Houston- Who Has Bought an Investment Property in 2020?

Question

I'm curious who has bought an investment property in Houston this year. Where did you find your property and how did you finance it?

Holly Brown · Answer

Hi Turner, I bought during Covid in March. I was still in the option period on March 11, and chose to close because it was too good of a deal to pass up, regardless. This one was owner financing. Found it on the MLS and offered 80% of asking.

Shahriar Khan · Answer

@Turner Wright have been buying every month this year, all of them are not from MLS and/or from any realtor. all from wholesellers via private funds aka cash close (later refi). I had to be very flexible in terms of location to push those volumes.

Full disclaimer : wholesellers ARV/Cost are 100% wrong and 100% of the time. One of them managed to pull a fraud sales on me this year (another story for another day) but i still find better deals from that community compare to realtors and/or MLS. On the flip side I love my realtors when it comes to sell via MLS .

How is your deal flow ?

Houston- Who Has Bought an Investment Property in 2020?

Houston- Who Has Bought an Investment Property in 2020?

Investor-friendly agents in Houston, TX

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