All Forum Posts by: Matthew Ranucci

Looking to purchase a 3-4 bedroom single family with a pool in the 34747 zip code of Kissimmee. The intent would be for this to be a Disney themed STR and I'm looking for input from anyone with experience in the area. Is it over saturated? Is the inflated 400-450k price point allowing these properties to generate a decent return? Any tips/tricks/advice would be greatly appreciated.

Hello,

I am beginning the process of finding/buying an investment property in the Tampa area. My intent is to use this home as my first Airbnb property and I have already  been preapproved for an investment loan with 20% down. That being said, I would really like to know if anyone can recommend a lender who would do an investment property loan on a single family home for 15% down? Does this exist? I will have around 90k from a pending property sale in Texas that I will be using for this. In a perfect world I'm imagining a 500k home with 75k down, leaving me a bit left over for closing costs and additional expenses. Looking forward to your input!

Hello!

I currently own a single family rental in Wichita Falls TX and would like to take a HELOC against it to purchase more investment property where I currently live in Tampa. I'm looking for recommendations on banks or credit unions in the Wichita Falls TX (about 2 hours north of Dallas) area that are willing to do a HELOC on an investment property. All inputs are welcome and thank you in advance for your help!

Hello!

Has anyone used a HECOC to purchase investment properties? Really I would like to hear thoughts on using a HELOC vs simply refinancing. I currently own a rental property that I owe about 95k on and it could appraise right now for 170-180k. I would like to leverage this property in the most efficient way possible to build my portfolio down here in the Tampa area. All inputs are welcome!

Hello!

Has anyone used a HECOC to purchase investment properties? Really I would like to hear thoughts on using a HELOC vs simply refinancing. I currently own a rental property that I owe about 95k on and it could appraise right now for 170-180k. I would like to leverage this property in the most efficient way possible to build my portfolio down here in the Tampa area. All inputs are welcome!