All Forum Posts by: Yanelis Perez

Thanks for all replies. I do not own a primary home yet @Bill Walton. Is it possible to construct a multifamily (3 town houses for example) on a lot and still be considered a primary home loan? I love my profession but this is something I want to make time for. I see it very interesting and challenging. New construction is a lot of work but seems more appealing longterm. I see good investments on apartments but HOA's are forever loans right there.

Hi, My name is Yanelis Perez and I am 28 from Royal Palm Beach area. I am looking to get into real state investments very soon. Not sure where or how to start though. I am a dentist and I can only do real state part time. I spend lots of hours searching properties online, either single apartments to rent or lots to build. I have around 300k in students loans, which is why I want to start in real state as soon as possible to help pay these loans earlier than expected. I own two offices and have some liquid cash available. I have been very skeptical about going to lenders because I feel I don't qualify for loan investments. It is not my profession but I feel I would be good at it. Is it possible in my condition to buy a lot using cash, and Then going to lenders and asking them to finance the construction??? I wouldn't mind working for free on the weekends for an experienced investor in the area, as long as I learn about this new world. Thanks! Any response would be greatly appreciated.