STR Cash Flow in Florida

[Andrew Bertuglia]

I've spent countless time looking to purchase a STR property in Florida and I can't seem to find anything that fits the numbers to get any sort of cash flow with 10-20% down! Is it just me, or are the prices too high to turn any sort of positive cash flow while projecting conservatively.

[Amber Stout]

Hi Andrew, you can definitely find some pockets that will cash flow with 10-20% down. On the lending side, I've funded several over the past couple of months and we had the PM underwrite with projections ahead of going under contract & they were solid cash flow. 

@AndrewSteffens is a great contact for you as he is PM and an agent. he would be helpful in providing insights on the pockets he's seeing the best cash flow & can also help identify the property for you.