All Forum Posts by: Diego La Rotta

I am currently looking for my first rental property. From some research i have found this wholesaling company. It is located in Miami, Fl does anyone ever used them before or have any info on this company. only thing I have found was a 5 star review from google. Tried to set up a date to see one of the properties but due to our schedules we couldn't meet. Then was suppose to get a call back and still waiting. 

are you also trying to find deals in south florida area? I live in the miami area and its been hard to find deals for the past year.

Yes it does ! I would cash flow once i more out about 200-400$ a month

Even though I am buying the house with an FHA loan and I am house hacking it?

View report

*This link comes directly from our calculators, based on information input by the member who posted.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

I will be starting of with an FHA loan so I would be house hacking it. 

The estimation value right now is about $206,000. If she would to rent the apartment it would cash flow $91 a month if my calculations were correct. 

The mortgage is around $1400 but with All the expenses included she pays around $2000 a month. Fees include water electricity HOA parking etc. Back in 2005 before the market crash that was the price of the apartment.

This is a post about my mother on whether she should sell the apartment she bought back in 2005. She bought the apartment for $225,000 a mortgage for 40 years. As of now she has a 4.5 interest rate.  She now owes $201,000 on the apartment. We have looked at the estimate of the apartment value and it has an estimate of $206,000.  She currently pays around $200 a month for P&I + insurance, taxes etc. In the area we live in there is a lot of construction going on for big apartment buildings and it is a block away from Dadeland mall. My question is would it be better for her to sell the apartment and move on and try to get as much as she can from the apartment and try to save up to buy an investment home in the future. 

I am in the process of buying my first investment home and I would be buying it with an FHA loan. I would be required to house hack it for at least a week. I am currently looking at a couple duplexes/tri-plexes to buy. So we would probably move into my first home.

View report

*This link comes directly from our calculators, based on information input by the member who posted.