Hello BP, My name is Alex and I moved from France to Miami 3 years ago.
I am entrepreneur and a life coach. My business in based online and I am thinking about investing in real estate to diversify my revenues.
I am thinking about buying cash my personal house and then refinance it to buy others properties that I will rent.
I don't know if it's possible to refinance a house that I bought cash but I guess yes?
What do you think will be the first step to invest in Real Estate?
Also, do you know some events in Miami to attempt?
Ps : Sorry for my frenglish lol
Hey @Alex Cormont , Welcome! I can answer part of your question. You can absolutely refinance a house you bought with cash. I have clients that do this all time. The best way to do this though is to purchase multiple properties and bring those in "bulk" to a lender. It makes you much more attractive to the lender when you are bringing 2-4 properties versus just 1. Hope this helps and good luck to you!
Thank you Bryan, I really appreciate your help :-)
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