Lot's of deals working - Looking for more!
I had a record six rehabs going on at one time this summer with a total of 11 in the "cycle" - 3 were sold waiting for closing and 2 were under contract waiting for me to buy :) It has been a good summer for sure.
But I want to do more. I have funding in place and the capacity to do quite a few deals, but I don't have the time to manage them all. So I am very interested in partnering with other investors who have deals but need financing. Please note - I am NOT offering to just be a lender here. I want to proactively partner with investors who want to learn the ins and outs of investing or for folks who need some capital support.
I am only looking to do deals in the DFW market at this time - but would consider Austin, San Antonio, or Houston if the deal makes sense.
Oh and if you are with one of the big wholesale firms in the area (you know who you are), please don't contact me.
Most Popular Reply
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
- 607
- Votes |
- 1,016
- Posts
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
Actually, the 2 big wholesalers are some of the few who are licensed. I'm also a licensed Realtor, and would prefer wholesalers be required to have a license for competitive reasons, but there's absolutely nothing illegal or unethical about wholesaling without a license in Texas, nor is it brokering since wholesalers take equitable title.
In my experience, the big 2 have the worst reputation ethics wise, and ironically they're the ones who are licensed. Nothing wrong w/ wholesaling w/ or w/o a license in TX, as long as you're honest and transparent.