Hi BP community,
I’m seeking an investor to partner on two properties currently owned by my uncle, located on the east side of Houston. Both homes are tenant-occupied, but the tenants are paying below-market rent.
Here’s the plan:
Property 1: Fix-and-flip opportunity.
Property 2: Renovate and convert into a Section 8 rental.
Key Details:
Asking Price: Property 1: 125,000 & Property 2: 115,000 - $210,000 (combined price)
ARV (After-Repair Value): Property 1: $193,000 & Property 2: $177,000
Estimated Remodel Costs: Property 1: $15,000 & Property 2: $18,000
Current Rent: Property 1: $500.00 & Property 2: $650.00
Location: East Houston (general area).
I’ve completed a few fix-and-flip projects and am experienced with the process, but I’m looking for an investor open to partnering on both properties with me.
If this opportunity aligns with your investment goals or if you’d like more details, please feel free to contact me. I’m happy to discuss specifics and the next steps privately.
Looking forward to connecting!