All Forum Posts by: Cody Winters

Just curious...are you buying rentals through a turn-key provider here in Amarillo? Also, I have a great foundation guy who can give you an estimate and let you know how serious it is. Shoot me a pm for his info.

I fix and flip homes in Texas and receive a ton of calls about mortgage financing when we're retailing a house. In the past i've just referred them to some mortage brokers I like but I'm starting to wonder if i'm passing up a good opportunity here. Rather than referring them out I'm curious if it would make sense to get my MLO license to broker some of these loans?

Have any flippers here on BP also become an MLO/Mortgage Broker to generate another revenue stream since the lead funnel is already there?

I fix and flip homes in Texas and receive a ton of calls about mortgage financing when we're retailing a house. In the past i've just referred them to some mortage brokers I like but I'm starting to wonder if i'm passing up a good opportunity here. Rather than referring them out I'm curious if it would make sense to get my MLO license to broker some of these loans? 

Have any flippers here on BP also become an MLO/Mortgage Broker to generate another revenue stream since the lead funnel is already there?

Looking at diversifying into the Lubbock market. Anyone out there offer some insights and details of the neighborhoods down in Red Raider-land? Best...worst...best rental area...war zones, etc.

Wendell De Guzman I'm in a very similar situation trying to purchase a 20+ portfolio of SFRs. Looking at a million different ways of trying to close the deal. Anxious to see what you figure out!

Trying to figure out the best way to finance the purchase of a portfolio of 22 single family homes. The seller wants to sell all at one time. I don't really want to go the blanket mortgage route since I'd like to sell some of them but also keep a few for myself. Any ideas or strategies would be much appreciated.

The nice thing about Amarillo is you can buy a decent house with an ARV of $50,000 - $60,000 for for a significant discount, do a minor cosmetic rehab and still make $10K plus. Not going to get rich doing it but its a nice way to get your feet wet without taking on too much risk.

Welcome to the site @Daniel Lee. I need to drop by your store and get some floor pricing and recommendations. 

@Curt Riffel I moved here from Fort Worth and have found the rental market here significantly better for investors than DFW. In my opinion DFW is in overdrive right now and most of the numbers don't make sense. In Amarillo however, you can find good rentals that meet the 1.5% - 2.0% rule. 

More curious about what their business model is exactly? Have you bought and/or sold through them?

Has anyone ever worked with Property Force out of South Florida? Just curious how the experience went.