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All Forum Posts by: Mercy Cleto

Mercy Cleto has started 2 posts and replied 6 times.

Post: How Many RE Investors are Engineers?

Mercy CletoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 6
  • Votes 3

I am a Civil Engineer from Florida. Just closed on my first Duplex on Friday. 

Post: NY to FL For a Fresh Start

Mercy CletoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 6
  • Votes 3

@Gabriel Amedee Thank you for your advice! 

I am going to contact you once I am settle in over there. I will be very happy to assist to those monthly meetings . 

Post: NY to FL For a Fresh Start

Mercy CletoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 6
  • Votes 3

Hello BP Community,

My husband and I had decided to move from NY to Miami/Fort Lauderdale Area in December 2018 for a fresh start. Currently, I have a good credit and we are working to increase his. Also, we managed to save approx. $10,000.00. Since we are relocating and both looking for jobs, we don’t know whether live in a cheap place until we save more money or start looking for a property to househack.

If househacking is our best option, we are planning to get an FHA loan. How can we provide proof of income when we are relocating and starting fresh?

If live in a cheap place is our best option, is anyone interested on helping us on finding a place to live?

Looking forward for your answers!

Mercy Cleto 

Post: Moving from NY to FL

Mercy CletoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 6
  • Votes 3
Originally posted by @Jon Huber:

@Mercy Cleto You are going to find yourself in a very competitive market down here. I encourage you to join us at our coffee meetup in Delray Beach on Aug 11th. Free to show. PM me for more details.

 Thank you for inviting me! 

I will more than happy to come once I am relocated. 

Post: Moving from NY to FL

Mercy CletoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 6
  • Votes 3
Originally posted by @Scott Wolf:

Best of luck on the move to Florida! I have lots of friends in the Delray-Boca area.  As an outsider, it seems anywhere from West Palm Beach down to Miami should have plenty of demand for rentals.

Thank You! 

I will start getting familiar with the area.  

Post: Moving from NY to FL

Mercy CletoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 6
  • Votes 3

Good Morning BP,

I am so excited to be part of this community! 

I am a civil engineer looking to move from Westchester, NY to Fort Lauderlade, FL. My husband and I are looking to use house hacking to start investing in real estate over there. I am unfamiliar with the real estate market in that area and I have a few questions:

What is the level of demand of Duplex or Triplex?

Is Fort Lauderlade a good area for House Hacking or should we consider another closed by area?

Any advice to start using this strategy? 

Thank You!