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Updated over 7 years ago on . Most recent reply

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75
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Kusum Chanrai
  • San Francisco, CA
26
Votes |
75
Posts

Best areas in Dallas to buy SFR for flipping or "buy and hold"

Kusum Chanrai
  • San Francisco, CA
Posted

Hi All. I'm starting to look at working with Net Realty (wholesaler) in order to source deals in Dallas to rehab and sell OR rehab, refi, buy and hold. 

- My budget is about 250K for 1 house or less (not including rehab budget) 

- What would be a good area for a mix of appreciation and cash flow for a buy and hold? 

- What would be a good area for a flip in Dallas i.e high demand for SFR in that price point?

Thanks in advance for all your help! 

Most Popular Reply

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5,323
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
2,246
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5,323
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied

Garland, Rowlett, or Little Elm Ponder

You're pretty late to the flip game with that type of budget...Not saying it can't be done, but there's no low hanging fruit esp with a wholesaler fee on top of it...

  • Ronald Rohde
  • Loading replies...