All Forum Posts by: Ricardo Sanchez

Hey guys, I've been working for a home builder in OKC for the past 2 years. I would like to build my own spec homes in the future within the next year or so. What would you guys suggest I can do now to put my best foot forward once I start. I already have a great credit 700+, no debt, and experience on managing/scheduling/permits needed/inspections/quality walks of new construction homes. I plan on building my first spec while still working my full time job. After I build/sell a couple successfully I plan to do it fulltime. Any advice would be greatly appreciated! 

How has you journey been guys. I've been working for a home builder for a 1.5 yrs and would like to get into building my own spec homes to sell or keep as rentals if possible. Any tips or advice would be great. 

Hey guys, I’m looking to start wholesaling in OKC. Is there any wholesalers in Oklahoma who could send me an example of their contact/agreement. I’m willing to pay for it as well. 

Hey guys! I'm very new to investing in real estate. I want to do an FHA loan on a triplex I have been keeping my eye on. The triplex is 140k and cash flows $1645 a month with 3 units. I will be living in one of the units, therefore the cash flow will be $1220. My mortgage will be $950 including taxes/insurance. Setting aside CapEX and Repairs, $100 a month for each I will only cash flow $70 a month. I'm not quite sure if this is a good investment or not, due to the very low monthly cash flow.