All Forum Posts by: Justin Peters

@Elijah Glenn Shoot me an email at [email protected] so I can gather more info. I can put you on a multi-family property soon. Let's talk more about your exit strategy and financing options available and go from there. Looking forward to hearing from you good man! 

We're looking to make relationships with investors in the Dallas/Fort Worth market place that are interested in only OFF MARKET 1-4 unit properties. 

We currently average 8 houses per month and focus on QUALITY over QUANTITY with everything we do.

All we ask for is a shot to earn your trust and your business. We'll handle the rest.

Check us out today by going to our website or giving us a call today at 817-382-3579.

We can't wait to see how we can serve you with your investment needs.

Justin Peters

Owner of JZ Home Buyers 

Awesome feedback guys, thank you!

I know that, as a homeowner, you will be paying much less in taxes due to tax records indicating your sq.ft is lower than it actually is. Once they do find out that your sq. ft is much larger than it really is, do you have to pay any fees etc. to cover the miscalculated sq. ft? @Jeff Rabinowitz 

@Kirk Thomas @Cale Ferguson

In the tax records, it says that the house is 2100 square foot when in fact it is 3300 sq. ft. (we have measured it 3 times now).

What are the steps to take as a homeowner or as a buyer when you find this out? I know it's quite common and just didn't know the solutions, consequences, etc. when something like this occurs. 

I am very unfamiliar with this situation and look forward to what the BP Community can tell me about this. 

BP Community! I hope each of you have had an amazing kick start to your 2016! 

Quick question for you, what do you plan to do differently this year to ensure you're becoming closer to your goals and the person you want to be? 

I look forward to hearing your responses. Hold yourself accountable and don't settle for anything short of greatness! It's in all of us! 

Justin Peters 

Hey BP Community! Hope all is well and that each of you have a prosperous New Year to jump start your 2016!

I've had a lot of new guys reach out to me and ask,  "When advice do you have  to new agents who are first getting in the business?" I've given them a lot of my own feedback but of course am always interested in what you guys have to offer as well! 

I look forward to hearing your input!

Justin Peters

Real Estate Professional

Dallas/Fort Worth

As long as your credit score lines up and your DTI is in shape, you should be good to go. FHA has a lot of limitations when it comes to specific rehabs while FNMA HomeStyle does not.

The down payment will be anywhere from 5-10% depending on the lender.  

If you can get approved for this loan,  I think you'd be very happy with the structure and how it can help compliment your investment goals. 

Hope that helps,

Justin Peters 

@Paul Hormann

Great idea and a great way to separate yourself as a landlord. This technique will automatically give you trust right out of the gate. 

Keep in mind, you can only write off up to $25 worth of gift cards per tenant. 

I don't think this would interfere with any type of RESPA SECTION 8A laws but you may want to double check to ensure you're in line with the law.

Keep crushing it! 

Justin Peters

@Sterling White

Amen! 10X action like my man Grant Cardone teaches. Love that mindset. 

@Glenn Mayo

FHA is a great loan don't get me wrong but another loan you might want to look into is the FNMA HomeStyle loan. In short, this loan allows you to wrap the principal/rehab into one mortgage and allows you to find the home that you like and turn it into the home that you love. FHA can only be used for owner occupant properties while the HomeStyle allows for second homes, investment homes, and owner occupant homes.

@Josselyne Lugo

With the ramifications put in place in today's real estate industry, you really want to tread lightly. 

Do you have access to a local real estate attorney near Edinberg that you can talk to? 

If not, I would look into a quick 30 minute "meet and greet" (most attorneys have these for potential customers) and have any questions you may have answered. 

It's just too risky of a situation to pull the trigger without some legal advice from a professional.

Best  of luck to you and I wish you all the best in your future endeavors. 

Justin Peters

Real Estate Professional

Dallas/Fort Worth