All Forum Posts by: Florencia Cafure

Thanks everybody

I am considering for an investment property, and for such reason i am open on different type of properties. Ideally it would be a multifamily but depending on the downpayment i am not sure if i am able to reach there. Another option could be a single house.
I never used a loan for investment, i've always done cash so i am not sure how complex it is and wheere the best places to look for this

Which are the best banks / easiest ones to provide loans in Florida (not just Miami) ? Also, what kind of Loan have you used ? Thanks

 why do you see MF as less profit if you can handle the price of the whole building?

Thanks everybody for your input. So my experienced has been always on Condos, however if i move to single family and / or multifamily i don't see a huge change.
I would still need to:
_ analyse the area ( roads, trains, connections, schools, university... basically the surrenders that could impact on my unit
_Deal with an administration/ I would expect similar communication sharing if something is broken and all the contracts
_Insurance
_Annual taxes
_I wouldn't have to worry about HOA , or special repairs in the resort

with this in mind, i would find similar or maybe easier to handle a SF or MF rather than a condo. Specially cause in a condo it's harder to increase the price too much as there are several units that are more or less the same while in a SF or MF i can handle this more on my own.
Do you see it the same way? have your experienced something completely different that makes you think SF or MF are more complex or difficult to handle? Thanks

Thank you! sounds great

HI! I have experience managing condos but now i am wondering if single o multifamily should be the next step in order to increase my patrimony. I am considering areas like Fort Lauderdale, hollywood  or neighbourhoods close to miami or fort lauderdale airport. 

Can anyone help me understand what's the benefit of jumping into multifamily vs single or condos. Do i have the opportunity to manage more the rent price  or to attract betters  tenants. It's not clear to me  of those areas are attractive to multifamily. how do i learn this? just checking the area? Thanks

 Hi Juan, I am considering jumping into the same thing and i m going into the same questions. I do have my real agent, the one i trust but i always wonder if i should go alone. For the moment i only focus on condos but i have the feeling that multifamily is the next step to grow . which areas are you considering. Would be great to connect