Buy & Hold Questions & Clarifications.

[Emilio Caamano]

Hi Team,

After some months, taking care of important topics at home, I want to go back to get a property for buy and hold.

Some mental notes that I want to run an acid test with the collective and amazing knowledge on this forum.

With the current market situation, where depending on the source we are going into a recession (others will say that we already are)

• Will be the case that most of the Turn Key providers, are selling a Street Price? (Don’t get me wrong, I respect the work they do, just trying to get around a way to get some equity of the deals)
  Anyhow, I’m not looking to open a Pandora box here, is more a quick ask about the current market conditions.
• For Buy & Hold. During my last research, if I want to Buy, Rehab, Refinance and Rent.
  If I buy using conventional loan and do cosmetic rehabs, I’ll be unable to get my cash back with a Refinance.
  In other works, I’ll need to buy cash or with Hard Money loan, in order to be able to do the Refinance.
  That’s still the case?
  Or there are products, where I can get Kind-of conventional loan rates, which will include the Rehab cost?
• Any particular region in Texas, where the inventory has increase to get good opportunities for Buy and Hold? (That’s not the case for Austin for now)

Thanks everyone.

Emilio