All Forum Posts by: Justin Brickman

Hey Moshik welcome! Good luck on the long distance journey! 

You should take a look here in San Antonio Texas. I've had a lot of the BP community reaching out to me over the last 4-5 months. 

You can also listen to the BP On the Market Podcast. They recently put out an episode where they look at the latest data and rank the top 5 markets to invest. 

When you live here, you'll never want to leave home! Grand foyer greets you at the front door & a beautiful study with cedar beams, built in bookshelves with French glass doors. Downstairs living area overlooks the large dining room & gourmet kitchen. Living area offers an immediate ignition fire place with stunning rock details, gliding patio doors with mechanical blinds make up the entire back wall offering an unobstructed view to the outdoor kitchen, pool, fireplace & living area. The open kitchen features soft close, dovetail joint custom cabinets with hand painted details, double ovens, induction cook top (gas fixture is an option with a different cook top). Outdoor living at it's finest complete with automatic shades, Coyote gas grill, refrigerator, fans, bistro lighting and a sparkling pool complete with fire accents. Primary suite is located downstairs with whirlpool tub, stand alone shower, extended double vanities & a massive walk in closet. Downstairs also features a large secondary bedroom with ensuite for guests & a separate half bath. Upstairs offers tons of storage, 2 large bedrooms, a large game room with powder room, a wet bar & wine refrigerator as well as a separate media room complete with projector and riser seating. Garage offers EV charging built in & overhang storage, sprinkler system & water softener. Corner lot in the exclusive custom home community of Hidden Canyon offers private gate, pool, clubhouse, exemplary schools & access to the finest shopping & dining San Antonio has to offer

Hey James, 

The 2% cap should be IPC only (Interested Party Contributions). The real estate agent or seller credits would be considered IPC, lender credits are different. 

I'm in San Antonio, happy to connect while you're here! DM me 

One of my client's is a hard money lender - Longhorn Investments, and it's based off the ARV. I can connect you with them if you private message me

Havent dealt much with New Western. I would just say be careful with the contractor. Try not to pay until work is finished. if you have to pay before, make sure it's a just a small portion. Goodluck with your first fix and flip! 

Congrats and good luck Ray! Looks like a great first investment

Love it

I like it! Doesn't have to be a home run in year 1. Looks like appreciation alone will make it a great deal. Cash flow looks solid too.

Congrats Chris on the first investment property and good luck!