All Forum Posts by: Lizeth Nevarez

I am a new investor in the Houston area and looking to network and meet other investors. My husband and I are looking to start doing fix and flips. We are using the equity from our current home to invest. If you are a wholesaler, General Contractor, title company, real estate agent with investing experience(that can help find deals and list our homes when finished) or an investor yourself willing to do some mentoring, we would love to build relationships and get to know you. :-) Thanks in advance, your feedback is much appreciated!

I am a new investor in the Houston area and looking to network and meet other investors. My husband and I are looking to start doing fix and flips. We are using the equity from our current home to invest. If you are a wholesaler, General Contractor, title company, real estate agent with investing experience(that can help find deals and list our homes when finished) or an investor yourself willing to do some mentoring, we would love to build relationships and get to know you. :-) Thanks in advance, your feedback is much appreciated!

@Frank A Castro same thing happened to me but in Houston TX. According to my realtor my offers were not accepted most of the time because someone else came in and offered CASH, which means the seller could close quicker. Also, my agent mentioned sellers sometimes become intimidated by VA loans because of the appraisal and inspection contingencies. Pretty much with a VA or FHA loan the buyer can walk away from the deal if the property doesn't appraise and sellers do not like that. Hope this helps.

Hello everyone. I am a new investor in the Houston TX area. My husband and I are new to investing. We both have full time jobs, good credit, an owner financed mortgage with alot of built equity that we are considering doing a cash out refi on. We also own 3 lots of land free and clear(5,000sq ft each). 

Not sure in which direction our investing should head.

1) cash refi our current home and invest the money in rental property.

2) cash refi our current home and build on our lots.

3) use hard money to build on our lots

any advice would be greatly appreciated!