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Updated about 6 years ago on . Most recent reply

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Rental property investing in Florida

Michael Monello
Posted

Hello, I am new to investing in rental properties with little to no money currently, as I am coming out of college. I would like to move to Florida with a full time job and build 3.5% of a rental property using my fha loan. Is this a good choice? Which areas are the best to invest in and how do I make the numbers work. Should I do single family, duplex or

Triplex? And lastly, Is it a good idea to do this near a university? If so which location is best in Florida where houses aren’t outrageously expensive and I can have a positive cash flow? Thanks guys!

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