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All Forum Posts by: Nick Velez

Nick Velez has started 3 posts and replied 218 times.

Post: Looking for a realtor to help with purchasing an airbnb!

Nick Velez
Posted
  • Lender
  • Posts 225
  • Votes 207

@William Doyle

If you are looking in the Tampa area I would reach out to @Josh Green. He has helped several of my clients purchase STR's in the surrounding area's and is an investor himself. I don't think I know any other realtor who has more on site contacts than him!

Post: Gainesville Market - Top Local Professionals

Nick Velez
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  • Posts 225
  • Votes 207

@Will Butler

Hey Will, I am local to the Gainesville market and have several contacts you could reach out to. Feel free to message me and I will get them over to you!

Post: QOTW: How did you / are you financing your investment properties?

Nick Velez
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  • Lender
  • Posts 225
  • Votes 207

I am finding that DSCR rates are getting closer and closer to conventional rates!

Post: Tampa/ Hillsborough County STR restrictions

Nick Velez
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  • Posts 225
  • Votes 207

@Josh Green

Josh could likely point you in the right direction here!

Post: Looking for a Realtor in Tampa to find me an Air Bnb

Nick Velez
Posted
  • Lender
  • Posts 225
  • Votes 207

@James Robert

@Josh Green Has helped several of my clients find STR's in Tampa!

Post: New property analysis

Nick Velez
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  • Posts 225
  • Votes 207

@Dayanis Acosta

I have found that Airdna in my local market underestimates the earning potential. Being a LO that works mainly with investors, a lot of the properties that I see that have a STR history, are performing better than the rental estimate. A lot of these investors have several properties and have their systems down. I am sure Airdna is not always reliable but I trust it as a decent data point for number crunching.

Post: So close to obtaining a perfect property

Nick Velez
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  • Posts 225
  • Votes 207

@Louis Louisius

It is just a 15% down conventional investment loan.  Not all banks will offer it but it is a standard loan product that we often use. Feel free to message me any specific questions!

Post: So close to obtaining a perfect property

Nick Velez
Posted
  • Lender
  • Posts 225
  • Votes 207

@Louis Louisius

You can't have the intention of renting it out long term with a second home so it sounds like that won't work for you. You can also do 15% down on single unit investment properties so that would be your next best option! 

Post: Chattanooga Real Estate Agent Recommendations

Nick Velez
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  • Posts 225
  • Votes 207

I am going to second @Adrienne Green!

Post: Needed: Reasonable Insurance for LLC in Florida

Nick Velez
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  • Lender
  • Posts 225
  • Votes 207

@Jared Townsend

I have used Jarred's company in the past and was happy with them.