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All Forum Posts by: Raymond J. Rodrigues

Raymond J. Rodrigues has started 14 posts and replied 1363 times.

Post: new to house investing, looking for good market to start STRs

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

Hi @Guang Yang! If you're looking to invest in Destin area, I recommend reaching out to @January Johnson. If the Tampa Bay area interests you at all, which is another strong STR market with a solid economy, I recommend reaching out to @Josh Green. They are both our local experts!

Post: Foreign National Financing

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

Offering foreign national financing with interest rates starting at 6.5% with 25% down. Minimum loan amount as per bank is $250k. Extremely competitive financing terms. Feel free to contact me via my signature.

Post: Looking for turnkey residential real estate companies in Florida

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

@Madeline P., in your neck of the woods. Feel free to reach out if you’d like to connect further and yes these are recent acquisitions. 

Post: Looking for turnkey residential real estate companies in Florida

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

@Craig Daniels I have friends cash flowing about $1000-1500 per month on long term rental areas around Tampa Bay Area. 400k price point if this is something that interests you. 2015 or newer built homes.

Post: First investment property as a foreign citizen

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

I am seeing interest rates start in the mid 6% range for foreign nationals here in Florida. Minimum loan amount is $250k.

Post: Lenders for foreign national investors

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

I am seeing interest rates start in the mid 6% range for foreign nationals here in Florida. Minimum loan amount is $250k. 

Post: Trying to refi out of a bridge loan on a SFR with tenant

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

@Daniel Hartz, I would just refinance this as a rate/term refinance and get out of the bridge loan asap. Feel free to reach out with any questions.

Post: Looking for turnkey residential real estate companies in Florida

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

Hi @Craig Daniels, thanks for posting on the forums. You'll find that it's hard to truly cash flow with a fully turnkey purchase here in Florida. What's your price point? I know of a few investors in the local central/south Florida area that are having success with investing in long term rentals depending on your strategy! 

Post: Looking for DSCR loan brokers in Orlando area

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

@Fernando Sosa feel free to reach out. 

Post: Pay Off STR or Invest in Another Property?

Raymond J. Rodrigues
Posted
  • Lender
  • Miami, FL
  • Posts 1,505
  • Votes 754

@Kiley Costa I'm sorry to hear that you're having a tough time with your first STR. If you're ever looking to invest in Florida, @Josh Green has a successful STR operations going on in the Tampa Bay Area that is providing his clients with solid returns year round. There’s actually quite a few investors from California making purchases over here.