Hi There,Has anyone started a mortgage servicing business in Texas?

Hi, my name is Shad Lorenz and I am a 12 year Army Veteran, 10 year small business owner with a Bachelor’s degree in photography looking to start my journey in Real Estate Investing with my wife Beth Lorenz. 

pid=2107Houston Real Estate Highlights in July, 2024:-Single-family home sales rose 1.8 percent year-over-year;-Days on Market (DOM) for single-family homes went from 42 to 44 days;-Total property sales were down 2.1 percent with 8,969 units sold;-Total dollar volume increased 4.4 percent to $3.8 billion;-The single-family median price increased 2.9 percent to $350,000;-The single-family average price rose 4.7 percent to a record high of $445,440; -Single-family home months of inventory registered a 4.3-months supply, up from 3.1 months last July;-Townhome/condominium sales continued to decline, falling 19.5 percent, with the median price up 0.7 percent to $221,500 and the average price declined 0.8 percent to $261,123.

The data should start showing soon.

I would like to buy my second duplex using DSCR loan which will require about $63k total to close.

I am just starting out so any help will be greatly appreciated!

The amount of permits and how many plans, details and documents is totally under the purview of the Engineer themselves.

I'm going to start sending out a lot of marketing in the triangle and am looking for investors that are experienced in the area that can be my boots on the ground.

In other words, have your ducks in a row for the refinance (usually 2-3 weeks for a DSCR cash out refi) and then start shopping.

From my experience, starting with long-term rental properties is a smart move, especially for those looking to build wealth steadily over time.