All Forum Posts by: John Biehl

Thank you both for the great responses!

Does anybody have any good GC's in the DFW area?? I am looking at a property in south Dallas that needs some TLC and lookin to get a referral on a contractor that is reliable and can work fast. Any recommendations are greatly appreciated!

I'm about to close on a property that I plan to BRRRR. The numbers for the BRRRR work. My only question is - I have two different HML that will finance it. One only offers short term 12 month fix and flip loans with a rate in the 10's. The other offers a long term rental 30 year deal with a rate around 6.25. The short term will finance it up to 100% while the long term requires a 25% DP. The property needs work so I was planning to finance 100% of the deal and use what I would have payed for the DP to cover the rehab, only caveat to that is I don't want to refinance after fully paying the loan back. Pleeeeease share your thoughts!!

I am a young first time investor. I am based in Southern California and am looking for an investor in the area. Just looking to get some guidance as I attempt to navigate my first deal. Happy to pay for lunch and your time if that’s what it takes. Thanks all! :)

I am curious if there any investors out there who have used the "Homestyle Loan" through Fannie Mae. If so what was your experience and would you recommend it to a first time investor? Thanks in advance for the feedback! :)