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Want to Finance Your San Antonio Investment Properties?

TexasCashFlow.com is happy to be working with Gary Curran, a leading Texas mortgage broker and Florida mortgage broker (NMLS: 248863; NMLS: 1306112; BRE:  01789058).

He has several excellent San Antonio investment property loans available, see below. These include many types of investment property mortgages that most can qualify for. Please contact us for more information on investment loan products that are available. You also may call 210-816-4280.

  • No Personal Income Used To Qualify
  • Qualification Based On Property Cash Flow
  • Credit Scores Down To 660
  • Rates Starting In The Low 6’s
  • Up to 75% LTV (Up To 80% NOO On Other Programs
  • No DTI Restrictions
  • 2 Years Seasoning, Foreclosure, Short Sales, BK, DIL
  • Must have Housing History And Own A Primary Home
  • No Limit On Number Of Properties Financed (5 With AOMS)
  • Loans Up To $1 Million (Minimum $75,000)
  • Seller Concessions To 2%

More programs:

Non-Prime/Recent Housing Event

  • Rates Starting In The Low 5’s
  • Loans Up To $1 million (Over $1M Case by Case)
  • Credit Scores Down To 500 (Including Jumbo Loans)
  • Up to 85% LTV With No MI
  • Mortgage Lates Are OK
  • 100% Gift Funds Allowed
  • 5/1 ARM Or 30-year fixed
  • Seller Concessions To 6% (2% for investment)
  • DTI Up To 50% Considered
  • 1 Day Out Of Foreclosure, Short Sale, BK, DIL
  • Owner-occupied, 2nd homes, and Investment Properties
  • Non-Warrantable Condos Considered
  • No Pre-Pay Penalty For Owner-Occ And 2nd Homes
  • No Active Tradelines OK With Housing History
  • SFRs, Townhomes, Condos, 2-4 Units
  • Up To 100% Investor Concentration Allowed


Portfolio Select/Alt-A

  • Rates Starting In The 5’s
  • Loans Up To $2 Million (Minimum $75,000)
  • Credit Scores Down To 640
  • Up to 90% LTV (No MI)
  • Cash Out For Reserves OK
  • Gift funds allowed
  • 5/1 ARM or 30-year fixed
  • Seller Concessions To 6% (2% For Investment)
  • 2 Years Seasoning For Foreclosure, Short Sale, BK, DIL
  • Owner-Occupied, 2nd Homes, And Investment Properties
  • Non-Warrantable Condos Considered
  • Interest Only Program Available
  • No Pre-Pay Penalty For Owner-Occ And 2nd Homes
  • SFRs, Townhomes, Condos, 2-4 Units
  • DTI up to 50% considered


Bank Statement (Personal or Business)

  • No Tax Returns Required
  • 24 Months Bank Statements(Personal Or Business)
  • Loans Up To $2 Million (Minimum $150,000)
  • Credit scores down to 620 / IO available
  • Rates Starting In The 5’s
  • Personal To 90% LTV (No MI), Business To 80% LTV
  • 5/1 ARM or 30-year fixed
  • Seller Concessions To 6% (2% For Investment)
  • Bank Statement Deposits Used To Qualify
  • 2 Years Seasoning For Foreclosure, Short Sale, BK, DIL
  • Owner-Occ, 2nd Homes, And Investment Props
  • Non-Warrantable Condos Considered
  • Gift Funds Allowed
  • No Pre-Pay Penalty For Owner-Occ 2nd Homes
  • SFRs, Townhomes, Condos, 2-4 Units
  • DTI Above 35/43 Considered With 660+ Credit Score

 


Investor Cash Flow

  • No Personal Income Used To Qualify
  • Qualification Based On Property Cash Flow
  • Credit Scores Down To 660
  • Rates Starting In The Low 6’s
  • Up to 75% LTV (Up To 80% NOO On Other Programs
  • No DTI Restrictions
  • 2 Years Seasoning, Foreclosure, Short Sales, BK, DIL
  • Must have Housing History And Own A Primary Home
  • No Limit On Number Of Properties Financed (5 With AOMS)
  • Loans Up To $1 Million (Minimum $75,000)
  • Seller Concessions To 2%


Foreign National

  • Up To 75% LTV (Purchase OR Refinance)
  • No US Credit Required
  • Fewer Country Restrictions
  • DTI Up To 50% Considered
  • 5/1 ARM Or 30 Year Fixed
  • Minimum Loan Amount Down To $75,000
  • 12 Months Reserved Required
  • Non-Warrantable Condos Considered
  • SFRs, Townhomes, Condos, 2-4 Units
  • Loans Up To $750,000 (Higher Amounts Case By Case)
  • No SSN Or ITIN Required
  • Reserves Can Remain In Foreign Account


Please contact us for more information on investment loan products that are available. You also may call 210-816-4280.

