All Forum Posts by: Leonardo Roman

How much time has to pass by for an individual to be able to refinance a home that they own  if they just finished their Bankruptcy. Property has 100K in equity with a 600 credit score. I was told at least 3 years would have to pass by for any bank to consider doing a refinance... Any insight would be great. 

Quick question I have been trying to research and see if in FL (Miami-Dade) it is allowable to be able to use one of the First time home owner loans they have in place and be able too buy a Duplex/Triplex... 

As a first time home buyer I am going to utilize and take advantage of all the perks you get as a first timer but while doing some research I have noticed that you would have to stay with the house for a period of time before reselling and if you do you can lose some loan benefits I also saw that you will not be able to refinance if above load is how I purchased the property. Any insight with this matter would be greatly appreciated 

Mehdi Khachani, Thank You 

Hey Brant, I have recently started reading and doing as much research as I can with anything to do with Real Estate. BiggerPockets is by far the best tool to actually learn about real estate without all that eye as they say people like you which is why it is great. Thank You for that. 

I have never owned a property so I believe being a first time owner I will get many benefits I am also looking into that and doing as much research as I can. I have decided this year I will buy first property (in Miami, FL). I have decided trying to find a Multi Family home either a duplex or triplex will be the best way to go. Been reading a lot about the BRRRR strategy and that sounds very interesting any thoughts on that ? Might not even House Hack I would have the ability to rent it all out.

Wow! What can I say finding this website was nothing short of great reading good and non hype stories/ideas from individuals just like my self is a treat. Thank You all for the knowledge. 

        This year I have set out a goal to buy my first property in Miami, FL. Knowing all the advantages that a first time owner has I have been really thinking the best route to go will be to invest in a Multi family home/duplex/triplex etc.  Few questions I have are what should be the total amount of monies I should have while trying to close and buy the property. Is going after a property that is undervalued and need some rehab the way to go even though now the total amount of money needed will go up  or getting a property at market value that is ready for tenants to move in or possibly have rollover tenants already the better way to go. Now I know I will not get all the answers that I need here but any suggestions or thoughts any one might have will be greatly appreciated.