Hello BP community, I'm currently in the process of searching for a full duplex within a 30-minute commute to Orlando Downtown, with a budget of $400K.

Sales price: $900,000Seller finance: $400,000 / 2 year ballon / 7% interest rate / interest only monthly payment: $2,333 / no pre-payment feeEstimated monthly income: $9,300 / Annual: $111,600Electric separated - water $450 per monthProperty taxes: $16,700 (with property value assessed)Property Insurance: $6,300Renovation Repairs $150,000I anticipate the Re-fi appraisal to come in at a conservative $1,150,000. 

Does anyone knows of the licensed realtor in the Lee County area who will be willing to add my listing in the Lee County MLS for a referral fee?

They are expensive (30% fee) but they cover 100% of all management responsibilities.

I figured if the numbers make sense (i will get to those in a minute) and i can afford the house worst comes to worst, meaning not defaulting on the loan, i am willing to invest in the property.

My budget for this year in cash is $100k that can be used towards downpayment, closing costs, fix small things, property management fees, lender fees etc and rest will be looking for conventional financing as of now.New constructions offer better interest rates, minimal maintenance costs for 2-3 years, and potential for self-management due to higher rents.

Looks like he disclosed his fees and skin in the game, but it was a lie...Did you see Kapoor's relationship with the Mayor?

I'd rent in Jacksonville for a minute and keep your current and run it as an STR vs. selling.

This stunning remodeled home, minutes from the beach, features a beautiful rooftop deck and bright living spaces seamlessly integrating indoor and outdoor living.

This stunning remodeled home, minutes from the beach, features a beautiful rooftop deck and bright living spaces seamlessly integrating indoor and outdoor living.