All Forum Posts by: Armando Vasquez
Armando Vasquez has started 5 posts and replied 8 times.
Post: San Antonio Investor special/ Fixer Upper
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
1419 W Travis- Two houses on one lot for a total of 6 br/ 3 bath (2371 sqft). Lot- 5662 sqft
ARV- 94k/ Asking- 39k/ Estimated repairs- 30k. Feel free to contact me if you are interested in this property.
210 587 5017
This 1/1 is 448 sqft and sits on a 5,000 sqft lot. Located less than two miles from an elementary, middle, and high school. New windows, roof, cabinets, siding, foundation, and electric wiring. New floors are paid for with receipt (Atlas Floors) just waiting to be installed when buyer decides. Minimal work is needed in kitchen and bathroom.
ARV: $45,000/ Asking $23,000
210 587 5017 [email protected]
Armando Vasquez
Post: San Antonio fixer uppers
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
Two houses on the same lot (1604 W Salinas & 317 N Colorado). Vacant for many years and need repairs. ARV: 1604 salinas- $55,000/ 317 N Colorado- $32,000. Asking $28,000 for both.
210-587-5017 [email protected]
Post: Medicaid
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
Post: Medicaid
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
Post: Medicaid
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
Originally posted by @Nat C.:
I don't know much about it but I just thought if you get help from Medicaid to pay for the nursing home, the state attempts to recoup from your estate whatever benefits it paid for your care. I read that if you sell your house at fair market value, it may make you ineligible for Medicaid and you may have to apply the proceeds of the sale to your nursing home bill.
Post: Medicaid
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
I had a seller that contacted me from my direct mail postcard wanting to sell her house because she didn't know what to do with it now that she is in a nursing home. Her only concern is not being able to get Medicaid if she sells it to me. The house has been vacant for 6 months while she has been in the nursing home and she is only asking 20k for it (ARV 55K). I don't want to leave her in a tough spot in the future if I buy it. Any suggestions?
Post: San Antonio Investor special/ fixer upper
- Investor
- Lufkin, TX
- Posts 8
- Votes 0
I have two properties under contract and I am looking to add to my cash buyers list. The properties are on the same lot so I have them under contract together. The house in the front is a 3br/ 1 bath (1071 sqft) and the house in the back is a 2 br/ 1 bath (705 sqft). The combined ARV of the two houses is $88,170 and I am asking $36,000. The properties have been vacant for years and I estimated the repairs to be about $25,000. If you are interested in these properties or others please call me (210)587-5017 [email protected]