All Forum Posts by: Christie Speciale

We want to invest in a waterfront property in Crystal River/Homosassa, FL area as a STR but now with interest rates, it's not panning out and making it impossible to purchase something sustainable as I'm not confident the rent will cover the mortgage, taxes and insurance, let alone the utilities. Are there any good up and coming areas in the south that will guarantee a return on investment (that will at least cover the mortgage, insurance, taxes and utilities)?!

Same is happening with us in another area in Florida. I'm new to this so take what I say with a grain of salt.. but I did, however, read that if you know you will be approved for a loan, you can put in a cash offer on a home and secure funding outside of the deal. Worst that will happen is that your loan won't be approved and you'll lose your deposit.. So I'd be confident that you can secure the loan then possibly go that route?!

Hello! I'm new here and I'm going to watch the podcast now-Thank you! We currently own 4 properties in NY and are looking to buy in Florida. My question is in regards to down payments. How does one obtain multiple properties with little to no out of pocket money on rental investments? Is this impossible?! Our income is great, our debt to income is great, and our credit is great.. However, coming up with over 100k cash is not exactly easy. ANY input from ANYONE would be greatly appreciated!

 But you need cash to purchase these, correct?