I am just starting and buried myself in a few real estate books and feel I am ready to take the leap to financial success. I am thinking to look for a multi-dwelling unit in the Southeast Florida Area, Delray Beach to Miami areas. Maybe 10 units plus. Where would be a good place to start acquiring the pricing I need. Reputable Real Estate Brokers? How about financing. Should I sit with a Mortgage Broker to see what I can qualify for?
Whether or not I should start using my credit or should I start an LLC and purchase that way? What are the best options to start my real estate investing. I obviously will do my Due Diligence in looking for Properties and making sure the investment will reveal a profit.
My goal is to use the appreciated value of what I purchase to continue to purchase more multi-unit bldgs. I believe I finally have the access to capital. However this capital is abroad. Can I bring large sums of money from overseas to be able to start my venture? Is that a good idea? I realize this is an incredible forum to gain access to information. Looking for any ideas! Thank you for taking the time
@Andrew Powell-Sampellegrini You can use money from abroad, but it needs to be structured very carefully with a real estate attorney well versed in international / corporate finance and real estate. I have worked with a great lawyer in Miami that I know helps international . foreign real estate investors. These lawyers are worth their weight in gold. PM me and I will send you his information.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
You must be a BiggerPockets member to post on the forums
Join the world's largest, most open Real Estate Investing Community online, 100% free forever!