All Forum Posts by: Cameron Whitehead

@Brad France Brad, yes sir, we had it running pretty steady for a while. Haven’t had a meet up lately but planning on starting back up soon. 

@Ashish Telang I am a realtor in the San Marcos, Buda, Kyle area. Would love to help out.

@Billy Zhao we have amazon and lots of industrial businesses along with working professionals. Prices are high right now but you can find a few good off market deals here and there. There are some pockets where you can pick up houses for under 250k and some under 200k.

@Billy Zhao. It’s a good mix. I’d say single fam is more families and young professionals like in most cases. Lots of great neighbors for fillips and same for rentals. Problem with rentals is property taxes are high but you’re use to that coming from Austin. So we buy rentals in other areas but flip here.

@Billy Zhao I’m a San Marcos investor. Let me know if you need anything!

Greg, I bet there are great deals in your backyard if you look hard enough. I personally don't bother with out of state there are plenty of great deals within a few hours from me. 

Just depends on your comfort level. For the first deal, I would lean towards local. 

Why are you even considering out of state? Too expensive where you live?

I think that's a great plan if that's what you are comfortable with and a great way to get started. Better than not having a plan at all! Take some action and good luck! 

@Jay Morgan you are giving up a lot of profit there.... I have done it that way before when I first got started but then I switched to interest-only payments for the life of the loan and a couple of points. You get to keep a lot more of your profit and my investor is still happy about the return he is getting. Win-Win.  

Eddy, I would call the agent and ask them if they are familiar with sub-to. Tell them you have a solution that might help the owner. A lot of agents will be representing the bank and not necessarily the owner. In that case, go straight to the seller go knock on their door and present your solution.