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All Forum Posts by: Chris Wilson

Chris Wilson has started 3 posts and replied 4 times.

Real Estate Deal Analysis & Advice

Post: Is this a good deal?

Chris WilsonPosted
  • Posts 4
  • Votes 0
I'm in the San Antonio area, but the house is in Pleasanton (30 minutes south of SA
0 Votes
San Antonio, Texas
Real Estate Deal Analysis & Advice

Post: Is this a good deal?

Chris WilsonPosted
  • Posts 4
  • Votes 0

I have an option to buy a home that is 205k and can rent for $1,600, but could possibly sell for 235k-245k. I want to make this a rental property. However, it does not meet the 1% rule, and the only way to make the numbers work is with a 20-30% down with a 30 year conventional loan. Is this a deal worth it?

Chris

0 Votes
San Antonio, Texas
Real Estate Agent

Post: Direct Mail software

Chris WilsonPosted
  • Posts 4
  • Votes 0

I am looking to boost my prospecting. I am new to this and was wanting advice for direct mail campaign software. Does anyone have advice on which software is best. I have seen a software that a local wholesale company uses, where they drive around and "click" in a property they would like to send a mailer to, but I can't seem to find a software that does that. (I have asked the company, but they wouldn't tell me the software, they said it was proprietary.)

0 Votes
Starting Out

Post: Should I refi or not

Chris WilsonPosted
  • Posts 4
  • Votes 0

I currently own a rental home, that I used to live in. The house is worth 180-200k, and is completely paid off. My wife and I are wanting to get more houses to rent, and we are trying to decide the best way to finance the rental homes. One possibility is to take a cash out loan on the rental house to afford the rehab costs. Are there any better ideas? I like not having the house pmt.

0 Votes