Michael has been involved in more than 1,000 real estate transactions across the Dallas–Fort Worth market. At Diamond he works directly with sellers and investors — guiding sellers through the cash-offer process and helping investors evaluate the inventory Diamond brings to market.
Team
Michael Luthanen
Director of Sales
Michael has been involved in over 1,000 real estate transactions across the DFW market and works directly with sellers and investors at Diamond.
- Director of Sales, Diamond Acquisitions
- 1,000+ DFW real estate transactions
Published
Posts by Michael Luthanen
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For investors
The 10-Year Treasury Just Hit Its Highest Level Since 2002: Does a Texas Rental Still Pencil at 7.28%? The Cap-Rate Test, Worked Through
The 10-year Treasury topped 5% this week. See the cap-rate, DSCR, and break-even rent math for a $300,000 DFW rental at 7.28%, and what it means for flips.
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For investors
How to Run the Numbers on Your First Texas Flip (2026): the 75–80% Rule and the 7 Line Items Beginners Miss
How to run the numbers on a first Texas flip in 2026: the ARV × 75–80% − repairs formula, a full DFW worked example, and the seven line items beginners miss.
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For investors
Your First Texas Flip Rehab Budget (2026): 12 Line Items, DFW Cost Ranges, and the 15% Contingency That Saves the Deal
How to build a first-flip rehab budget in Texas as of 2026: 12 line items with DFW cost ranges, finish tiers, permits, hard-money draws, and a 15% contingency.
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For investors
How to Analyze a Texas Rental Property in 2026: the 1% Rule, DSCR, Cash-on-Cash, and 5 Costs That Break Beginner Math
The 1% rule, DSCR, and cash-on-cash for a Texas rental in 2026, plus the five DFW costs (taxes, hail insurance, vacancy, management, capex) that beginners miss.
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For investors
Buying Texas Investment Property in Q4 2026 — 6 Numbers That Changed the Underwriting
Texas inventory sits near 5.4 months and prices have softened 13 straight months. What a balanced market changes for flip and rental underwriting in Q4.
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For investors
How to Finance a Texas Fix-and-Flip in 2026: Hard Money Rates, Points, and the Real All-In Cost of Capital
What capital actually costs on a Texas flip in 2026: hard-money rates, points, LTC vs. ARV caps, rehab draws, the DSCR/BRRRR refi exit, and the all-in math.
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For investors
How to JV a Wholesale Deal in Texas (2026): Splits, Paperwork, and What Happens at Title
What a wholesale JV actually is in Texas — the agreement, the split, §1101.0045 disclosure, assignment vs. double close at title, and the red flags to avoid.
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For investors
Can't Move Your Wholesale Contract? How Texas Dispo Partners Work (2026)
A wholesale contract you can't assign and a close date bearing down: the three real exits, how Texas dispo partners underwrite, and how to vet one first.
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For investors
Fix-and-Flip vs. Buy-and-Hold in Texas: Reading One Deal Two Ways
The same Texas house can be a flip or a rental. How to read one Diamond deal both ways — ARV and the 75–80% buy math, cap rate, DSCR, BRRRR — and self-select.
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For investors
How Buying From Diamond Works — The Complete Investor Process, End to End
The complete investor buy process at Diamond — free portal, in-deal calculators, submitting an offer, single-closing assignment, and a 1–4 week close.
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For investors
Out-of-State Investing in Texas Real Estate — A Remote Buyer's Playbook
How out-of-state investors buy Texas off-market deals with confidence: entity setup, verifying a house you can't visit, wire-fraud safety, and closing remotely.
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For sellers
Cash Offer vs. Listing in Texas — The Real Math After Every Fee
A cash offer at 80% of retail sometimes nets more than listing at 100%. Exactly how the math works — commissions, concessions, repairs, and holding costs.
Ready for a written cash offer?
Tell us about your property — we will come back with a fair, no-obligation offer in 24 hours.
- Funded offer — cash committed before we sign
- Offer locked — no renegotiation after inspection
- Proof of funds with every offer
A real Diamond team handles your sale start to finish — funded offers and one clean closing, not an anonymous call center passing your lead around. Meet the team.