Topgolf facility, restaurants, retail spaces, hotels, multi-family residences, and a new pickleball facility—all set to be completed by 2027!

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

Hey Brandon, welcome to the BP Forums.Wishing you all the best with your move and investment journey.

All and all, make sure to do your own due diligence when using Paperstac as well as others because the info can be old and not up to date.

Underwriting guidelines are typically 20% down (minimum) and showing cash reserves of 6 months for all your properties.  

you can't buy land with financing if you don't have the cash to purchase the land you don't have the liquidity to do this type of project. rule number one. we sell 10-20 land plots a year and all of the investors have 2-3x land cost in equity / cash that they can purchase directly. that's before all entitlements and everything else 

I tend to invest more in South Abilene and many in Wylie ISD but have seen investments produce good cash flow all over Abilene. 

Let's assume you accounted for all expenses and have a full $2,400 monthly cash flow.

I lived in my home as my principal residence for all of the last 10 yrs, moved, then sold with owner-financing. 3.5 yrs later, the buyer re-sells the home and sends me full payoff.

Wishing you all the best—don’t hesitate to reach out if there’s any way I can help!