All Forum Posts by: John Michael Rico

Thanks! @Daria B.

Good day! Does anybody here can recommend a real estate agent from Jacksonville? I am interested on a property and needs some information about it. Thanks! (Jax / Jacksonville / Out of state investing)

Hi Guys! I am looking into investing in Jacksonville Florida. Do you know the best zip codes to invest for small multifamily? Looking forward for your response. 

3-4 units, 300k -450k, Value add property @Tom Keating

Which is better financing for my first property? Portfolio loan or 203k loan? (los angeles, brrr, multifamily)

Thanks for your response! Really appreciate it! :) @Account Closed

Hey guys! I just want to ask if this scenario is possible. Let's say I want to purchase an off market property. I will tell the owner that I am willing to take over all the expenses of the property (mortgage, insurance, tax) for a year. By that period I will rehab, rent and refinance the property. After that I will pay him/her the purchase price that we agreed upon. Is this also seller financing? (brrr, los angeles, multifamily, seller financing)

Thanks for your response @Christopher Phillips

HI EVERYONE! I JUST WANT TO ASK IF ANYONE HERE HAVE TRIED INTEREST ONLY LOAN WHEN PURCHASING THEIR PROPERTY? IS IT POSSIBLE TO HAVE THIS LOAN FOR MAYBE A YEAR THEN REFINANCE THE PROPERTY FOR A CONVENTIONAL LOAN? THANKS FOR YOUR RESPONSE. (BRRR; LOS ANGELES; MULTIFAMILY)

@Filipe Pereira Hi there man! Just a quick question, you said that the purchase price decreased from 206k to 180k. Isn't it a good news since your purchase price is lower? Or did I understand it wrong. :)