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All Forum Posts by: Randon B.

Randon B. has started 19 posts and replied 154 times.

Post: Off market house in Riverbend 78723

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Off-market property in Riverbend great flip opportunity with money to be made!!! 

Notes:-.37 acre massive lot. -11 pier foundation work per bid.

LOOKING FOR CASH BUYER ONLY

ARV: $374,900.00

Purchase: $244,900.00

Rehab: $50,000.00

Gross profit: $80,000.00

-needs remodel/updating

-great floor-plan and easy to open up by removing a small pony wall.

Selling Details:

-60 day lease back in place for $18/day with $1000 deposit-returned when they move out

-$100/day holdover, which the Seller is ready to move and will likely only need 30 days. They are taking the money and buying a new house cash.

-Looking to close on or before October 21st.

Please call/txt for more info. 512-270-9123 Email: [email protected] LERA#650655

Post: Working for Networth Reality?

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

As an agent for Networth, I can tell you it is not all smoke and mirrors but a direct reflection to the efforts that you put into the job at hand. I will tell you that I have learned far more with this company than any typical real estate gig or seminar will give you in a short amount of time. We seek properties out for investors and do our best to provide them with the best information possible. 

@Robert Boyer

Post: Newbie from Austin, Texas

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Welome to BP and the Austin market!

@David Wei

Post: How do you refinance a subject 2?

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Post: How do you refinance a subject 2?

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Same here. Looking for some updated insight on the process.

I have a house that I own sub 2. With a 6% loan (still cashflows) that I would like to refi into lower rate. 

My questions are about the seasoning period mentioned earlier @Bill Gulley How does a seasoning period affect a sub 2 purchase refi different from a regular purchase refi I have seen people refinancing their property a couple of times year. Also the note has not changed hands in several years.

So basically I would just need to approach the NEW lender, find out what they can offer and start the process? 

Post: New Real Estate Agent

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Welcome to the biz Tyler!

Post: Potential $158,000 profit in San Marcos, San Diego, CA!!

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Post: Luke with NetWorth Realty of Atlanta

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Hey Luke, welcome to biggerpockets and hello from Networth in Austin

Post: Newbie from Austin Texas

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Welcome to Biggerpockets!

Post: Best real estate school in Austin, Texas.

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

I used Allied online for my RE license but have used Champions for other classes and getting my RMLO license.