My first property that I purchased on Big Island back in 2016 was purchased through HUBZU it was the hardest transaction of my life but so worth it in the end.

My partner and I plan to purchase 25 houses in the next 4 years. 

Not super dangerous, seller is netting 80% of purchase price at close.

My name is Anthony Palazzolo and I am currently a single family investor looking to purchase my first Multifamily apartment (16-40 units) in the next couple of months.

With purchase and rehab that estimated 35k + 50k = 85k.

I purchased it with a HELOC so higher interest debt until I can cash out refi.

In Florida, land trusts offer some unique benefits similar to an LLC, such as asset protection and anonymity, which makes them especially appealing in creative real estate deals.While LLCs are often more widely used because they’re familiar to investors and offer clear liability protection across multiple states, land trusts can be highly advantageous in Florida due to the specific protections our state law provides.

Here are the numbers:Property 1:Purchase Price - 130k Current Zillow Estimate - 166kLoan Remaining - 100KCurrent Interest Rate - 5%If Refi - 6.38%Obviously at higher interest rate my EMI is gonna increase , but at same time I am adding an additional asset which would cashflow as well.

When I've used hard money, I put down 20% of the purchase price. 

I am 20 years old looking to grow and learn the real estate investing space with a goal set to make my first deal.