All Forum Posts by: Mahdi Mortazavi

Hey Guys

What is the fastest, safest way to buy foreclosure properties?

Consistently Providing Commitment, High-Quality Service, and Results!

Hey everyone,

Just reaching out to let you know I just found a new broker to work with,

If you happen to need any commercial,residential services for lease or sale down here in Miami,

Just let me know,

Bests,

Mahdi

As a new investor which deal is better to Start with?

1-invest on a multifamily deal where I could stay and use one Unit for myself and rent others (house hacking)?

2-invest on a cheap but sure foreclosure apartment and flip it to gain interest?

(Please consider the fact to get a mortgage with 3.5 - 5 % down payment I'll need job verification w2 which I had till March for 2 years but I changed my career in March and started as a self employed)

Miami, Florida

I'm not sure If different lenders in the market matching my situation?

Thanks

As a new investor which deal is better to Start with?

1-invest on a multifamily deal where I could stay and use one Unit for myself and rent others (house hacking)?

2-invest on a cheap but sure foreclosure apartment and flip it to gain interest?

(Please consider the fact to get a mortgage with 3.5 - 5 % down payment I'll need job verification w2 which I had till March for 2 years but I changed my career in March and started as a self employed)

I'm not sure If different lenders in the market matching my situation?

Thanks

@Parsa Izadpanah

I'm also new and I just found an online course where their price was fair enough,

Called 360 training.com

They are active in a few states.

Look up yous in their website.

As a new unexperienced investor which deal is better to Start with?

1-invest on a multifamily deal where I could stay and use one Unit for myself and rent others to produce cash flow?

2-invest on a cheap but sure foreclosure apartment and flip it to gain interest?

I would like to know about your lending options on a multifamily property up to 3 units in details please.

Hello Raymond,

Thanks for reaching out, 

I would like to get to know you when I'm back in Miami, I'll be back next Thursday 

What area in Miami do you work?

Here's my contact number, feel free to call me bro,I have a lot of questions! 

7863809528

Thank you so much Andrew for your thorough reply...yes as I mentioned I am about to get my down payment together to invest on my first property.

I don't know how to access to Florida forum...here are some more even questions still tickling my brain bro...jajaja

How should I know about the best time to purchase property in Florida? 

Is it good for An inexperienced  first buyer to invest on multifamily? Or it's better to invest on a townhouse or small apartment and then  flipping them to gain interest?

How to shop the best property with the best mortgage?...

I know Andrew it's too much of a favor to ask you all these questions and you have already helped a lot,but I didn't know how to get connected to the Florida forum.

Again thanks for your time.

@Andrew Postell

Hello Andrew,

I got a question bro,

As I'm a first buyer, I would like to benefit from this and buy a property with the least down payment, my questions are:

1) Can I buy a multifamily property 3-4 units and sell one of them get one for my residency and sell the other(s) to invest that money in other property purchases?

2)what is the best type of loan on a multifamily property for a best buyer like me?