Looking for a multi-family property in the Orlando area

Looking for a multi-family property in the Orlando area

Rental Property Investor · Orlando, FL · Member since 2017 · 26 posts · 10 votes
Hi all- I'm looking for an off-market multi-family property (at a good discount) in the Orlando area. I'm flexible on condition of the property; just no war zone areas. Would like to do a 1031 exchange to purchase. Anything out there that may meet the criteria?
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Investor · Orlando, FL · Member since 2016 · 355 posts · 380 votes
9y

Completely agree on the absence of cash flowing 2-4 units. Most of them aren't for sale, and those that are for sale are grossly overpriced. You'll have to look in neighboring counties: Polk, Osceola, Seminole, and Lake.

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  • Financial Advisor · Boynton Beach, FL · Member since 2015 · 834 posts · 798 votes
    9y

    Price range?

  • Rental Property Investor · Orlando, FL · Member since 2017 · 26 posts · 10 votes
    9y
    Hi Thomas - my max would be $325k (includes repairs)
  • Flipper/Rehabber · Orlando, FL · Member since 2016 · 311 posts · 150 votes
    9y

    Not going to happen in Orlando at that price and those requirements

  • Specialist · Orlando, FL · Member since 2017 · 127 posts · 38 votes
    9y
    2-4 unit?
  • Rental Property Investor · Orlando, FL · Member since 2017 · 26 posts · 10 votes
    9y
    Hi Alex, 2-4 unit works!
  • Specialist · Orlando, FL · Member since 2017 · 127 posts · 38 votes
    9y
    Orlando 2-4 unit market is very strong. Deals are hard to come by.
  • Investor · Orlando, FL · Member since 2016 · 355 posts · 380 votes
    9y

    Completely agree on the absence of cash flowing 2-4 units. Most of them aren't for sale, and those that are for sale are grossly overpriced. You'll have to look in neighboring counties: Polk, Osceola, Seminole, and Lake.

  • Real Estate Agent · Orlando, FL · Member since 2014 · 231 posts · 130 votes
    9y

    @Kelly Zingarelli PM me.  I know of 4 off market multis.  1 quadplex, 2 triplex's and 1 duplex.

  • Rental Property Investor · Orlando, FL · Member since 2017 · 26 posts · 10 votes
    9y
    I will do that as soon as I get home tonight. Not seeing how to massage you from the mobile app 😊
  • Specialist · Orlando, FL · Member since 2017 · 127 posts · 38 votes
    9y
    Jordan - can you send me you info
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