Those sell but builders generally have to give some pretty aggressive rate buy downs to help those qualify move up luxury is still moving without having to give big concessions.

.• This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.

If you want to be active, you will get a lot of good advice on this Forum about what market to invest in and what type of active property. 

Please get some help with this. 

Hope this helps and feel free to DM me if I can be of any assistance locally. 

 Hey GUYSOver the years, I’ve worked on creating high-converting funnels for marketing agencies, and one thing I’ve noticed is that the core principles of attracting, nurturing, and converting leads are just as relevant for real estate investors.I’ve been diving into strategies that could help investors streamline their deal flow, attract motivated sellers, and build better relationships with private lenders.

This is more than enough to do PML's whether you originate or purchase from a broker is up to you.

As a General Contractor myself here in east central Texas, I can tell you that connecting with local GCs via Facebook groups can be incredibly helpful.

If you are willing to do this over a long period of time, this can be a great strategy, especially in a low-inventory market.

I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).