Mid Florida Investment Properties, LLC

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Is Real Estate For You?

For many years now, plenty of people that are wealthy have gotten that way through investing inreal estate.Real estate investments are one of the things that can bring ongoing financial profits every month. When it increases in value, your investment becomes that much more important and profitable. You can get your money’s worth when the value of your real estate investment increases. However, people... [Read more...]

FHA UPDATE-Anti Flipping Extended

It is now official, FHA has extended the Waiver of Anti-Flipping Regulations through December 31, 2012.    This extension will continue to allow borrowers to use FHA-insured financing for the purchase of properties that have been owned by the seller for less than 90-days, meeting the same conditions as previously permitted by FHA. In cases in which the sales price of the property is 20 percent or... [Read more...]

Why Real Estate May Be the Only Real Mainstay Market

While you see businesses come to life, peak and fall, you may be thinking if a business of real estate is worth investing in. Would if the same thing happens to this business. You wouldn’t want to invest in something that won’t be substantial. Unlike other businesses, real estate is always a good investment to make, and may be the only real mainstay market. Even though the real estate market... [Read more...]

Pinecrest Home Downtown Orlando Is Complete

Here is a look at our Pinecrest flip that we just completed in downtown Orlando. This flip took over 60 days because of permitting the back garage conversion. The new apartment in the back is now on its own separate water, power and has its own address. This apartment has its own living, kitchen, bedroom and full bathroom. This space could also be used as a professional office as it is zoned. The... [Read more...]

Wholesale Property In Conway Area Finished (Video)

Here is one of our latest flips in the conway area located in Orlando Florida. We purchased this bank owned foreclosure for $70,600 and sold for $149,900. This flip was only on the market one day and closed on time. We updated everything inside, doubled the size of the master bath, cleaned up the pool and replaced the A/C system. Both conway homes we rehabbed in the last couple months sold really... [Read more...]

The Mead dr Flip Is All Done (Check Out The Video)

Here is the before and after video of our latest flip in Oviedo Florida. This home was an estate sale purchase that we bought from another local wholesaler. This flip took about 1 month to complete and $30,000 to complete. Check out the video to see the tranformation.

New Appraisal Standards

  NEW APPRAISAL STANDARDS Effective 9-1-2011 If you have been in the real estate industry over the last few years the one constants in our business is change.  Below are the current appraisal changes that are now in effect.    Will they make deals easier or harder to close?  Probably both, but either way you should be aware of these changes and how... [Read more...]

Canadian Bruce Tackles The Milford Estate Flip (Video)

The Milford Estate flip is all finished and on the market. Bruce from Canada did an amazing job on this house and created 800 sqft of living space. This is a very unique home sitting on 1 acre in a country like setting. Bruce changed the exterior look of the property by adding a front porch and 2 car garage. Check out the before and after video to see for yourself.

Miller Ave Flip All Complete (VIDEO)

Here is the complete rehab video from start to finish on our latest flip in Winter Park Florida. This home is now on the market at $114,500 and the repairs were just under 25k. Most of our properties are Bank owned, short sales or pre foreclosure. This home was purchased through an estate sale and the closing went smooth.Check back soon to see our property on Jan dr that will be complete this week... [Read more...]

Mt Vernon St Before And After (Video)

Check out our Mt Vernon flip video. This video shows the transformation from start to finish. This flip was purchased at $80,000, $45,000 in repairs and now under contract at $183,000. Only 2 days on the market!  

The Dawley Flip By Mid-Florida Investment Properties,LLC (VIDEO)

Here is the Dawley rehab we just completed. MFIP purchased this home for $67,500 and total rehab cost was just under $25,000. The home is currently on the market at $144,000 and we have received 5 showing requests in the first 2 days. We have 2 more properties almost complete and a major project just started on Pinecrest. Very busy summer for flipping.

The Mount Vernon St Flip In Historic Downtown Orlando

Take a look at this flip using the view with PicLens link in the left hand corner above the photo's. In the photo's I explain the changes made to the property.  Check out our latest flip downtown on Mount Vernon St. We purchased this 2/2 for $80,000 and turned it into a 3/2. The total rehab cost $45,000 and we now have it on the market at $189,900. This home is located in the historic... [Read more...]

Real Estate Investing In Orlando

Cautious and market-aware investors turn to real estate.  The growing interest in investment properties has been partly attributed to the recent economic ups and downs on Wall Street.  While Wall Street has seen rapid changes, the gradual change that is typical of real estate market trends has become the sensible and reliable alternative for risk-wise investors.  This is because the... [Read more...]

REMINDER OF FHA CHANGES

EFFECTIVE APRIL 18th, 2011  (This coming Monday)   FHA recently raised there monthly MIP which goes in effect on April 18th.  You would be surprised how many mortgage people do not know this.  That means if you are working with a borrower that is negotiating a house right now that is doing an FHA loan, the payment they were quoted will be lower that what they will actually get. ... [Read more...]

Orlando Real Estate Market Offers Many Incentives

 When was the last time you were in Orlando?  If you’ve been before, you already know what a wonderful place it is, with a little bit of something for everyone.  With a thriving Downtown, the academia surroundings of the University of Central Florida, the more cultural side of Winter Park and the luxury of Isleworth and Windermere areas, there is bound to be something to connect... [Read more...]

How To Be Quick At Estimating Repairs

Estimating rehab costs There are a couple of different ways to estimate repairs when looking at investment properties. If you have control of the property and inspection period any of the options below work. If you're buying from a wholesaler then option two and three are your best choice. Experience will play a big role in what method you chose and finding an experienced investor to mentor you... [Read more...]