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Start Here To Invest in San Antonio Real Estate Today!

If you found our San Antonio real estate investing website, you probably are thinking about investing in real estate. Investing in under market value San Antonio properties can help you reach financial independence, and I can help.

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A recent rehab that I did.

If you are thinking about investing in under market value properties, here is how the investing process goes:

Get Cash to Invest

  • The real estate investor, as of 2016, needs approximately $40,000 to $65,000 to invest in a first San Antonio real estate property. If you have more cash available than that, I recommend buying several properties at once so that you can build your portfolio faster.
  • The money can come from cash savings of course, or, a good second option is a line of credit on your personal residence. If you can get a 3-5% interest rate on the money, you can invest it into cash flowing real estate that earns at least 10% interest.
  • If you do not have this much cash to invest, you need to find a private source of capital that will loan you money at a reasonable rate. Or, we can help you to find investment property loans. 
  • If you borrowed the cash out of your home to invest, we will get your first property done and producing cash flow for year. Then you can pull cash out of your investment property and pay off your loan on your personal home.
  • Then you can pull the cash out of your home again and we can start the process again with another property.
  • Note – I prefer to invest in cash, but on some of our properties, you can do 20% down and get a mortgage. In that case, I look for at least $200 to $300 per month in cash flow after all expenses. I can recommend lenders for investment property financing, if you need it. 

Investing the Money

  • I mostly recommend buying and holding San Antonio  investment properties for cash flow. If you want to flip, I’m not doing many of those deals right now given the tight margins.
  • When you have capital to invest, I recommend purchasing an under market value property in the $40,000 to $65,000 wholesale range. I have properties on this site that I have scouted out personally and have judged to be in areas that will produce good cash flow for the investor.
  • You buy the property in cash, and title goes to you or your business entity.

Rehab Begins

  • I present you with a bid that lists all of the repairs that need to be completed. Right now, I usually recommend $5-10k in repairs and then owner financing the property instead of renting.
  • 50% of the repair bill is paid up front, and 50% upon completion.
  • I give you regular updates, with photos, as work is done.

Property Is Rented or Sold 

  • Once the rehab is completed, my team will work to get the home rented or sold. Homes are listed in MLS.
  • You can either rent the home out and my team will manage it for you. Or you can owner finance the home, usually with these terms – $5000 down, 10% interest, $595-$999 per month depending on property.
  • Expect an ROI after expenses of 10% or more. I am seeing 15-16% ROI on some houses as of Jan. 2017. However, have reasonable expectations on each property. I have done very well over 15 years by making 10%-12% on my San Antonio investment properties.

And that is how investing on your first property or properties in San Antonio goes! Here is a good one to get you started:

  • Address: 1319 S Hamilton St., San Antonio, TX 78207
  • Year Built: 1956
  • Description: San Antonio buy and hold investors and real estate investors  – Another Major cash flow opportunity, 30% instant equity under market value, almost cute cottage, needs minor help, booming San Antonio Market West of Downtown,  2 beds, 1 bath, 616 sqft, lot size: .05 acres, estimated repairs: 5K, clean/lawn maintenance/interior paint/front paint. Max After Repair Value: 69K
  • Cash Price on San Antonio Fixer Upper:  $42,000 CASH ONLY
  • Exit Strategy: Owner Finance with 5k in repairs: 5Kdown payment, $695.00 monthly PI/TI, 30 year amortization, 10% interest, Sales Price: 69K, see attached sold/rental comparables.
  • Sold and Rental Comps: Sold Comps 1301 S Hamiltonrental comps 1301 s hamilton
  • For more information, please contact us.