I’m interested in doing my first flip here in Houston Texas.

Looking in North Carolina, Greenville SC area, Houston Texas, and Florida.

If your lender has not already pulled your pay stubs, banks statements, W2s and tax returns - like the "instant" pre-approvals issued by Rocket Mortgage and Quicken - it's garbage.3.

Almost everything in Houston (multifamily) has easily doubled in the last 2-3 years, much less 4 years back. 

Unless there has been a reported or recalled flood like Houston, N Carolina few cared or discount them.....The real question is how much is the mandatory flood insurance per year with a loan?

Hi,Anyone here owns a CRE in Houston that is paying for flood insurance? 

You could also look to purchase several apartment buildings in a different market, and have a management company in place so your work load doesn't sky rocket. 

@Jim Goebel I live in Houston, Texas.

And this is near city center in Houston TX with plenty of land and appreciation.I try not to be a strict rule of thumb buyer but bottom line, unless it's an A or NNN deal, a property will almost never cash flow if it isn't a 1% deal. 

Im currently holding about 7 properties in Houston right now cash.