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All Forum Posts by: Flavio Espinal

Flavio Espinal has started 17 posts and replied 27 times.

Post: BRRRR - single o multi family

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

Good afternoon all,

Whats more profitable? Single homes or multi family?

Also for a newbie. Should started with single or multifamily?

Post: BRRRR - ceate a company?

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

Thank you @Todd Rasmussen. So basically i buy the property cash in my name then i found someone to rent it and after that i refi (conv loan hopefully with 20% equity) in my company name?

Post: BRRRR - ceate a company?

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

Hi There,

I new on the eal esate business and i thinking on taking the BRRRR path.
Is better to buy the properties in my name or should i create a LLC a buy the propeties in th business name?

In others ords is will be more beneficiary to stay with personal taxes or business taxes?


All feeback are more than welcome thank you for taking in your time in helping me with your advise.

Also is there any REI especialize in BRRRR in the Olando Area in the forum? i will love to hear any suggestion that you can provided.

Thank you

Post: Foreclosed Home - REO Multiple Liens

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

What happens if there are additional liens on the foreclosure property when it gets to the REO dept. in the bank?

Post: BRRRR and section 8 benefits?

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

If i do a BRRRR is there any benefits on going section 8?

Post: BRRRR Strategy Coupled with Section 8 Tenants

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

What are the benfits of putting your property on section 8?

Post: New In Real Estate and have a lot of doubts.

Flavio EspinalPosted
  • Rental Property Investor
  • Orlando, FL
  • Posts 28
  • Votes 2

Hi All!

I am new to BP and Real Estate in general. I have multiple questions some of this may be dumb questions but it doesn't hurt to ask.

1- I have a Line of Credit with my Bank. Would it be a good idea to start a flipping house with that line of credit?

2- SHould i do new constructions, using my line of credit to buy and prepared the land and find a private lender to finance the vertical construction?

3- What exactly is buying from a wholesale?

4- What's the diffrent between flipping and rehab?

5- If i do a BRRRR what is the expected gross income % that i should aim (after paying the mortgage)

6- Is a good idea to start in this business with a partner? sharing 50% of the company?

I have multiples more questions but don't want to get this Discussion to big but i will appreciate any feedacks you can give me.