All Forum Posts by: Michelle Dong

Hi BP Family,

My name is Michelle and I bought my 1st rental property in 2021. I am looking into getting into residential commercial properties in Orlando, Tampa, or Fort Lauderdale area that contains 90+ doors and just wanted some advice:

What/Where is the best method to find these deals?

When I present my deal to investors, where can I find these investors?

As a new investor, is it possible to get 1% equity in the deal when presented to investorrs?

Thank you all so much in advance.

@Raymond J. Rodrigues

Hi Raymond,

I’m not too sure if I qualify for the 3% How would I figure out?

@Thomas Filak

I have realized that too. I saw houses that i am pre approved for that could buy well in other markets only get houses in not the most desirable areas here.

@Ken Naim

Thank you Ken! I will start looking for opportunities now. You are right. If I wait the right time will never come.

@Duriel Taylor

Thank you for the insight. I will be using an FHA loan so it I'll be financed.

I am looking for a 2/2 or a 3/2 for right now but the Florida market is so high I was wondering where I can find a good deal at

@John Thedford

Thank you John, I have never thought of things that way. Thank you

Hello,

My name is Michelle and I currently live in Palm Beach, Florida. I am looking to invest in my first property, but wanted to get the experts opinion if it’s a good time to invest in south Florida. ?

Thank you

Hello Everyone,

I would like your advice on this.

I am looking to buy a property using FHA, but there is a tenant in place till the end of 2020.

The question is: when the property changes ownership do I have to allow the tenant to stay? Is there a way to break the lease and have them leave?

@Zak Marinko That seems like it is the best way to go.   Everyone I have talked to has suggested that.   Thank you.  

@Philip Ganz thank you Philip!