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Investment Properties in Frisco : Real Estate Advice

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  • Local Info21
  • Home Buying139
  • Home Selling9
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Activity 5
Mon Oct 31, 2016
Susie Kay answered:
You'll get more home in Prosper than Frisco. However, having said that, Frisco is more in demand than Prosper.

I'd be happy to assist you and discuss about your investment goal if you are not currently working with a realtor. I've helped quite a few investors in purchasing their homes and you can decide where to purchase once we have our discussion. As I'm not allowed to post my phone here, feel free to reach out to me through my profile.

Best,
Susie Kay
Ultima Real Estate
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Tue Sep 20, 2016
Susie Kay answered:
Did you purchase the home as an investment property and didn't disclose that to the builder from the beginning? Also I'm assuming that you are using DHI Mortgage and didn't disclose that it's for an investment property. I understand that the rates for investment property is higher than primary resident but this is something not to fool around with. The lender can call off the loan. I had a client once wanting to do exactly what you did and I took the time to explain to them. Where was your agent when you purchased the home?

If you do not plan to live in the property (I'm assuming you don't) then I would suggest that you sell it OR try to talk to DR Horton and the mortgage company and see whether you can work something out.

Good luck!

Susie Kay
United Real Estate Dallas
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Wed Sep 14, 2016
Susie Kay answered:
You can check my website at www.dfwdreamhomes.net if you are still looking for properties. Or let me know the details of your search and I can email it to you.

Best,
Susie Kay
United Real Estate Dallas ... more
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Fri Mar 4, 2016
Susie Kay answered:
Of course. The builder doesn't want a whole bunch of investors buying their properties and drive home owners who wants to live in the property away. Builders have their attorneys making their contracts for them and unlikely they'll cross anything out from it. What motivates you in buying a new home to be a rental property?

Susie Kay
Realtor
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
469-371-2899
www.dfwdreamhomes.net
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