If you’re in or around Dallas, or share similar interests, I’d love to hear from you!

I would love to meet and network to people in South Florida , and find a mentor or someone who has taken a similar investment route that I am doing from flipping to owning rental properties.Really just meet likeminded people. 

If you’re in the St Pete area working on similar projects, let’s connect—I’d love to hear your story.Looking forward to being part of the community!

Can anyone share a breakdown or budget for a similar project in a similar area?

Wondering about paying through an escrow agent or something similar 

In my limited experience with a similar service, they will send you leads and even make offers but you still need to do your due diligence and make sure it's a profitable deal for you.

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

Quote from @Dennis Bragg: Hey @Van Lam, I’ve actually seen a few folks in Gainesville work through a similar scenario.

@Arthur Savery, Many of our clients are taking a similar route. 

Have any of you used a similar tiered return strategy?