All Forum Posts by: Lo Pesarini

Hi Hans! We are looking to pay $300k - $350K financing. The way I came up with this number is solely based on the affordability of the monthly payment we would be able to pay (of course if we go with traditional bank financing). We are interested in either buying as a single family ex: 2/1 with at least 1,000 sq ft. to live in and at the same time be able to add a room/bathroom so down the line we can rent for more. Another option that we are looking at is buying a single family home with room for a ADU. I agree with you that I need to consider the appreciation but the issue I keep coming across in SF are the high prices. To buy a single family home investment property with 20% down here in Miami, at this time will not work for us as we won't have the cash for the down payment. I'm just trying to consider all our options and learning of different ways I can go about investing in my first property.

Hi Randy, thank you for your insight! if you don't mind, could you share some places/websites you use to do some of those research? 

Thank you so much!

Hi everyone! I've been doing some research on what are the best neighborhoods to invest for a positive cash flow by the end of 2023/early 2024. I currently live in Miami and seems like this might be a tough market with the prices and interest rates at this time for me to start with my first investment property. I'm open to 2-3 hours away areas and having my options open. What areas in Florida at this time are good for a single family home at the range $300K - $350K that could have a positive cash flow? Would love to hear from others with more experience!