All Forum Posts by: Tram Ambers

Hello BP,

I am looking for a primary residence single family to purchase as soon as possible with a mortgage but seller financing will be considered. 

Criteria:

At least 3bed/1.5bath and 1000sq ft

Must be eligible for bank financing  

Move in ready

Areas considered are Apopka, Ocoee, Winter Garden, 32818, 32810, Altamonte Springs and Longwood

Thanks for your consideration!

@Linval T. Thanks for the link. I will definitely check it out!

Hello BP,

Does anyone have recommendations on a highly responsive, knowleadgeable and ethical loan officer in the Orlando area?

I am wanting to do an FHA loan for a duplex. One can have an exellent lender but the loan officer can sour the deal.

Thanks for your help everyone!

@Dan H.Thanks for replying. Small multifamilies are rare on the mls in my area but I do believe it is a good idea to look at all in my target area. A realtor suggested to make an offer based on a cap rate of at least 10--not sure if this works for duplexes.

@Stephen Marshall Thanks so much I will definetly check out those sites.

@Anthony Davis@Chris Seveney Thanks for your advice

Hello BP,

How do I come up with an offer on a duplex, triplex or quad  if there are no comps available? The ones that I have seen within 5miles were distressed properties. I will be financing with a mortgage and live in the property so the property will have to be move in ready.
Thanks in advance!

Welcome! There is a wealth of info on BP. Make sure to listen to the podcasts. There is also local meetup for West Orange/South Lake investors.

On the  icba.org site it allows you to do a search for community banks nationwide.

Hello Orlando! Welcome to BP. To find a mentor it may be a good idea to search for members in your local area to start out. Look at how often they post, the content they post and their profile.

There are a lot of great people on here.

To your success!