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Dmitri L.
  • Investor
  • DFW, TX
101
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318
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Looking for SFR for buy and hold in DFW

Dmitri L.
  • Investor
  • DFW, TX
Posted Mar 2 2015, 06:13

Hi BP Nation,

I'm looking for buy and hold properties in the DFW area (Dallas TX, Fort Worth Texas). If you have a deal meeting the criteria below, please give me a shout!

- 3/2+ SFH
- 120-160K approximately.
- Around 1.2% rent to price or higher (must cash flow 200$/mo min after all expenses, mgmt, capx, and financing at 80% LTV and 5%)
- Light rehab preferred (paint, carpet, finishings), sub $10k included in budget above. Good roof, foundation, EMP. Will consider more for the right deal w/ significant forced appreciation.
- Area: Richardson ISD, or similar class of school district; good retail resale potential
- Wood structure (brick veneer OK), and 22+ years old

Best of luck to all in your endeavors!

Regards,

-Dmitri

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