All Forum Posts by: Nick Rice

@Stephen Perez    welcome. Orlando does not have a great multi family market. If that is your investing strategy you might as well give up now.

But if you want get our wholesale RE deals when they pop up PM me your email addy.... also if you need any form of real estate help whether it be listing,buying,selling, or just a good realtor to help you out, let me know or drop by the blueprint office or website. we are investors helping other investors. 

@Scott Taylor, 25% down is standard for non owner occupied 2-4 unit.

If you're going to live in a unit: we can do 15% down for a duplex, or 20% down for 3-4 unit. 3.5% down FHA across the board, of course, but good luck getting an offer accepted.

My advice to new investors is to start wholesaling properties. First pick a neighborhood that you are either in or close to. Driver around all the streets and look for vacant houses. There should be some. Then look in the county assessors website to find the owners. it should give their name and mailing address. Send them a letter telling them you found their house to be apparently vacant. But if it is obviously abandoned, say so in the letter. Tell them you will pay them cash for a quick close. 

When you do that contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash. This typically is investors. Then again go to the assessors website and find their name and mailing address.

Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash. Then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Once you have done all that with that neighborhood, go to the next one and 'rinse and repeat.'

I hope this helps.

Steve Anderson

Hello Everyone!

Im so excited to have joined this site! I am here because of a search I did online for a real estate seminar. I poked around on the site and found it to be interesting and thought it would be very helpful. Currently I am working full time at a Veterans Hospital ( I am a vet myself) and I also have a home staging business. I am seeking to get away from working for someone else, in due time that is. I have a true entrepreneurial spirit and I am mainly here to learn more about how to get started in the whole sale of real estate here in Orlando, Florida. I LOVE real estate and I grew up watching my parents buy and flip. I now want to get more into investing and wholesaling in effort to do what I love as well as secure my future and gain financial freedom. Any suggestions or advice on how to get started would be GREAT. Also anyone that knows any place in the Central Florida area where I can meet and network with investors such as organizations and groups, please feel free to share! I am going to join CFRI (Central Florida Real Estate Investor) in the near future but any other recommended groups would be great. More than anything I look forward to what BP has in store and all that I can learn related to real estate and how to get started. Im hungrier than ever for success and thank you for reading.