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All Forum Posts by: Tracey St.Julian

Tracey St.Julian has started 3 posts and replied 7 times.

I’m trying to get an idea of the better areas to be in from investors who are actually in the market. Your knowledge is invaluable. The property would not only serve as income but a home for us when we are in town. None the less, I still need for it to be profitable 

I'm looking to invest in a STR in the houston area. Would be open to the galveston area if it is profitable. I would like the opportunity to manage it myself

I’m looking to owner occupy an office space. The owner still has a mortgage on the space. The office is medical. I’m trying to find a way to limit my out of pocket funds and minimize how much initial capital I need to put in. I would prefer not to have to put down 20%. Is it possible to assume the loan and refinance in 3-5 years to payoff the seller.

@Andrew Postell

Thanks so much for the advice. It’s pre-fab. Everything has been pre-selected for the home. I’ll just have to hope the builder hasn’t overextended the presumed values. I am looking at comparable comps however

I’m interested in using the preferred lender of the builder for a new construction duplex. My concern is if the property does not appraise for sales price what options do have besides paying the difference. Is the best option just to ask a local realtor but that would only be their option. Is there any way to recoup my earnest money?