Florida Residential Buy Box
---- BRRRR/Rental ---- - State: Florida - Primary Markets: Sarasota, Venice, North Port Property Type: - Type: Residential - Investment Strategy: Buy, Rehab, Rent, Refinance, Repeat (BRRRR) - Unit Count: 2-4 Units Property Characteristics: - Year Built: 1960+ - Condition: Cosmetic - Moderate Rehab - Occupancy: Vacant Preferred Financial Criteria: - Purchase Price Flexibility: Flexible - Desired Cap Rate: 8% or higher - 1% Rule Compliance: 1% Rule applicable Exit Strategy: - Primary Exit: Refinance & Pull Cash Out ----Fix & Flip---- Target Location: Tampa, St. Pete, Riverview Property Type: Residential, Single-Family Homes (SFH) Preferred Construction: Block Homes Target Price Range: Up to $400,000 Investment Strategy: Fix & Flip Preferred Property Condition: Cosmetic to Full Renovation Property Criteria: - Home Type: Block Homes - Bedrooms/Bathrooms: 2Br / 1Ba+ - Year Built: 1960+ - Max Purchase Price: $400,000 - Desired ARV: 72.5% of ARV - Preferred Renovation Scope: Cosmetic to Full Renovation Key Points: - Cash Buyer – Ready to close quickly on the right deals. - Specifics: Seeking single-family block homes, preferably 2 bedrooms or more, built after 1960, with a purchase price up to $400,000.