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All Forum Posts by: Valentina El Frih

Valentina El Frih has started 2 posts and replied 4 times.

Quote from @Kenneth Garrett:

@Valentina El Frih

I used a second home/vacation home for my STR. 10% down. I had to agree to use it 14 days a year, which was no problem to enjoy family time there once or twice a year. I could not have a lease on the property (more then 30 days), but STR no problem as long as stays are less then 30 days, which typically is the case.

And this was in Florida? Thanks!!!

We are looking for an STR in the Tampa area. We are from DC and when looking at cabins for a STR here in VA, our real estate agent told us since we already have 1 mortgage, the second house purchase would have to be a 10% down instead of 3%. Everyone I asked about this said this is not true. Please advise.

Post: Investing in STR around Tampa?

Valentina El FrihPosted
  • Posts 4
  • Votes 2

@Kristina Kuba

Thank you so much for the input. You definitely get a good bang for your buck out there in that area by Wesley Chapel and surrounding it. Will try to focus more on the west (citrus park and surrounding). We are looking for something very specific (1800sqf, 3 beds, 2 bath, pool) and must be visually pleasing haha.

Post: Investing in STR around Tampa?

Valentina El FrihPosted
  • Posts 4
  • Votes 2

Hi everyone 

My husband and I are just starting out and getting into the game. We are from DC and want to invest in Tampa. We are ready to start looking and putting in offers. 

Question: how would cities such as Lutz, Wesley Chapel, Temple Terrace etc do as far as occupancy rate and popularity compared to Tampa proper?