be better, relative to the purchase price in a 55 plus community since we have the unique advantage of my mother in law , or better to look for a regular property? Or should we look for a non-gated community to avoid HOA fees, and will the achievable rent be higher because there are no HOA fees?

Many thanks for your suggestions, your help is much appreciated. 

@David Sicherman

@Bob Razler

Post: 55 plus properties pros and cons

Eli AzulaiPosted
  • Jerusalem, Jerusalem
  • Posts 6
  • Votes 2

Hi I am interested in purchasing a 55 plus property for rental investment in Palm Beach County. Can anyone shed some light on the general pros and cons? Are the purchase prices lower because of high HOA fees? How about the rental rates and occupancy? Thanks

Post: Large Down Payment but....

Eli AzulaiPosted
  • Jerusalem, Jerusalem
  • Posts 6
  • Votes 2

HI thank you both for writing back, I realize from my initial message that it wasn't so clear that I do not have a verifiable income and that me and my wife do not reside in the states. Would I still be able to get a Fannie/Freddie loan and if not what would my options be ? 

Thanks in advance 

Post: Large Down Payment but....

Eli AzulaiPosted
  • Jerusalem, Jerusalem
  • Posts 6
  • Votes 2

Hi, Im looking to invest in a buy and hold properties in Florida. I previously invested in the UK with a buy to let type mortgage, with this type of mortgage as long as you had a good enough capital to loan ratio then you didn't need a separate income, is there such a thing in the US. I am a British citizen but my wife is from the US and we dont have a US income to be able to go the usual route. 

thanks