All Forum Posts by: Jonathan Ramos

Hello Amanda,

This really depends on the local market this property is in. For example, in Central Florida, it is extremely hard to find properties using the ARV-30%-Repairs=offer price. Based on that information only: 220-30%-9k=145k

Most of Central Florida I see investors buy at 220-20%-9k=167k. 

Keep in mind when doing a foundation repair depending on how bad it is there may be other things that need repairing. I would reach out to other investors in your local market but going to the investor meetup etc. To help to give you better advisement.  

I hope this helps out!

That is a great deal!

Hello Everyone,

I am planning on investing in Detriot because my Market where Iive is really expensive for me. What areas would you recommend buying in? Anyone know a lender in Detriot that does small loans?  Is it wise decision to invest in the Detriot area? It seems that rents in that area are almost 2%.   Does anyone know if a great realtor in that area? 

Thank you all for the responses.

Hello Everyone,

Does anyone have any recommendations of a good CPA in the Orlando Market? Looking to start an LLC. Please let me know.

***INVESTOR SPECIAL***CASH ONLY***BRING OFFERS***

This is a deal of a lifetime. This has a potential to be a cash cow for a lucky investor. This 8 unit apartment each unit is a 3/2. This property has been gutted and needs everything on the inside and some cleanup on the outside. After repaired each unit should rent between 1000-1150. That is annual gross income between 96,000-110,400. I can be your boots on the ground. The asking price is $120,000 MLS ID L4721872. I would be willing to assist with closing cost in return I looking for a mentor. Please let me know if this interest you.

@Alim Abrahim 

Do you know if two of the units would be able to be combined to make 1 unit?

Hello All,

I am looking for a house hack in the Central Florida market ideally the Longwood, Winter Springs area. I need to fit my family of 6 in a house so our side would have to have a 4/2 at least. I am up for duplex, triplex, quadplex or even a property that has an in-law suite (not connected to the main house) that can be converted to and apartment.  Please help!!! Looking to spend no more than $275k property has to be able to qualify for conventional financing. 

Thanks for your time

Jonathan 

Yes

Motivated Seller. Cash Only. Two tenants currently paying $1,200 Rent. Walking distance to shopping, buses, public transportation. Would make a great investment. Cash and Private Lending Only. The property is sold as-is. TLC. Most recent sale in the community in 2015 for $170k. Neighborhood build-out currently in final stages, new townhomes in this neighborhood will be $230,000 in July. 

**inquire for address**

ARV:
$190,000
Rent Rehab: interior paint, bedroom and stairwell carpeting. Seriously!