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Updated 9 months ago,

User Stats

207
Posts
145
Votes
Susan Tan
  • Rental Property Investor
  • Houston, TX
145
Votes |
207
Posts

Private Money Lenders! Read this if you want to fund fix & flip projects in Houston

Susan Tan
  • Rental Property Investor
  • Houston, TX
Posted

Hi All, 

I do single family house flips in Houston, TX that have an ARV between $300k to $460k as a full-time career. I also happen to be a digital nomad in Latin America managing renovation projects remotely.

I'm looking for gap funders or private money lenders on my fix & flip projects in Houston, TX. I'm looking for loan amounts starting from $20k  to a maximum of $40k USD per flip project. The funding would cover the cash to close and hard money loan interest carry of these investments with the opportunity for a backend net percentage profit split or a straight cash on cash percentage return over the course of a 6 month termMy construction crew, which includes a general contractor or project manager, allows us to execute our renovations in a 10-12 week timeline. The average hold time for these investments is 3-6 months, which spans from acquisition to selling the renovated house.

I started my real estate journey in 2019. I used to live in San Francisco, CA and I purchased rentals out of state in Cincinnati, OH as a buy-and-hold investor. I currently operate one airbnb unit in Cincinnati, OH in addition to 6 other long term rental units in Ohio as a remote out of state investor and self-managing property manager. I moved from San Francisco to Houston, TX for the grand real estate investing opportunities. I've lived in Houston, TX from 2020 to February 2023. Then I became a digital nomad who lives in the Spanish speaking world of Latin America in February 2023, managing rentals and renovations remotely.

If you’re a Private Money Lender looking for consistent returns from a hands-on operator please reach out. I would be happy to discuss this opportunity in greater detail and provide more information about the acquisition, underwriting, renovation, and house selling process. I'm also happy to discuss the details of managing renovation projects remotely while living in different big cities.

I've been working on a current BRRRR project in Houston, Texas that is documented on my real estate Instagram.

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