All Forum Posts by: Luis Maqueira

In Miami dade our doors 1/1 2/1 they fly... 

3/1 I would look for the potential to add a bathroom...

then you have a duplex 2 to 2/1  2200$ no problem

keep going study the rents talk to a friendly investor realtor.

good luck

Bruce 

Totally agree with you, but keep in mind the sytem is no there to help us. Is there for the banks to be able to charge you high interest?

Te get a loan on a phone or a 20-unit building they still check our credit.

Keep usage at 10% or less all the time.... not only at end of the period. 

Inquires less than 3 per year.....

Luis M

Start in your backyard, 

Income cashflow positive always work.

for houses find a good Realtor to work with, for Multifamily find a team that will work with you. 

Luis M 

Heloc are the best if you are an Investor. 

you control the payment and the Interest should be around Prime rate +1. 

Credit Unions and local bank usually have the best deals. 

Just be wize where you are going to invest that money, your equity is not free money has a cost.

good Luck

Luis M

Multifamily area,

Best ever Apartment Syndication Book.

Luis M

Samantha, 

I a great way to rase capital. You need to ask for new creditcard there are many cards will give you 15 to 18 months with waht they call zero Interest. 

They put a 3 % fee so your apr is 3 % but for 15 months that is free money. 

Message me will show you how I got November 37,000.00 at 3%. I upgrade one of the Multifamily we bought last year.

Luis M

Something about nurses..

My first group of investors was funded by two nurses in Doral. Like 20 years ago we went to a one-week seminar on how to invest, flipl etc 

We come back and got together to analyze and put together deals. I don't know how people can do it alone ... 

Keep going you are in a great environment to learn from.

I agree that most investors will be happy with anything above 12 - 15%.

 that is fantastic already know this answer. 40% return on any investment is very good.

Time to refi or if you have a good interest rate get a sencond mortgage, uset the dead build up equity and buy more...

Good luck,

Thanks Elliott

let's connect

first time buyer have a lot of options but you need to learn the game and have a plan.

And yes the government is not there to help.. is like banks they are there to give you debt no help...

You need to do reseach and learn your options.

And the fact you are here in this web site is a great starting point.