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All Forum Posts by: Vijay Kumar B.

Vijay Kumar B. has started 1 posts and replied 2 times.

Real Estate Deal Analysis & Advice

Post: Planning to buy a Lennar property in Hutto - Need advice - First time investor

Vijay Kumar B.Posted
  • Posts 2
  • Votes 0

Thank you @Conner Olsen for your reply. 

Yes, I am planning to negotiate with them to cover all of my closing costs. Researching on what additional incentives I can ask for. 

What do you mean by "Underwrite a slightly lower market rate just in case.". Sorry, I am new with the terminology. 


0 Votes
Austin, Texas
Real Estate Deal Analysis & Advice

Post: Planning to buy a Lennar property in Hutto - Need advice - First time investor

Vijay Kumar B.Posted
  • Posts 2
  • Votes 0

Hi All 

This is my first post in BP. Great community here. Glad I could find this. 

I have a primary in California and looking for my first investment property in Austin. There are some new home under construction in Hutto area by Lennar. There are some great deals on ready to move in homes. Lennar is also providing mortgage rate ~6.125. 

Looking for advice on whether it is a good time to buy a investment property in Hutto area? If yes, what incentives I can negotiate with Lennar. 

Property details : 1645 Sq.Ft | 3 Bed 2 Bath | 1 Story | 6250 Sq.Ft lot | 337K 


Thank you all in advance

0 Votes
Austin, Texas