All Forum Posts by: Bab Adetiba

What's the likelihood of a credit union or bank lending for property under $30k? I am familiar with an FHA and the 6-12 month owner occupied living condition and the 403k which includes rehab cost but do they generally go to properties under $30k? Independent of one's credit score.

I have +/- $10K cash to purchase and don't want to put $20k cash in, and I don't want to wait another year to raise $10k. I have not worked with or researched any HMLs either.

I am in Dallas and new SFHs are on the market due to mainly governmental factors. Any advice would help! Thanks!

@Roy Oliphant school performance depends what part of Dallas proper you are looking at but the overall metro has many good schools. In regards to rental rates, I find success in surveying the area and having personal friends who live throughout the city. Once I asked the neighbors and they told me everything. PLus an agent should provide any rent rolls...

Hi,

I am also a Tunde, live in Dallas and work in the IT field.

The beginner course is very valuable and assists in providing clarity to this whole web of REI...

Let's build!

Since this post, j was able to compare. Zillow was only $2k off the actual list price. 

I do have a friend with MLS creds and they've been run on the area but the owner won't budge on lot price . Are you a realtor? My current Realtor doesn't move quick enough haha

I am in the southern part of Dallas. Any luck in forming a meet up?

Any luck in finding a meet up, Carey?

Correct post, incorrect category.

For an investor, what can be expected in terms of cash flow in a small town? Dallas Ft Worth is crazy hot but I am visiting Waxahachie, town of < 35,000, where we (my team) plan to build single families. This small town has a bunch of 5000-6000 sqft lots for decent prices. I am not finding much success in Dallas with lots that fit my criteria.

Also, I don't see much discussion on BP about buying lots and home building. Does anyone specialize in buying lots or construction loans and financing construction in Dallas or otherwise?

For an investor, what can be expected in terms of cash flow in a small town? Dallas Ft Worth is crazy hot but  I am visiting Waxahachie, town of < 35,000, where we (my team) plan to build single families. This small town has a bunch of 5000-6000 sqft lots for decent prices. I am not finding much success in Dallas with lots that fit my criteria.

Also, I don't see much discussion on BP about buying lots and home building. Does anyone specialize in buying lots or construction loans and financing construction in Dallas or otherwise?

Thanks for the love. The courses are just great and have allowed me to zero in on a niche. The forums hold a wealth of knowledge also. I look forward to connecting with the BP community and making my first sale!