Updated 3 months ago on . Most recent reply
Moving to florida
Hey I'm new here and new to investing, I'm looking at buying a property in southwest Florida from Minnesota and it will be a single family home once I get married, then a couple years later I would like to buy another home strictly for investing and then the next and the next and ect, what would be some recommendations for loans I should get and how is the market, I was possible thinking of house hacking but it's harder finding these in the location I'm looking, anything helps, any Floridians here that could help me would be great. I am also looking for an investor friendly realtor in southwest Florida to work with as well, thanks!
Anthony Silva
Most Popular Reply
Anthony, congrats on taking the first steps—that's exciting! Since you'll be living in the property first, looking into owner-occupant loans like FHA (3.5% down) or conventional (as low as 5% down) is a great way to get started, and you can potentially house hack if you find the right setup. Once you transition into pure investment properties, most lenders will want 20–25% down, but you can also explore DSCR loans or portfolio lenders that are investor-friendly. Personally, I invest in the Midwest where prices are still undervalued compared to rental demand, and the financing principles are the same—secure strong lending relationships early so you can scale step by step.