All Forum Posts by: Valentina Manzati

@Valentina Manzati Because financing an investment purchase is going to require at least 15% down, you're going to need to focus on a property that you can call your primary residence, meaning a 1-4 unit home you live in while renting out some of it, or a 1-4 unit home you live in for a year and then convert it to a rental. FHA and conventional loans are available for such for non-permanent residents, but there are quite a few rules so I can't be sure you'd qualify without talking further. Happy to setup a call if you like.

@Valentina Manzati

To make a smart real estate investment, consider location, potential $20,000 down payment, and rental demand in Florida and North Carolina. Focus on neighborhoods with strong cash flow and smaller cities. Consider FHA loans, conventional loans, and alternative financing options. Maximize cash flow, attend meetups, avoid over-leveraging, and build reserves. Start with manageable investments.

Good luck!

With 20K are you looking to owner occupy? If you are not you need to save more money. 20K will not go very far on a property fi you are not going to live in it. I would look to house hack first. You might need to save a little more to give yourself a cushion. As far as which market is better I am not sure. I would connect with local people/agents and get a feel. It would most likely come down to price and what you can afford. 

Welcome, Valentina! Excited to have you in the community and hear about your journey into real estate. With your focus on cash flow, both Florida and North Carolina could be great options. Let us know how we can help as you explore your first steps!