Investment Info:Single-family residence buy & hold investment.

I will be doing deals either in Central Florida / Orlando Area, or Southeast Florida / Juno Beach, Fort Lauderdale areas, as I have family looking in both areas.

Hi everyone,I am new to the USA and looking to invest in property with a long term goal to eventually replace part of my W2 income and also pave the way for my children to get a easier start in life.At the moment I am renting with an intention to buy a single family home this year.In a addition I have other cash - not much - that is sitting in a interest bearing account growing very slowly.

I know in theory the process of BRRR, Buy & Flip, Buy & Hold, et... but I am very worried about screwing it up and really putting myself and my family in the hole ( I have a wife and a 1 year old son).

My plan is to D4D or pull list from county and begin marketing on a small scale but with a buyers mindset (whatever doesn't meet my criteria, ill whole sale) I am a little lost or should I say would like to get investor opinions on my plan and gain some insights from you all.I don't know much about financing or rehab I have never done it and it feels intimidating while supporting a family

Additionally Section 8 owns a ton of apartment complexes so there is aggressive competition when compared to the single family vouchers that are very commonly available to us small-time housing providers.Love to talk Toledo, again thank you for the interest!

We put $125/month into an escrow account for each single family rental we have.  

Rents for single family home, 3 bed 1.5 bath in this area run around 1,00-1,400/month.

I have already spent fifteen thousand dollars for a program that didn’t show me how to get financing for my deals and I am broke seriously broke like don’t know where I’m going to get money to feed my family broke and I am HUNGRY in more ways than one this means the world to me I have to make this work so please if anyone can help me find private money lenders that will take a chance on me let me know I know I will make us a lot of money because I have.

To summarize, if you are approached by a syndicator raising money for a multi-family building that meets this multiple offer fact pattern (as is usually the case) who is awarded the contact, they more than likely assumed the most ambitious rent growth, most understated cap ex costs or operating expenses or lastly the cost of equity (your return) is projected to be less than the LP’s the other bidders relied upon.