Inventory is way up from last year and prices are beginning to come back down to earth! 

How much are you looking to put down?

This has set me once again down the path of exploring platforms, one of which is RentRedi. 

Heading into year 2 with our first tenants!

pid=2096Houston Real Estate Highlights in June, 2024:-Single-family home sales declined 11.6 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 46 days;-Total property sales were down 13.6 percent with 9,133 units sold;-Total dollar volume declined 12.2 percent to $3.8 billion;-The single-family median price was statistically flat at $345,500;-The single-family average price was statistically flat at $432,090; -Single-family home months of inventory registered a 4.3-months supply, up from 3.0 months last June;-Townhome/condominium sales continued to decline, falling 19.9 percent, with the median price up 12.1 percent to $241,000 and the average price up 7.8 percent to $271,356.

IF I was going to pay down mortgages as you suggest, I would DEFINITELY pay 1 down first.

The programs are quite easy 25% down on a dscr loan and 6 to 24-month terms and can close within 14-21 days send me your email or DM me and I send you the matrix for most of their programs.

Short term bridge loan, they require much less down payment (10% or less) after stabilizing the units you can refinance with a better loan option.2.

A sign goes down and another one goes up.

I had also hoped to just do 5% down.