All Forum Posts by: Seth Williams

Hey Bryant! Just accepted and would love to connect with them. Thank you!

I currently own a few properties here in Bryan-College Station, I have a full time sales job so try to stay as passive as possible. This is why I haven't done STR or anything. I'm currently only cash flowing about $100-$200/month/property and exploring maybe some other ways to get more cash flow. Does anybody have experience with sober living, or group home operators renting your home? If so, how was the experience, profit, and how did you find them?

Is owner financing in Texas really illegal now? Does the seller actually have to obtain a license?

Hey everybody!

Just recently put my first property under contract and because I am a 1099 employee I needed a cosigner for the loan. I ended up getting my aunt to cosign with me and just need a simple agreement between us but not sure how to make it or what exactly to do.

Here are the simple terms below:

- We are splitting equity 75me/25her until I refinance and own it 100%.

- I am putting up all the money, she is a passive investor.

- I guarantee a cash out refi in 5 years at the latest and I guarantee her a $10,000 minimum return at the end of the 5 years.

Any help is much appreciated!