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All Forum Posts by: Luis Miramontes

Luis Miramontes has started 4 posts and replied 34 times.

Post: Greetings from Albuquerque

Luis MiramontesPosted
  • Investor
  • Albuquerque, NM
  • Posts 35
  • Votes 4

Thank you @Jonathan Alesso. Since I don't have a lot of cash saved up, I was thinking about investing on my first property through a FHA owner occupied loan which requires a minimum of a 3.5% down payment. That and/or seller financing. I'm currently learning more about lease options and assignments, but it's something that I can't fully grasp onto yet.

Post: Greetings from Albuquerque

Luis MiramontesPosted
  • Investor
  • Albuquerque, NM
  • Posts 35
  • Votes 4

Thank you! @Jill DeWit I look forward to the many things I have yet to learn.

Post: Cash on Cash ROI...reality check

Luis MiramontesPosted
  • Investor
  • Albuquerque, NM
  • Posts 35
  • Votes 4

@Christy Harris hi there! I have a quick question. If an area has better schools, markets,etc. then the CAP rate would be higher and not lower, correct?

Post: Greetings from Albuquerque

Luis MiramontesPosted
  • Investor
  • Albuquerque, NM
  • Posts 35
  • Votes 4

hi there! Although I listen to the bigger pockets podcasts I am a new member to the community and I am trying to figure out how to navigate my way through it. I am looking to meet people in my area and start getting acquainted. Read more about me on my profile! Thank you!