All Forum Posts by: Clint Jusino

Hey BP Family, fortunate for me I'm now in a position where I have capital but no deals! Im located in Houston Texas and want to invest in the market. Are there any fellow Houstonians that have sub to or seller finance deals available? Would like to be added to buyers list or make connections for existing or future deals. I have upwards of $50K to spread into several properties that can cashflow.Im ready to close on properties any day now! Thanks In advance and I look forward to the responses. 

In search of the best place to purchase LVP in the DFW area.  Looking for the best price for flooring.

 Interesting, sir! I did a little digging on that. I'm not sure the viability here, it assumes they'd be willing to take less than market value and enough less where it covers 20% down? 

I'm all over the place on this one with a mix and match conundrum.

I've got a duplex that's been awesome for me. It's got a $200K mortgage on it with a value of... at least $325K. Best case $400K. I've been eyeing up buying a second investment property: my partner's parents' place. They've been great owners, keeping the upkeep strong, and lately putting about $40K into it to ready it for sale. My guess is they'll ask about $250K. I believe I'll need about $50K for closing, right? With 20% being the common minimum expected if it's purchased for an investment?

Then there's our primary residence. We bought a new build last year and it came with a lot to be desired on the landscaping end. We're ramping up efforts to improve that this spring/summer. I'm just guessing here... maybe $40-60K in improvements?

We have $50K in cash. Another $50K in savings that we'd like to leave untouched. 

Is there an obvious answer for what's the better move to finance either the landscaping and home improvement projects? Cash should go to the purchase? The landscaping? Vice versa the HELOC? Does it matter? Appreciate any and all opinion.

Calling  all investors and agents lets connect and get some work done ! 

Hi Biggerpockets Forum,

Currently looking for a reputable contractor in Atlanta, Georgia. If anyone can refer me to one it will be very much appreciated! 

I'm trying to streamline the app process for my tenants (and me).  Thanks!

Hi, two years ago, I bought a 4plex for $275,000 . It cash flows about $1000 and has a balance of around 210,000 on it.  I've made a  deal on a 6 unit apartment 5 minutes from the house.  Got it under contract for 289,000, and it's currently bringing in $3750 in rent. I've got 40k lined up that I'll be  borrowing from my parents for downpayment . But after going to the bank that I normally deal with, they said rates for investment property will be around 9%. Then the bank is acting funny about my dti ratio since I've already got one investment property and one person home mortgage.  Any advice?  Even if the bank does approve me, im going to be stretched thin, paying my parents back in a timely manner. I've thought about doing a refi on my 4plex and pulling money out, but I hate the thought of losing my 5% rate I got on it. My current home loan is a heloc and its pretty much maxed out from using it for a down payment on the first property and its also climbed to 9% so I  need to get it redone to a traditional mortgage and get the rate down on it. Any advice on my mess would be greatly appreciated.  Im going to see if the seller would be interested in doing a land contract, but given their age, I dont see them going for it. 

you can get no seasoning upto 80% as long as the rent covers the mortgage

Hello everyone,

I'm thrilled to join this vibrant community and connect with fellow real estate enthusiasts. I'm particularly excited about exploring subject-to (SUBTO) deals and expanding my knowledge in this area.

I'm currently based in the Dallas area and am eager to connect with lawyers who specialize in subject-to transactions. If anyone here has recommendations or can point me in the right direction to find legal counsel experienced in navigating subject-to-deals, I would greatly appreciate it.

Additionally, I'm actively seeking opportunities in the multifamily real estate market. If anyone knows of any multifamily deals available in the Dallas area or has insights into potential investment opportunities, I would love to hear from you. Whether it's off-market properties, distressed assets, or value-add opportunities, I'm open to exploring various options.

Thank you all for welcoming me into this community, and I look forward to engaging with you and learning from your experiences.