Investment Info:Single-family residence fix & flip investment in Riverwoods.

Quote from @Deborah Wodell: Hey everyone,When it comes to fix-and-flip projects, the down payment and closing costs can add up quickly.

I just fill out the seller's disclosure and tell everything I found and fixed and don't hold anything back.

Are there people in Fort Worth that are actively involved in wholesaling and/or fixing fliping?

Hard money into 30 yr fixed re-fi.

Investment Info:Single-family residence fix & flip investment.

If so, you can't really pivot to short-term rentals there and have to capitalize on the inn vibe and in-house services.My major question is why is the current owner, who bought it after it sat vacant for twenty years, looking to sell you the problem they can't fix?

Are you aiming to lower your monthly payment, shorten the loan term, or switch from an adjustable rate to a fixed rate?

What makes it slow in this case is that you don't really start seeing real cash flow until after year five but it's more effective than rentals in that there is little to no maintenance.Sure you can live in a home while fixing it up with the intention of selling it for a nice profit later but I think many people are already doing that and the buyers of slow flips now also have that opportunity without having to qualify with a bank.

Interested in STR, LTR, Fix and Flip, commercial RE, and land development.