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Updated over 8 years ago on . Most recent reply

User Stats

161
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63
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Tamara Elliott-Deering
  • Real Estate Agent
  • Cedar Creek, TX
63
Votes |
161
Posts

Need Private Money or Equity Partner for 2 Austin area fix/flips

Tamara Elliott-Deering
  • Real Estate Agent
  • Cedar Creek, TX
Posted

I've got two great properties under contract in Taylor, Tx a bedroom community outside of Austin, Tx. The first deal will be a 3/2 1524 SF house the numbers are as follows: Purchase Price $72,000 + I'm paying title insurance, repairs $55,000 give or take. ARV $180,000.

2nd deal 2 bed 1 bath 1148 sf purchase price $55,350 repairs about $40,000 ARV $134,000. I'm hoping that by having two houses so close together I can achieve some economy of scale with my subcontractors.

I have a complete investor package and a CV that details my project experience and success that I would be happy to share with you if you are interested. Ideally I'd love a private money lender but I'm open to an equity split. I would also consider assigning the first property.

Tamara

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