All Forum Posts by: Dean Jensen

Great rental neighborhood in desirable Spring, TX.  near Treaschwig & Cypresswood Dr.  Currently occupied but tenants are leaving.  Bring cash or buy "subject to" with less cash out of your pocket. 

$120,000 ARV, $10k Rehab. Rent easily $1250 to $1295. ACT FAST!

Sales Comps @$160,000.  Purchase $130,000, Rehab $10,000.  Monthly rent $1450 conservative.  Cash flow around $400 per month.  House is vacant and ready for you to rehab and rent.  Don't miss your chance.  Cash buyers only.

Are you still looking for a house? I may have one for you. PM me

So I am new to RE investing. After 6 months of work I got two properties under contract within 2 weeks of each other. I can only do 1 right now, so I had a buyer for the second. He just told me he had a health issue come up yesterday so he can't do the deal. I guess this would make me a wholesaler on this deal. Honestly, I'd keep it if I could, but it's a cash deal that needs to close pretty quickly and my cash is already tied up in my other property. Not sure how to resolve this but I figured there are people on here a lot smarter than me. (-: House basics: ARV $160k Purchase $133k Rehab $10k Rent $1450-$1500 Any ideas? Thanks in advance