All Forum Posts by: Raymond J. Rodrigues

Hi @Adam Zamorek, thanks for the introduction. Based on what you're looking for in the Tampa/St. Pete area, I recommend reaching out to @Josh Green. He is the go-to investor/ investor focused realtor in the Tampa Bay area that has assisted a ton of my clients with the same goals as you. You will find that the information that he shares with you will definitely position you properly so that you can accomplish your goals while maintaining a peace of mind. If you have any lending related questions, always feel free to lean on me for help! Happy to share the knowledge that we have acquired over the years. 

Hey @Josh Green, can you assist @Austin Fultz?

@David Yandel I have a pretty reputable insurance agent that I can share with you. Message me and I’ll share their contact info with you. 

Is it a short term rental? I have a great insurance broker here in the state of Florida for investors. Feel free to reach out directly. 

@Corazon B., if your realtor isn’t able to help you identify a good deal, work with @Adam Bartomeo so you don’t waste time. Although I haven’t worked with him personally, he helped one of my investor clients acquire a few multi family properties a couple years back. He knows his stuff in the S.W. Florida market.

If you're buying as a primary, ignore all these DSCR spamming lenders that seem to plague these forums like fleas. They should honestly not be promoting DSCR to you if it's serves you no purpose when purchasing as a primary with low down payment. You would have $6250 in total income. 45% would be your max housing expense ratio which is a monthly mortgage payment of $2812.50. Max debt to income ratio for conventional is 50% which would be $3125. For FHA it would be 57%\$3562.50 to include all debts reporting on credit.

I have financed many condo hotels. If you have any questions, please feel free to reach out.

@Jeffrey Richard, I know a few friends and people that are having great success with their STR's here in South Florida. Happy to share some info with you. Will send you a colleague request.

@Santiago Armando, she is allowed to represent you on the buyers side, as long as she has her license with a brokerage. If you need some recommendations, feel free to reach out. I am a local to the Miami area. 

@Miranda Yanez, 85% is a unicorn that simply does not exist. Max you'll find is 80% with any lender.