All Forum Posts by: Erin Gray

Off Market Home in Serenada

Asking Price is $175,000
Georgetown, TX

We are selling our 100% interest in an assignable contract for a home in Serenada Subdivision in Georgetown, TX 78628

Please let us know if you or someone you know might be interested. Call or text us at 512-395-5542.

Could be a flip or a good buy/hold
- 1350 sq ft
- 3 bedrooms
- 2 baths
- No HOA fees
- ARV approx. $235,000-245,000

Repairs - master bath repair (needs shower), water supply line to house needs to be repaired, full pool and deck repair, small interior cosmetic repairs (paint, carpet)

- As always, please conduct your own due diligence
- Buyer pays all closing costs

Please contact Erin at 512-395-5542. Pics available upon request. We have paid for an investor inspection already and are happy to discuss with you.

Hi,

Which is the best way for lending if I'm focused on SFR or multi family rentals? Do I develop a relationship with a local bank and get loans through them so that I won't have to worry about reaching a limit of loans, jumping through hoops, etc. and in doing so, I'll pay a higher interest rate (5% vs. 4.5%), shorter term (20 year vs. 30 year) and ARM (5 year)? Or do I use a conventional lender (4.5% for 30 years with 20% down) for my first 10 properties then try to find a local bank/lender to help me after I've reached the limit? Obviously, based on which way I choose, this will affect my cash flow.

Hi!

Would any of you on BP be willing to give me contact info for investor friendly CPA's and attorney's?  

Thanks for all the advice and help!  @Vern Darlington I'll continue to attend those meetings.  @Andrew Williams I'll check out that group too. 

Hi BP Family!

I've lived in Buda/Austin/Georgetown for the last 25 years and have seen it grow exponentially.  I'm excited to meet like minded people, help in any way that I can and gain as much knowledge and experience possible in the process.  I've enjoyed many of the podcasts that Josh and Brandon have made as well as some of the books that have been featured.  I'm evaluating the market in Bell County because I feel that Georgetown, while great for appreciation isn't so hot for cash flow.  Any advice or suggestions you might have would be greatly appreciated!