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Updated about 1 year ago,

User Stats

65
Posts
21
Votes
Brian Schroeder
  • Realtor
  • Houston, TX
21
Votes |
65
Posts

Looking for Investors in Houston

Brian Schroeder
  • Realtor
  • Houston, TX
Posted

Hi Everyone,

My name's Brian Schroeder. I'm currently working in affordable housing development. 

I am looking to acquire 2-4 units in Houston, TX by the end of the year and I'm looking for an investor to enter into the deal with.

Thesis: Buying a property before rates decline will allow for appreciation as demand rises.

Location: I am looking for properties in Houston's South Medical District given the Helix project.

Financing Options: I have spoken to a lender who will provide a loan at 0% down and a 7.5% interest rate. The issue with this is that the high leverage and high rate does not allow for cashflow in most cases. 

My question: Does anybody know of any ways to make a deal work with minimum down payments? If not, does anybody want to join me in funding a down payment? Myself and my partner are able to put up a combined 30,000.

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