- 3 Bed / 2 Bath | ~1,190 SF - Sitting on a massive 0.79-acre flat lot with killer views - Quiet cul-de-sac in a desirable pocket of Serra Mesa Deal Snapshot: - Asking: $899,000 OBO - Rehab Estimate: $125K - ARV: They’re calling it $1.2M - Close of Escrow: 14 days - EMD: $25K (non-refundable within 24 hrs) - Vacant at Close - Access by Appointment - Non-Contingent Offers Only Let me know if you want to connect directly with the wholesaler or run through the numbers together. Obviously, I’m hoping to fund the deal, so if you’ve gone through our super simple approval process (basically easier than ordering DoorDash), I’m happy to get you all the details. Funding’s lined up and ready when you are, just let me know how I can help.

Looking for buyers in San Antonio have an investment property that im trying to sale. Reach out for address

Hey, I watched the video on fix-and-flip calculations—it was a great video! Josh mentioned that many of his houses haven’t sold, so he has renters to help cover his mortgage payments. How long does he typically wait before deciding to rent them out? Also, once he has renters in the home, doesn’t he need to wait a certain amount of time before selling, since the renters would need to move out first?

When you’re chatting with a hard money lender, you’ll want to go beyond just asking about rates and points. This is what I’d ask on the first call: 1. Are They Truly Direct? - Are you a direct lender, or do you have to go through a third party? Some lenders say they’re direct but still need third-party approval to resell the loan, which can add delays and limit flexibility. 2. Experience Requirements - What level of experience do you need, and what do they count as experience? Some lenders consider a “completed project” to mean a property you’ve rehabbed and then either sold or refinanced. Get clear on their experience requirements. 3. Minimum Credit Score - What’s the minimum credit score they need? Knowing their credit score expectations up front is always helpful. If your score is lower than average expect the LTV's to drop accordingly. 4. Loan-to-Value (LTV) and After Repair Value (ARV) Caps - What’s the cap on the After Repair Value (ARV)? Some lenders advertise 90% LTV, but if the combined purchase and rehab costs go beyond the ARV cap, you might need to bring in more cash to keep the loan within limits. 5. How Does the Draw Process Work? - What’s the process to pull funds for rehab, and how long does it take to get reimbursed? A quick, easy draw process can make a big difference in staying on schedule. 6. Loan Term and Extension Fees - How long is the term, and what do extension fees look like? Some lenders offer shorter terms, like six months, which could lead to extension fees stacking up if you hit any delays. 7. Prepayment Penalties - Is there a penalty for paying off the loan early? Look out for phrases like “minimum interest collected” instead of “prepayment penalty,” as it may mean you’re paying a certain amount of interest no matter how early you pay off the loan. 8. All the Extra Fees - What are your draw fees, processing fees, and other random charges? Ask about anything that might come up beyond just the rate and points. Extra fees for draws, legal stuff, or processing can really add up, so it’s good to get the full picture.

We're teaming up with a contractor for a new project! Here's the scoop: - Property Acquisition: $1.2 million (with $32k in fees) - Budget: $125k for renovations (the contractor is covering costs in exchange for 20% equity) - Monthly Mortgage Payment: $7,800 - Timeline: Currently in Week 3 of 10 weeks - Projected Sale Price: $1.65 million by the end of January at a 5% commission While this isn't a flashy deal, it’s a solid investment. We'll fully stage the property and make it available for short-term rentals on Airbnb throughout December. We did this last year, and it really helped with holding costs during the slower season. Attached are the plans and some recent photos. Can anyone calculate the returns using the spreadsheets I sent out earlier this week? Thanks!