All Forum Posts by: Martin Dal Farra

Thanks michelle, quite on the same page. Price increase may come so i´ll go over the numbers again if thats the case. Cash flow is the main goal!. Greetings. 

Hi Craig, no new updates, they post them every month end. Write to Wagner for a meeting. I had one w him a couple of weeks ago. very slow so far but he confirms they will move forward asap. greetings!

Hi! all , im sorry im late to join you. Also with a Bennah Phase 1 home under contract and eroded confidence. 
Trying to figure out best course of action with available options. 
@Wendy Stclair I´ll contact you via email with my whatsapp number. 
Greetings and stay focused and united. 
Martin

Hi! 
As you might already know Bennah project is experiencing huge delays. 
Any comments on this? Closing date is undefined. Credit crunch is on the way and Im trying to figure out possible outcomes for this project. Would like to know your comments and share our plans moving forward. 
Greetings. 
Martin

Hi Michelle, 
Yes I purchased a property at Bennah Oaks too so happy to meet you and share our experiences. I travelled to the site on December...(I live in Buenos Aires, Argentina)...  works were starting, pipes, trucks, machinery etc. The site is beautiful and resourceful ... I visited the surroundings by car with a friend... I believe they´ve chosen an excellent land for this project. 
I also went to meet Wagner and his team personally at their Orlando office. Very good impression, we spoke for almost an hour. I´ll be travelling again in a couple of months. 
I also visited homes from the developer in other markets (Sebring) and had a good impression too. 
So far so good, we´ll keep in touch!
Regards 
Martin

hi Carol , Im about to invest with them too. 
Ive been following their career but dont have a lot of background info. Still, I like what they offer and think they are making a good job and know the market. 
Let me know your insights!, 
Thanks 
Martin

Hi!, I spoke on the phone with Jean today. Im interested in properties in Ocala. 
I read some bad comments here, would like to have further info specially from the investors who got involved this year. 
Thanks!
 

@Bjorn Ahlblad thanks for your comment, sounds wise , I ll consider making that move and keep a good amount of cash reserves. 
Regards!

Hi !, Im italian and currently living in Argetina, 
I´ll be starting my Real Estate investing soon , willing to grow my rental properties portfolio in the US. 

As im a non-resident, lending options differ from those given to americans. 
ie: 40% downpayment and I was told  cash out refi is not possible (for the time being at least). 

Ive been offered a 30y , 4,2 to 5,3% rate (40% down for a property price starting at 160K )

My question is, in a non-cashout loan, how do I plan for future 2nd home downpayment suposing good equity is built? (and Im willing to use it for new real estate purchase).

Ive been reading about home-equity loans for getting a "second" loan.. is this a possibility i could use in the future?

I have 180K cash so my idea is to start with two properties on two different loans (160K each property with 60K down on each). 
But Im also thinking to start with 1 property 160K bought full cash and plan to raise enough cash for a 2nd property downpayment... what do you think? Im a begginer so every idea will be appreciated!

Thanks so much!