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Investment Properties in Miami : Real Estate Advice

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  • Local Info256
  • Home Buying1K
  • Home Selling89
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Activity 38
Sat Jul 1, 2017
Lucas Lechuga answered:
Hi Bianca,

If you haven't already come across it, you may want to check www.miamicondoinvestments.com. It's a fabulous resource and great website on which to find investment condos in Miami. ... more
0 votes 13 answers Share Flag
Wed Apr 26, 2017
Deannawalker50 answered:
Here is a quote of Alex Cohen, Lead Commercial Specialist at Core.

“Like many who have enjoyed vacationing in Miami, I was initially drawn to consider buying Miami Beach condominiums as investment about two and a half years ago. However, through assessing condo pricing and condo rents, I quickly discovered that likely returns would be 4% or less. Instead I chose to invest in a unique neighborhood just north of Miami’s hot “design district” called Buena Vista filled with modest single family homes built mostly in the 1930s and 1940s. In Buena Vista, I found and invested in homes that generate for me returns from year-round renters between 5.5 and 8 percent because they make 2-3 bedrooms homes on small lots accessible, particularly to millennial renters, at rents equivalent to what they would pay for a Miami Beach studio or small one bedroom apartment.”

I'm not sure about Miami, but if it's still actual for you go to the link below.
... more
0 votes 3 answers Share Flag
Wed Apr 12, 2017
Carlos Herrera answered:
Have you had any luck renting or buying? Which are you leaning towards at the moment if you have not purchased or leased yet?
I've got an excellent Realtor/Broker in Miami that specializes in those zip codes.
If you're still looking let me know and I'll send you his way.

Best of luck!
... more
0 votes 2 answers Share Flag
Fri Mar 17, 2017
Yanai Nassar answered:
Hello Hayim.
You can definitely finance 50% of the purchase price for 5 years. Most lenders won't finance it if the loan amount is less than $100,000 what means that you have to purchase a unit for $200,000 or more to be able to secure a loan.
If you need help finding a property in Miami, I can help you. I'm a Realtor with 14 years experience. Feel free to call 786-426-9484
... more
0 votes 3 answers Share Flag
Sat Feb 18, 2017
Marcohopcroft answered:
Please write me at marcohopcroft at g mail I have the perfect properties and connections to meet your objective. Tom
0 votes 2 answers Share Flag
Wed Jan 4, 2017
Patricia LoweKraemer answered:
Miami is a good start but I agree, there are many other areas where you can buy and get more steady returns, . I suggest you look at broward area too, is only 30 minutes from Miami, and is the second destination for many families looking to expand, they rent homes or condos with combine incomes, and are more steady tenants (in general) ... more
0 votes 4 answers Share Flag
Wed Jan 4, 2017
Patricia LoweKraemer answered:
Hi how are you, I grew up in Porto Alegre and work in Florida as an agent. I work with investors like you, and to answer your question I will need more details about the actual property.
Feel free to contact me anytime and I can send you a few options to invest as well.
Regards,
... more
0 votes 2 answers Share Flag
Sun Nov 20, 2016
James Williams answered:
In order to originate an FHA 203(K) loan, the lender must be approved by the FHA. Since not all FHA lenders specialize in underwriting the 203(K) renovation program, FHA provides a list of its lenders that have originated at least one 203k loan in the previous here.

You can find the latest list of approved FHA 203k lenders here:

http://203klenders.org
... more
0 votes 2 answers Share Flag
Sat Jun 18, 2016
Gescobar30 asked:
my sister in law since she got divorced, short sold her home and has no where to go. She has bad credit and I'm afraid that the hoa where I am purchasing might deny her for her credit…
0 votes 0 Answers Share Flag
Wed Jun 1, 2016
Lolalolonaxxx asked:
I own I house in Miami with not mortgage and would like to know how can I get a loan to do some repairs as it is in bad condition inside. My credit is arround 620 now and I did many credit…
0 votes 0 Answers Share Flag
Thu May 19, 2016
Lolalolonaxxx asked:
I own I house in Miami with not mortgage and would like to know how can I get a loan to do some repairs as it is in bad condition inside. My credit is arround 620 now and I did many credit…
0 votes 0 Answers Share Flag
Thu May 19, 2016
Lolalolonaxxx asked:
I own I house in Miami with not mortgage and would like to know how can I get a loan to do some repairs as it is in bad condition inside. My credit is arround 620 now and I did many credit…
0 votes 0 Answers Share Flag
Thu May 12, 2016
Lolalolonaxxx asked:
Sat Sep 5, 2015
Amelia Robinette answered:
You'd be better off looking for an investor partner than hard money. There are a lot of people that would be willing to invest in an experienced and profitable flipper.
0 votes 2 answers Share Flag
Thu Jul 2, 2015
Yanoska Diaz answered:
I don't fully understand your statement. Are you referring to ignoring comparable sales and "talking" you into making a higher offer than you should?
0 votes 2 answers Share Flag
Sat Mar 7, 2015
Mike Slatton answered:
Fred,

You should also consider Tampa Bay. My company is the largest buyer and seller of investment property in Central Florida. That means that we sell investment grade and turnkey real estate opportunities cheaper than anyone in the area... maybe even in Florida.

Check out our listings and call me if you see anything you like - http://btgh.com/tampa-florida-investment-properties/

Mike Slatton - 813 506 7943
... more
0 votes 16 answers Share Flag
Thu Feb 26, 2015
Dorina Lipovanciuc ReFloridaHomes answered:
It will be my pleasure to help you, I work with great lenders with years of experience.
Feel free to contact me directly at:( 954) 614-4274 cell or via email Dorina@ReFloridaHomes.com and I will be happy to assist you further.
I look forward to hear back from you. Have a great day!
... more
0 votes 4 answers Share Flag
Sun Nov 23, 2014
Yanoska Diaz answered:
Why Coconut Grove or Aventura? Other than being higher market sectors I see no relationship between the two...

I do not service the Aventura area but if interested in a foreclosure deal in Coconut Grove or surrounding areas please feel free to contact me via my profile. ... more
0 votes 3 answers Share Flag
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