All Forum Posts by: Shawn McCormick

Hi @Cooper Reece message me and I can put you in touch with a couple of my lenders. I am a Realtor and investor in Orlando and have several options from direct lenders that use private money to brokers that can shop for you. 

@Ben Cruz may I suggest joining the local REIA, it is all on line thru Zoom due to Covid, but there is still great content and information you can utilize to help build your resources and your business.

Reach out if I can help. Look for Central Florida Realty Investors Association use just the CFRI and then dot net.

Hi @Muhammad Saad. I agree that Windsor Hills is a better value and community over all. You have lots of options depending on how you plan to use the property and what your goals are for cash flow/appreciation, how long you plan to hold it. I am a full time Realtor® and investor in the area and would be happy to explore some options with you. Feel free to reach out anytime.

Hi @Bianca Carmo I saw your post about new construction and Lennar. I am a full time Realtor® and investor in the area and have sold many Lennar homes alone with other builders (we have a very competitive new construction market and tons of choices if you are considering that as an option.) New construction can offer great appreciation if you buy early in a community they are building, home warranty, and generally they will pay most/all of your closing costs if you use their in preferred lender.

I would be happy to talk (or even meet you since you are here) to go over some options and answer some questions for you. Let me know, good luck!

Hi @Frank Vanegas. I live in Clermont and depending on where you are looking $200 will be pretty tough to find at all. Rents for long term have been steadily increasing for years here, but you're right, they do top out at some point. Cash flowing in the type of market we have is extremely difficult, especially with such a small down payment. 

I don't agree with your lender that you have to live in the property if you are using a conventional loan, but depends on what product they are giving you, maybe a work around for that.

I would not purchase based solely on what income you can derive from STR. That market is recovering, but with covid still taking a stranglehold on the Country and tourism, you need to have the numbers work as a long term rental also. We are experiencing fantastic appreciation here, but most investors want cash flow or both and this isn't the right market for that if you are new(er).

I am a full time Realtor® and investor in this area so I would be happy to help navigate this with you if you need some help. Reach out anytime.

Hi @Levon S.. Let me know if I can help out. I am a full time Realtor® and investor in Orlando, I've helped out a few other BP'rs to purchase homes here. I have contacts and colleagues in the areas that you mentioned and would be happy to assist if I can. Reach out anytime.

@Rongsu Qi you need to get in touch with George Philbeck with EXP in Orlando. He THE person in this market that has a fantastic grip on all thing real estate and is very well connected all the way to the top with EXP. Let him know I sent you!

@Katty Espinoza finding a property like what you mentioned is going to be tough for that price and little to no chance that you can find one that close to Disney with no HOA. HOA's are virtually everywhere. What is your objection to having an HOA? I have a seller in a STR community that will be selling in June for that price point, maybe 15 minutes out. Maybe I can help you in your search if you like. I am a full time Realtor® and would be happy to assist you.

Feel free to reach out anytime if I can help answer some questions.

Hi @Sambit Sharma I live in Clermont and am a full time Realtor® and investor. When you get here, let me know and we can talk about different areas and your plans.

Hi @Wayne Wollesen look up PCS title in Orlando. Joe Seagle is awesome at all things REI.