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Joe Davis on Muck Rack

Joe Davis

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seller financing in San Antonio, TX

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By Xueling Xu, Joe Davis, Justin Brickman
| BiggerPockets Verified
Quote from @Xueling Xu: Dear investors, I just signed up BiggerPockets today. I was searching seller financing in San Antonio, TX. I am in real estate, buy and rent out since 2020. beginning level. I am planning to sell one townhouse. and want to do it seller financing in Nov. 2023. I watched the forums had one post asking the same question but it was like 5 years ago. currently, with the good credit like 740 above, the 30 yrs loan is 6.75%. I am thinking of asking 10% of interest.
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By Antoine Martel, Joe Davis
| BiggerPockets Verified
So I'm new to real estate investing and I have been analysis some deals over last few weeks. And I'm constantly getting cash on cash return around 4-4.5%. So I'm just wondering what's the normal cash on cash return in Houston market? Are my deals good or bad considering cash flow is my priority?
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By Alicia Evans, Craig de Borba, Joe Davis
| BiggerPockets Verified
Hey @Alicia Evans, If you're looking to buy notes, paperstac is probably the most well known place for that. I haven't bought any there but listed one of mine that we ended up holding on to. As far as private lending, I would just make sure you are vetting the person you lend to. I have a fix and flip/wholesale company in San Antonio, TX and we use private lenders quite often. A few things I would do before lending to anyone on any project: 1.
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