All Forum Posts by: Aaron Beauchamp

@Rigo V. Hard money Loan might work for you.

@Dylan Crutcher I work with investors in Cypress so if you need anything let me know! 

@Mark Futalan From hearing real estate agents talk about this. You always stage the house if your selling to home buyers, but you never stage for investors. They generally sell faster and for a higher price staged at least this is the general consensus for agents I have spoken with. 

@Kirsten Braddock Shopping hard money lenders for better rates may help you get better terms on the loan side. Another thing that might help you in this deal is to take the seller through a walk through of the home with the contractor as he points out repairs and costs. This will allow them to understand that the home isn't worth the asking price. "As is" this deal's profit is small I usually like to do deals with at least $30,000 profit. Hope this helps! Good Luck!

@Daniel Rosado If I was in your position I would partner up with someone. Offer to do the leg work of a deal and add value to that individuals business. EVERYONE in real estate is looking to make a profit especially investors. Go to meet ups and talk to people after a couple months of networking you will find someone that you can help. This will get you started. Hope this helps!

@Don Van Nguyen Yeah, so as a lender to investors I'm  seeing clients becoming successful with their investment properties at $210,000 and up here in Houston. Not to say there can't be deals done at less of a purchase price, but typically the most comfortable clients are in the $200K+

@Don Van Nguyen Bigger markets like Dallas, Houston, San Antonio, and Austin are great markets that are thriving. However this markets are very competitive and it can be difficult to find deals at times. I have found that there are cities like Lubbock or Waco that are huge markets for real estate, but the competition is a lot smaller. Hope this helps! 

@Alex Ireta There is always hard money to consider doing the rehab with if you have the cash reserves.

@Nicholas Briggs Welcome to Bigger Pockets! 

A 203K is a great way to do a flip on a primary residents! Finding a mentor can be slightly more difficult than finding a loan type! The best way to find mentors in my opinion is to attend meet ups. While attending the meet up  search out the people who seem the most passionate and ask them for a sit down over coffee. Adding value to the mentors life is your goal! Go half on a deal, fund a portion if not the whole deal, bring an excellent deal to the table. These are all examples of getting the attention of a potential mentor! Hope this helps! 

@Trent Amstutz Welcome to Bigger Pockets!

The podcasts are great and the forums are extremely helpful!