You are rocking it man, I am envious in a very good way!

Population data supports that over 150 people per day are moving to the Austin-Round Rock area (read Culture Map Austin's recent post).KVUE covered the WCAD property tax increase in this report.

Rock on, @Roger Vi!

I feel like i have no good integrity and saw my very first few good looking deals kind of slip away from my hand.I have read and listen to some of experience investor in this type of business about A to B and to C. before even looking for the motivated sellers.This is what i have understood;After talking to the seller(A) i have to send the letter of intent with the 2 written options either cash or term.

Close to the Georgia Dome, the castleberry park, vine city, ect. area.I am looking at that area because I think that it would be a good investment since there is a new stadium and a new hard rock hotel popping up near there in the next few years.

http://moneymorning.com/2016/04/08/housing-could-be-headed-for-the-rocks-but-homebuilders-are-already-there/

Our current model is to buy low price band assets and rehab / sell with owner financing.  

I am an investor in the Black Rock section of Bridgeport.

Consider the following "Band of Investment" approach to Cap Rate development:debt rate X LTV  =  y+equity yield x equity to value = zY+Z =cap rate needed to meet investment returns.Example:        5%loan  X 80%ltv = .04                       12%yield x 20% equity = .024                       Indicated cap rate = .064 or 6.4%As you can see, depending on the debt structure we could both by at the same cap rate but that would not mean we would have the same coc return.

Do you have financing ready to rock and roll or do you need to secure that to purchase?