All Forum Posts by: Nikki Feliciano

Thank you that helps! Right now I am looking to do a few true flips before I hold anymore. I am new to the TX area and have other properties out west that I’m selling off right now to reinvest here. I sure appreciate the tip! 

Anyone have any feedback on the best areas in Houston area and surrounding for rehabbing right now?

Hello, my name is Nikki and I am an investor who buys and sells properties nationwide. I have rentals of my own and I wholesale all over the US. I am a part of a team who is moving true off market properties that are not being circulated like many of the deals you see that have been picked over. We run a very tight operation that is amazingly convenient for our investors where they receive only deals that meet their criteria with no middle men. Building a future for everyone!

sorry guys ok so purchase price of 347k and arv is 480-550k. Rehab is about 75k. What about finding an investor willing to partner with me, do you think the margins are three for that? Or what if I have two separate investors putting in the money on it? There is an investor interested in partnering on deals and he also does the contracting so worst case scenario maybe I could just assign the contract to him if he was interested. in advance for all your thoughts.

Hello,

I am an newer investor and I may have a rehab under contract as of tomorrow, but it is for a very large amount and all I have is the earnest money. The margins are not there for a wholesale but they are DEFINITELY there for the rehab, low ball estimate if held for 90 days profit is about 30k. So this is my problem, am I going to find an investor that will lend me (a newby) 444k to potentially make 20k. If not, what are the chances I can get a private lender to partner with me to maximize the profit to about 50-80k profit split 50/50 for 25-40k a piece? The money is there, why wouldn't they? Well, the only reason would be I'm a NEWBY, am I right or do I have a chance at this? All help is greatly appreciated!