Home Buying in Orlando>Question Details

alybibi, Home Buyer in Orlando, FL

Purchasing a home in Orlando for rental income

Asked by alybibi, Orlando, FL Mon Jan 28, 2013

My husband and I are ready to take charge of our future and retirement income. We believe the best way to earn income is to buy investment property. we currently live in NY but we absolutely love Florida. we've been to Miami and Ft Lauderdale and would like to visit Orlando soon. we are thinking of starting our portfolio with purchasing a home in Orlando that we can use as rental income or for vacationers. We have no idea how to go about the process. Any assistant will be greatly appreciated

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Answers

12
Hi Alybibi,

Great News!! Oranldo was ranked as number 4 as one of the best places to relocate. I have included a link for you to review. I work side by side with a rental company that keeps me up to date on the best areas for rental income. Take a moment to review my profile to see if you would like to work with me. I work with investors regularly and would love an opportunity to assist you with your real estate needs. Let me know if you have any questions. I look forward to speaking with you soon.

http://finance.yahoo.com/news/top-10-moving-destinations-in-…




Sincerely,
Jennifer Barker
Exit Realty Central
jenniferbarkerrealestate@gmail.com
0 votes Thank Flag Link Sun Feb 3, 2013
We would be happy to discuss with you full-service property management services.

Please call the number in my profile.

Thanks,
Craig Rich
0 votes Thank Flag Link Thu Jan 31, 2013
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No offence to my realtor colleges, but they all know I think realtor commission is 100% completely FORFEITED HOME EQUITY!

As a Mortgage Broker, from my desk, I can orchestrate and direct, from start to close, an entire purchase process. ALL realtors know Mortgage Brokers can do their job, but few, if any can do a Mortgage Broker’s job!

I’m wrong? Think about it…then why have thousands of Mortgage Brokers become realtors over the last 7 years, but ZERO, NONE, NO realtors have become Mortgage Brokers? Because they can’t do the job of a Mortgage Broker in 2013…period!!

Unless a cash buyer, NOTHING CLOSES WITHOUT THE MORTGAGE MONEY!





Thank you,

Steve McRory
Pro Option Mortgage/ Florida
steve@pro-option.com
http://WWW.PRO-OPTION.COM
Ph: 888 662 4404
Fax: 877 440 0909
#204296

Prior Service U.S. Marine Corps
0 votes Thank Flag Link Mon Jan 28, 2013
So your process saves us from realtor comission ? If thats the case then im keeping your number.
Flag Thu Jun 2, 2016
Hi Alybibi,

I specialize in helping out of state and foreign national investors purchase prime income producing properties in the Metro Orlando/Central Florida area. If you are interested I can forward you my summary for 2013 which indicates the best areas in Orlando to buy, hold and appreciate for the long term.

I also work with a great team of property managers, contractors, inspectors, lenders and more that will help provide you with a turn key investment from start to finish. Contact me to learn more and get a full range of my services a long with customer testimonials.

Sincerely,

Jen


Jennifer De Vivo
The De Vivo Team
Advanta Realty LLC.
Website: http://www.devivorealty.com
Blog: http://www.facebook.com/devivorealty
Cell 407-921-1310

"Where Guessing Ends and Expertise Begins"
Web Reference: http://www.devivorealty.com
0 votes Thank Flag Link Mon Jan 28, 2013
Step one, go to Barnes and Noble and buy a book on real estate investing.
Step two, read it cover to cover and take notes and highlight it.
Step three, read all the guides you can find right here on Truila under the advice tab

That's how i started in 1999 and you will be glad you did it that way too.

Now, read my blog on vaction condos: http://www.trulia.com/blog/mark_lemenager/2011/08/vacation_c…

The vacation market can be a great business, but it is a business not a passive investment. If you are looking for a passive investment you will certainly do much better in the long term rental market.