FHA 90-Day Flipping Rule Update

As of February 1, 2010, the FHA will be waiving their 90-Day Rule for flipping houses. The waiver is planned for 1 year, This is good news for many investors. Actually it is great news for the entire market. One of the most robust parts of the markets has been investors buying these home cash and then regular home buyers purchasing these houses with FHA financing. I think this is a great move by FHA... [Read more...]

Investment Ideas: Salvaging Wholesale Deals

There are a number of ways wholesalers of real estate investment properties may find the deals that keep them going. Ideally, a good investment will be one where an investor can mark-up a property slightly and pass it on to another investor. One simple way to find these kinds of deals is by salvaging previous deals. When a wholesaler’s property is under a contract, the “inspection... [Read more...]

Orlando Florida: Hollywood of the South East

The Orlando area is mainly known for it’s theme parks, world-class resorts, and beautiful weather. Not many people know, however, that Orlando is also home to several working television and movie studios, a thriving music scene, and a passion for sports. Orlando Florida is a virtual Hollywood of the southeast, teeming with celebrities from every entertainment field. Movies and Television With... [Read more...]

Choosing the Right Neighborhood in Orlando

  There are many different reasons why someone initially moves to Florida and settles into a new community. Whatever the reason, there are many factors to take into consideration when deciding what neighborhood to move into. When relocating, it is important to keep in mind that you are not only buying a home, but also buying into a neighborhood. That is why it is important to consider... [Read more...]

Orlando Mortgage Rates Trends and Analysis

Signs are pointing up for the real estate market.  This is due, in large part, to declining mortgage rates across the country.  Earlier this month the Fed presented a game plan that would invest $600 billion in Treasury bonds, a portion of which goes towards keeping mortgage rates low.       If you are looking to buy real estate in the Central Florida area, this can mean significant... [Read more...]

A Good Time to Buy a Home in Orlando

Now is one of the best times ever to purchase a home in the Orlando area. From the rock bottom prices, to the great selection there may never be a better time to buy a home in Orlando.  A TRUE BUYERS MARKET The Orlando market has not seen prices as low as they are now in years. Due to the market collapse that took place a few years ago, prices have dropped to levels that reflect the homes’... [Read more...]

Why Buy Wholesale Real Estate?

Many often overlook wholesale real estate when thinking about investments, however, there is little doubt that it is a vibrant industry that makes up a large portion of real estate transactions. It allows investors to buy properties at pennies on the dollar and there is often a really great deal – and profit – to be found in doing so.   Many “pros” will advise that the... [Read more...]

Buying Real Estate in a Down Market

Today’s Real Estate Market The real estate market has been in decline for a few years now, but that can be good news for people looking to buy real estate in Central Florida.  In fact, when a market is in such decline, it is referred to as a “buyer’s market”. Prices across the country are now stable and lower than ever. Interest rates are also lower, which can mean... [Read more...]

Are Properties Still Selling?

Here is the latest update on some of our buyer's who purchased homes from Mid-Florida Investment Properties,LLC. Our company is busier than ever with rehabbing properties and just as busy with our wholesale side of the business. The Hargill and Bryston property below are MFIP flips. We just finished 1453 Harmon ave and one week out from finishing 400 W. Princeton ave. The Deerwood property... [Read more...]

Rehab Updates From MFIP

 Here is another update of some of the rehabs purchased from Mid Florida Investment Properties. We have several more in the rehab process and some just now hitting the market. The market has changed since the expiration of the tax credit. The frenzy is now over and buyers have more time to look properties over. The clean rehabs that are priced right are still moving. In order to achieve a clean... [Read more...]

Orlando Home Flipping Update For May

Here is our latest update on some of our recent buyer rehabs and MFIP rehabs. Nobody wanted the 3931 Bryston property so I am rehabbing it myself. I purchased 8146 Shriver in the same neighborhood as 3931 Bryston. The rehab took under 10 days and I already have it under contract after 1 week on the market. I should be out of this property under 60 days. 3931 Bryston is going to take under 10 days... [Read more...]

62 Acre Approved Subdivision

A 62-ACRE APPROVED SUBDIVISION IN NW LAKE COUNTY NEAR THE VILLAGES     ASKING PRICE: $3,195,000.00    OWNER IS HIGHLY MOTIVATED AND IS OPEN TO LOOK AT ANY AND ALL OFFERS     62 ACRES PLATTED FOR EIGHTY-SEVEN (87) 1/2 TO .88 ACRE LOTS – AN APPROVED  SUBDIVISION. APPROVALS, REPORTS, SURVEY, ENGINEERING ETC. COMPLETED.  PRICED BELOW LAND VALUE!!   -... [Read more...]

If you’re not flipping homes, what are you waiting for?

What have I learned since my last property update a couple of months ago? The same doom and gloom fills the airwaves on TV, radio and in the news paper. All the talking heads and writers are wrong again. I have learned over the last 10 years that people who are not investing in real estate should not be reporting on the real estate market. I have an alliance with 12 other wholesalers here in town and... [Read more...]

Real Estate Invsting in Central Florida

With its gorgeous year-round weather, world-famous theme park attractions, an eclectic array of restaurants and clothing boutiques, nearby beaches, and sizzling nightlife, Central Florida is one the nation's most prized residential gems. When you add award-winning grade schools and universities, booming high-tech industries, and no state income tax to the equation, investing in the Central Florida... [Read more...]

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