All Forum Posts by: Cade Ruthardt

Amarillo is a great market for investors! I’m an investor and realtor here in Amarillo and would love to help you out! Feel free to reach out anytime!

Hey, @Kyle Green! I'm a realtor for Rilio Realty in Amarillo! There is absolutely opportunity for multi-family investments in Amarillo. If there's anything I can help you with, feel free to reach out to me!

@Scott R. It is already remodeled.

Investment Info:

Single-family residence fix & flip investment in Amarillo.

Beautiful 3/1 in the Bivins Area

After determining your MAO for a property, when making an offer, do you through out your max and decline any counter offers, or do you start negotiating below your MAO? Thanks in advance!

@Jordan Moorhead Thanks for the advice! I live in the Amarillo area. I’ve looked for small multi-family’s here and there’s just not a large amount. I’d love to ask you some questions about your househacking!

Looking for small 2-4 unit multi-family complex to house-hack and get started in real estate. Preferably in the Texas Panhandle, or Austin area.

@Stephanie P. Thank you for the heads up! I was able to lower the amount to 160k. I will definitely be cautious! I've ran the numbers a few times, and the ARV and repairs are conservative numbers. In my market, the numbers should work! I'm hoping for the best!

I'm seeking funding for a duplex that is under contract for $166,000, ARV $250,000, Estimated Repairs $40,000. I am seeking the initial purchase price plus repairs. Also seeking funding for future fix and flips, and BRRRR's.

@Michael Doherty So from my understanding, your debt, including the possible mortgage, insurance, and taxes has to be less than 45% of your income. Since you have to add the mortgage into the debt, would you be able to add the possible rent income to the income column to be able to increase the 45%?