Did you know that you can check out my references and the references of the other agents that answer right here on Trulia? Just click on our pictures to go to our profiles and read what our clients say about us. Pick the person you’d be most comfortable to work with. Of course I hope it’s me, but if not then best of luck to you.
0 votes Thank Flag Link Mon Jan 28, 2013
Hi New Home investor:

You have made a wise decision to purchase real estate to earn income on an ongoing basis. Orlando is a great place to do this and deciding whether you want a long term tenant or short term rental to vacationers determines your pathway. I would be happy to assist you in your decision making process and finding the right property to accomplish your goals. Finding a Realtor partner will make the process go much smoother. My contact info is below.

Carri Schoeller ABR, e-PRO
Charles Rutenberg Realty
407-492-8559
cps@orlandorelocation.com
0 votes Thank Flag Link Mon Jan 28, 2013
As a native New Yorker, I have been down the same road as you. I have several excellent properties which would suit your needs perfectly. Contact me and I will send you the info based on your criteria and budget.

Best wishes,
Kate Paris, Realtor
Charles Rutenberg Realty
1900 Summit Tower Blvd.
Suite 220
Orlando, Fl 32810
RealtorKateFl@gmail.co.
407-230-7807
0 votes Thank Flag Link Mon Jan 28, 2013
I would be happy to discuss your rental property potential. I work with several investors from all over the world. Feel free to contact me anytime.

Lisa Hill, CRS, GRI, SRES
Broker, Realtor
407-924-9393
0 votes Thank Flag Link Mon Jan 28, 2013
My focus is Disney area vacation homes / short term rental properties. Feel free to contact me if you'd like to explore your idea further.

http://ChampionsGateFlorida.com/
http://www.bferryhomes.com/ContactMe
http://www.bferryhomes.com/SearchProperties/MLS
http://www.bferryhomes.com/VacationRentalSearch
http://www.bferryhomes.com/DiscountAttractionTickets
Web Reference: http://www.BFerryHomes.com
0 votes Thank Flag Link Mon Jan 28, 2013
Thank you for your question. The best way to to proceed is to call one of us on Trulia. Educating yourself is the first step. You can visit my website to learn more about me and also view properties in the Orlando metro area

Look forward to talking to you.

Best,

Maggie DeGennaro
La Rosa Realty, LLC
407-929-1384
Web: http://callmaggietoday.com
email: maggiedegennaro1@gmail.com
0 votes Thank Flag Link Mon Jan 28, 2013
Thanks for turning to Trulia for your real estate questions.

The first step is to select an agent that can work with and for you.
I have been very successful in finding just the right properties for my clients.
I deal in vacation and long term type investments.

You can find out about me and my work by checking out my recommendations on my profile page.

I'd love to work with and for you, but if you chose someone else that is fine too.

Good Luck,

Carol Bauza
Charles Rutenberg Realty
carol@carolshome.com
0 votes Thank Flag Link Mon Jan 28, 2013
-==

See #10 below

Below are some of the best programs from A to Z available, including the all new Stated Income Alt Loans for Self Employed borrowers

After reviewing these programs below, please email me at Steve@pro-option.com with the ones you'd like more info about:

1) 100% LTV- VA - pay off debt at closing on a purchases too!

2) 100% LTV- USDA - 12 mo. into Chapter 13 BK…OK Too!

3) 99% LTV- FHA

4) 97% LTV- NEW- No PMI -No FHA 1.75% MIP Fee!

5) 95% LTV- NEW-No PMI!

6) 95% LTV- NEW-CONDO Loan

7) 90% LTV- NEW-No PMI -2nd Home

8) 90% LTV- New-Jumbo w/cc

9) 85% LTV- NEW- No PMI to Super Jumbo

10) 80% LTV- Rental Property

Stated Income Alt Loan programs

11) 80% LTV- to Super Jumbo

12) 80% LTV- FIX n’ FLIP Invest. Prop. – No min. credit!

13) 75% LTV-to Mega Jumbo

14) 75% LTV- Foreign Nationals-to Super Jumbo

15) 75% CLTV-after Short Sale, BK, Foreclosure to Super Jumbo

16) 70% LTV- Hard Money to Jumbo

17) Lot Loans / Land Loans Too!
0 votes Thank Flag Link Mon Jan 28, 2013
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