Hi Everyone,I'm a new wholesaler in Houston and I have not become an LLC yet.

There is a program here in Houston actually with excel mortgage that finances at 100%, as long as everything comes in under 80% of the ARV including the refi.People aren't idiots for reading books.

It’s not rocket science but you do need to learn to do it right.

There's a couple of things that go into my conservative financial bent:(a) I lived in Houston from '78-'03, which means I was there when the average house DROPPED BY 50% over a few year period.

They have a main office in Houston.

It also protects me in case the house cannot sell for whatever reason.I work all of Houston basically.

Good to see more people from Houston.

I cannot be there to see things for myself, but I see is prices $1 to $30,000 for 3 bedroom houses 1 - 10 miles outside major us cities by populas such as houston, detroit, chicago according to realtor.com.

It really isn't rocket science.

He dug out his info on the property when he returned to Houston (he is a huge pack rat) and we calculated that he would have lost (IIRC) about $3K/year over 20 years.