All Forum Posts by: Nathan Siva

Please give lifestyles rentals a call. Diwata is the manager. I am an agent but on the sales side. We manage about 1100 doors. We are located 15 minutes from NAS Jax

Welcome Michael. You ate in the right spot to start. This community is amazing. Will help you throughout your journey. I am a realtor and an investor. Reach out to me if there is anything I can help you with 

2 points does sound a lot. Get quote from 2 or more lenders so you can compare and choose. 

 I second David. I am a realtor in Jackosnville, Florida. Its been super hot here because of the affordability, weather, and job prospects. Since lot of them can work from home now. My clients are feeling why not be close to the beach.

Thank you so much for your inputs @Michael Minor & @Gregory Flores, Jr.

I am trying understand how the BRRR Strategy works. Can someone explain it to me with number please. As an example. I looked at a house that is worth 220k and its on the market for 215k. I am planning to put an offer for 190k with a 5k work. I am getting private money for 12% and then refinancing it after 6 months to 4.25%. but with these numbers I am getting a negative cash flow and when I refinance I won't be able to take my 10% down that I put down. Isn't it suppose to be buy, rehab, rent and repeat? Am I doing something wrong here. Can someone educate me please.

@Jeremy McVicar Welcome to Bp and Jacksonville is a great place to raise a family. I have been here 13 years. If you need any help in finding out information about any particular area please let me know. 

@Gary Montgomery it all depends what your plans are with the investment. If you looking for holding it as a rental then there are some areas you will get better return than the other but they  won't as great as a flip or capital gains. Do a good research before you invest. I am a realtor. If you want my opinion on certain property don't hesitate to pm me.

I am a real estate agent and investor here in Jacksonville, Florida. I agree with Robert's answer.

@Ray Dipasupil They are called Home encounter.