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Investment Properties in Bexar County : Real Estate Advice

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  • Local Info1
  • Home Buying5
  • Home Selling1
  • Market Conditions0

Activity 36
Thu Apr 20, 2017
Susie Kay answered:
Tue Jan 3, 2017
Benlascala asked:
Wed Dec 28, 2016
eckszed asked:
nearby? i love the data you give. you include approximate breakdown of costs of purchasing (mortgage, taxes etc) but what would be the RETURN if i were to rent it out based on local market?…
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Mon Nov 7, 2016
Susie Kay answered:
I would suggest that you talk to your CPA. There's a program called 1031 exchange in which investors can sell and purchase a like kind property with no tax consequences. Your situation is different, though, since you are using the profit from your company to purchase an investment property. Again, talk to your CPA.

Best,
Susie Kay
... more
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Thu Sep 15, 2016
Kristopher Williams answered:
Thu Sep 15, 2016
Kristopher Williams answered:
Thu Sep 15, 2016
Kristopher Williams answered:
If you're looking to pay cash for a house reach out. Our office sells 20-30deals a month below market value and with clear title all over town.
2105705506. Kris
0 votes 1 answer Share Flag
Thu Sep 15, 2016
Kristopher Williams answered:
If you're looking to pay cash for a house reach out. Our office sells 20-30deals a month below market value and with clear title all over town.
2105705506. Kris
0 votes 2 answers Share Flag
Sun Jun 26, 2016
Beverly asked:
i would like, and have permission to pursue independent endeavors in addition to my title as a leasing agent, and equity partner, because humility is better approach to anything. i want…
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Sun Jun 26, 2016
Beverly asked:
i would like, and have permission to pursue independent endeavors in addition to my title as a leasing agent, and equity partner, because humility is better approach to anything. i want…
0 votes 0 Answers Share Flag
Tue May 3, 2016
Lisaleopoldgregory answered:
Thank you Bruce. Don't quite understand your answer. The Seller is saying his attorney is telling him he does not have to provide current leases to the buyer prior to closing. How would the buyer know the rents, deposits and what the current tenants lease agreements say? ... more
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Tue May 3, 2016
Lisaleopoldgregory asked:
Seller refuses to provide leases to buyer prior to closing due to "privacy act" he says. Is this true?
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Wed Feb 24, 2016
Marco Bolado answered:
I'd be glad to help.


Marco Bolado
Entrust Equity Funding, LLC.
Alternative Lending Solutions
NMLS ID: 222640
210-549-5777 off
210-485-1154 fax
210-286-8136 cell
www.entrustequityfunding.com ... more
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Tue Jan 26, 2016
Laneece2010 asked:
Hello, My name is Chris and I wholesale real estate out of Pittsburgh PA. My business is expanding and I'm looking to link up with other wholesalers in San Antonio Tx. If interested call…
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Thu Dec 17, 2015
Britney.higgins asked:
im a new investor in San Antonio and i locate off-market, discounted properties for agents cash buyers! Im currently working on building my contact list and would love to send some off-market…
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Sun Nov 22, 2015
Klaus.kruger answered:
We are seeking viable projects in need of capital injection through loans or direct investment funding.
Because banks are very reluctant to provide funds for projects/businesses we are willing to help you find the necessary funding.
This can be for trade, project, real estate, etc. etc.
Please send your requirements, or offers for funding to: kiv.kruger@outlook.com
... more
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Thu Feb 12, 2015
Jose Angel Rodriguez, Jr answered:
I work with a great loan officer that can assist you on this.

http://branches.interlincmortgage.com/weskleckley/meet-the-team/20
0 votes 1 answer Share Flag
Thu Jun 5, 2014
Vino Alonzo answered:
Hi bigg92,

It all comes down to a few important factors: credit history, debt to income ratio, down payment, cash reserves, and employment history.

Here are the requirements:

CREDIT HISTORY - lenders use an automated underwriting system. This sophisticated system analyzes risk by reading credit reports and other factors. If the system gives an "approval" and lender can meet the conditions of the approval, you're pretty much good to go.

DEBT TO INCOME RATIO - maximum debt ratio is 45%. This means all of your debts (including proposed rental property payment) divided by your income, proposed rental income cannot be more than 45%.

DOWN PAYMENT - Minimum 20% down payment

CASH RESERVES - after you pay down payment, closing costs, prepaid items, you must have 2 months reserves for every financed property you own. To clarify, 2 full payments for all properties financed.

EMPLOYMENT HISTORY - minimum 2 year employment history is required for a borrower to be eligible.

Vino Alonzo, Loan Officer
NMLS# 184279
First Cal Mortgage
210-685-7642
valonzo@firstcaltexas.net
... more
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