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All Forum Posts by: Alex Migotto

Alex Migotto has started 2 posts and replied 3 times.

Market Trends & Data

Post: Cash-Only Deals the new way???

Alex MigottoPosted
  • Posts 3
  • Votes 1

Hello investors!

The average mortgage rate for a 30-year fixed is 6.58%, more than double its 3.22% level at the start of 2022. Do you guys think that cash-only deals is the new way to invest?

1 Vote
Starting Out

Post: LIVE: Biggest obstacle to buying your first investment property?

Alex MigottoPosted
  • Posts 3
  • Votes 1

It is finding a suitable property that cashflows from day 1. With the interest rates being sky-high at the moment, getting a loan only makes the odds of finding a cash-flowing property even slimmer.

0 Votes
New Member Introductions

Post: New Member Intro & Looking to House Hack Soon

Alex MigottoPosted
  • Posts 3
  • Votes 1

Hello!

My name is Alex, and I am a college student with the goal of having time, location, and financial freedom. My first step in realizing this goal was by starting a social media marketing agency where I generate off-market leads for real estate investors via Facebook ads. As far as my own real estate experience, I am looking to house hack sometime this year and start my real estate portfolio from there.

0 Votes