Relocating Investor (Korea to Texas)

[Eric Gabriel]

My wife and I have finally decided on Texas.  I have 2 requests.

1. For our personal residence, we have identified areas that have good middle and high schools, which include Frisco, McKinney, Prosper, Plano, Providence Village, and Wylie. We have only chosen those places because of the presumably good schools and house styles. We are also open to anywhere else throughout Texas in a decent metro with a good middle and high school. Since I'm an investor, I'm looking for a value-add 3-bedroom house to buy (in said good school district). We have cash for a 75% purchase + rehab price to ARV up to $200,000 is our target. All in $200,000 cash that will appraise at above $266,000. Of course the better the deal the faster my cash flies out of my hand.

2. I'm looking to purchase twenty (18x) 4-plexes in the next year. I can purchase with cash. I'd prefer value-add so I can continue my strategy from 2004. The purchase and rehab needs to be below 75% ARV for my refinancing to work out the way I want it to. Easy to rent B-C neighborhoods are ideal. If you know anyone looking to sell their plexes, I'm looking to relieve their burden.

Thank you in advance for any help or for directing me to someone that might be able to help meet my needs.