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Updated almost 7 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Jermaine Williams
  • Houston, TX
3
Votes |
7
Posts

Best Strategy and Market for 203k

Jermaine Williams
  • Houston, TX
Posted

Hello BP, 

I was just approved for a $250,000 FHA 203k loan. I have a remote job where I can move anywhere west of Houston TX.

What would you do to make the most of this opportunity from an investment approach? I currently own a primary residence and 1 SFR in Houston, and plan on making my primary a 2nd rental.

The BRRRR method, House Hack a multifamily, House Hack a single family, renovate something for a future AirBnB, there are so many ideas running through my head, so I figured I would pose the question to the community.

What would be your play?  What areas are ripe for this type of investment?

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