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I need help with acquiring rental property in: (Tampa Bay Area) Gibsonton, FL-Phase 1 build home (Highland Homes) Their asking price:$195K. My Sister lives there and will manage it for me. Plan: Utilize First time home buyer at 5% down payment on a 30-year fixed interest only, closing covered within the mortgage.
I am visiting during the entire Thanksgiving week. I'm spending the time with my sister and her family, my nieces. Quality family time is such a precious commodity. I would love to visit anyone in the area, take you out for lunch; maybe even start an impromptu Meetup!
I look forward to hearing from you guys. Thanks for reading.
Where I live: New York, NY
FICO score: 681
2 “W2” jobs for over 3years.
Current annual gross Income: 151K
Monthly Gross income: 12576.00
Total Monthly payments: 1601.00
DTI ratio: 12.73%
2017 gross income: 108K; tax return: $20K*
2018 gross income: 129K; tax return: $20K+*
*This is mentioned because I will it for the down payment and all other needed fees.
Please reach out to my partner Jeremy Kloter at 813-610-0015 or email him at [email protected]