All Forum Posts by: Account Closed

Welcome to BP @Lenny Shwartz ! Have you considered getting a Hard money loan? By using the properties you currently own free can clear you can easily make building that retirement portfolio a reality.

We have a lot of Foreign Nationals call us and ask about the financing options they have. 

If you are a foreign national who invests in real estate, which is your preferred financing option if you don't have the cash yourself already? Why is this your favorite option? 

Hello @Steve P. and welcome to bigger pockets! I'm relatively new to Bigger Pockets myself but I think you'll find it an exceptional tool for you and you move forward. I go to all the REIA meetings all over the state so you and I will probably see each other from time to time. What type of financing options do you use in your deals?

Hello @Vuk Dulanovic,

The key to succeeding is to have a presence in the area. Having a well equipped team of local real estate professionals on site to manage tasks that need to be completed is crucial. They allow you to delegate the tasks and provides a better end result.

Hi @Bryan Bacallao, 

Are you financing? If you are it would depend on what your lender requires. Many of them would probably require windstorm coverage at the very least, and flood if you're in a flood zone. There are some lenders like us that don't require any since we find them to be too onerous and costly. 

At the end of the day, it just depends on your lender.

Good Luck!

Hello Everyone!

Just wanted to see how fellow investors feel about HOA for an income property. Is it a deal Killer?

Hey guys! I'm a newbie. What areas in South Florida have given you the best return/ CAP Rate?