All Forum Posts by: Wai Fung

I also came across this group via Seewing Yee Network (Fremont, CA), was wondering if everyone here can provide an update for me? 

I have been told to stay away from cold weather locations because pipes freezing during the winter, which can get quite expensive. Been thinking about investing in Dallas/FW area instead, but don't see any BRRRR opportunities out there.

@Kevin Kraver 

@Yang Zhang

@Vera Herlihy

@Eduardo Arteaga

@Kevin Kraver

I am interested in any leads there might be on BRRRR partnerships. I would like to mainly focus in California, Oregon, Washington, Arizona, Nevada, Florida, Texas, and Missouri. Ideally, I would hope to build a team where the partner/agent would find deals. I would bring the capital to purchase the property. Partner/agent would complete all renovations with a team covering all gap funding to get the property renovated and a tenant in the property. Refinance the property and allow it to cash flow at least $300/month. While splitting any profits. Do deals like this exist? Thanks.

Do you have a list of what your criteria is set at?

I'm looking into investing in New SFH (preferably), unless there are programs like the below mentioned out there.

Are there any programs out there where you purchase a property cash ~$50k, then they fix it up, and finally it has a high enough ARV where you can finance your original investment (or more) out? Leaving the property rented?

Any recommendations on current markets people are investing in? Preferably new SFH's, or multi units. Please let me know what your experiences have been. Thank you.

Thank you gentlemen. 

Anybody ever worked with a gentlemen named Gerald Guterman?

Here are couple of properties he presented to me:

http://www.har.com/20610-alfonso/sale_27394662

http://www.har.com/1931-jara/sale_36330833

http://www.har.com/1839-jara/sale_54971563

Are these worth pursuing with 25% down and a guaranteed lease agreement for the first 2 years with a return of 7.5%? These homes are new construction located in a dry area of Houston, TX that was not affected by Hurricane Harvey. 

 Thank you Levi. 

 Thanks.