All Forum Posts by: Daniel J Dominguez

Indeed!

Be aware also that when it comes to creative financing, lenders tend you have a sour spot for them. If you do a sub 2 or wrap deal, the bank can accelerate the entire loan to be due if they find out.

Good day

If you need help getting funds to purchase these deals, lets connect!

Hey Dexter
Are you buying or wholesaling?

if youre buying, How are you financing these deals?

Welcome to the RollerCoaster we call Real Estate!
I know your just starting out and that is exciting. This is not a "get-rich-quick" scheme. It will take time to learn and understand how to have your money make money but i guarantee You will look back 10, 20, 30 years from now and be grateful that you got into Real Estate. 
I highly recommend that you get clear on these things:

1. How you find and look at deals?

2. How will you analyze deals?

3. What your exit strategy will be?

4. How will you fund it?

5. Who can help you?

If you have any questions, i would love to help. lets connect

Hey 
Any investors needing 100% Financing on Fix & Flip/Rehab, Buy & Hold Properties, commercial Land, cash-out refinance, New Build e.t.c in TX?

Hey im a lender in TX 

I'm offering 100% Financing on Fix & Flip/Rehab, Buy & Hold Properties, commercial Land, cash-out refinance, New Build e.t.c for all TX. 

lets connect

Hey Andy

Theres a lot of factors that play into determining value. 

1.  School district

2. Proxmity of transporation to attractions and necessities

3. amount of rent you can charge

4. crime level

5. gentrification

6.taxes

7. population

8. urban, suburban or rural  

Hey Marlene 

Welcome to the investor world!

I have a great mentor i can refer you to. Shes done hundreds of fix and flips and has plenty of resources. Shes local to Houston TX. i can refer you to her if you'd like

Hey 

Houston is more suited for homeownership and long term living than it is for vacationing. However there are a few things that allow for plenty of visitation. It is pretty saturated here but theres still opportunity. Also with the rule that some eastern cities passed, where clients must book for at least a month at a time, it definitely helps cities like Houston. Coming from a person who owns LTRs and STRs, there are few things you be aware of when attempting to do STRs in Houston. 

1. Houston is well known for its medical center and many nurses and medical professionals come here for work. Focusing on STRs near the medical center will allow you to stay booked more often from people in the medical industry and patients as well

2. Anywhere close to bars, restaurants or any attractions is an obvious one. So Midtown, Hieghts, Montrose, and if you can find one downtown just to name a few, you shouldnt have any problems getting bookings

3. Of course any where near water is great. Galveston, Kemah, Lake Houston, Lake Conroe could be good choices to look for STRs properties. 

In summary, if you find any properties in the above catagories at a good price then go for it but if not i would reframe from making it an STR and just go for the multi- unit LTR strategy.

Hey Gabriel 

Im an agent in the Houston area. I started out wholesaling in 2018 then had the opportunity to purchase a few properties that i still own today. I still wholesale and purcahse properties. Im always open to meeting new investors and helping. 

Lets connect