Hey fellow Houston investors. I'll make this brief. My partner and I have been rehabbing for the past 5 years or so. We have 6 rentals currently and have flipped about 20 others. Long story short we are trying to reach out to other local investors who are actively buying to move property that we either don't have the time to rehab ourselves or acquire strictly for wholesaling purposes.
We buy mostly inside the loop in areas that we can mark up the value with a little tile and counter tops, etc. We generally don't touch anything at less than 70% but try to stay closer to 60%. We acquire a lot of REO's but also sometimes come across pre-foreclosures and probates that are just too good to pass up...the problem is we can't flip them all.
If you would like information on the properties we decide to wholesale please send me an e-mail;
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or call Monty at 832-788-6549.
Thanks,
Monty Ortiz