All Forum Posts by: Hugo Seijas

For reference I live in Florida.

Here is the plan:

I want to refinance my primary residence and cash out to have 20% down to purchase a new primary residence and keep my original property as an investment/rental property. 

To do this without waiting the 12 month period, I was told by my broker that I would need to refinance the original property as an investment property under an investment loan. However, because the market is so hot, I'm not entirely sure how long it will take me to find a property.

Does anyone know if I can still keep my Homestead exemption on my original residence if my loan is an investment loan if I'm living in the property (aka never moved).

I understand that once I move or rent out the property that I would need to transfer the homestead exemption to the new property, just wondering what happens if I never end up being able to move.

I'll ask the local appraiser office tomorrow, but wondering what you guys have done or have experienced since sometimes these complex questions might confuse those at the appraiser office.

Thanks!

Quick question. Part of becoming an agent is you have to work under a broker for a while. What do you recommend to do? I don't necessarily want to become a real estate agent at the moment (have a full time job I love), but I do want to be able to write my own offers, etc...

Worst case I don't mind doing it part time because I wouldn't mind networking or learning from someone more experience, but would a broker even allow this?

Do you need to work for a broker to write your own offers? I

Hello,

I want to obtain my real estate license. However, I have a full time job and part of the requirement to be a broker eventually is that I have to hang my license somewhere for 2 years. 

I don't mind putting in the work, but naturally having a 9-6 to be able to feed my family, I don't foresee any brokerage letting me work on weekends or just nights.

Is this assumption incorrect? 

What tactics can I use? When you were in my position what did you do to make it happen?

Again, I don't mind the work, I have attention to detail and so on, just not entirely sure how to go about it.

Thanks!