San Antonio Texas foreclosures, HUD's Handyman specials, fixer-uppers for investors
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The Money making opportunity

Build wealth in real estate is  the objective,  buying  cheap house, fix  and put back in the market as quick possible.  but there are some considerations and rules to follow to  investment in real estate.
If the prospect buyers for your house need financing trough the bank (most buyers need it) the banks ask for several conditions to investors to avoid one conditions that banks call "Flipping"

  • The investor need to own the house for a minimum of 3 months and some times more
  • Investor need to justify the markup on the price of the house showing the improvements and how much money he put on the house
  • House need to be livable, in other words must be ready to be occupied with flooring, no broken windows, no broken walls, and in general must be in good shape.
  • House can be sold at no more of the bank appraisal value. Consult your (Realtor expert)
What investor can do to sell the house at the next day?
Investor that want to sell the house quick here is one solution. Seller financing. This option give the next benefits:
  • you recover the 10% of the property price upfront
  • The interest rate is attractive for investors (10% to 12%)
  • Price is no subject to appraisal value
  • You can sell the house in any conditions
  • you can sell the same day you bought the house
  • Buyer don't need to qualify
  • You can close in 1 week or les
  • Closing cost are low (for buyer and seller)
  • You can create a balloon note and estipulate the time you are willing to keep the note, and then buyer need to get the money and pay the remaining balance in full (refinance in x number of years with a bank)
Sellers finance is a good option and is relative safe for the investor, if buyer don't pay, is easy to foreclosure the property. You have double earnings, the added value and the interest (no any bank investment pay more). The only risk you could have is if you need to foreclosure  the house (buyers stop paying) and the buyer can try to damage the property in revenge, but you keep the down payment and possible improvement that the buyer made to the property. 
 
 
 
 
 
 
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Leveling in real estate
You can use borrow money to make money in real estate, apply and discover the available sources of money for home  investors and commercial real estate investors, is easy and is free
Learn the real estate investment business
Every investor want return on his investment, real estate in San Antonio Texas offer this opportunity but before start hunting bargains homes, you need to learn about the San Antonio real estate market.
Location Location Location:
The best location get better  prospect buyers, but require more investment, modest homes located in popular neighborhoods can require a low investment ($25k to $45k) but sometimes are more difficult to get qualify buyers and many times the investor need to offer owner financing to sell the house. The basic rule is avoid areas with high crime activity, gangs empty lots abandon houses, abandon junk cars houses located in this areas will be very difficult to sell and are in high risk to be vandalized.
The ugly house in the neighborhood
The wise investor is able to recognize the value of the surroundings  homes. Ugly homes in good areas give you the opportunity to create a new fresh look (adding value) that attract the attention of the same neighbors and maybe the offer come from their same friends or relatives.
Be carefully with the costs.
Some inexperienced  new investors tend to over-fix the homes, many times they put too much money in a low price neighborhood and at the end to claim profits they need to overprice the house and this brake the rules or the bank appraisal that put a limit to the prices. Your expert Realtor® can help you to determinate the home maximum value to help you to limit the fixing budget.
The cost of fixing.
Is one of the more important factors at time to buy  homes, is find the estimate cost of repairs. Sometimes you will find homes that only need cosmetic repairs (investors dream)  like walls, doors, flooring, paint, yard and sometimes is a lot of hidden problems (pluming, structural damage, roof, electric systems) be aware of this last problems, use a trusty handyman to help you to analyze the repairs and get an estimate to determinate if that house is profitable.
Beat your competition.
You are no the only investor in San Antonio, there are hundred of investor looking for the best fixer-uppers, the only way to beat other investors is having a good team at your side. A good handyman and a skilled  Realtor
® able to recognize the hot deal in real estate, experienced in San Antonio's neighborhoods with the ultimate technology to beat the other investors. This is our job. years of professional real estate  experience in the San Antonio market and in the buyers market make the difference, bilingual with excellent skill communications. Try today our state-of-the-art ConnectMLS and be the first to get all the new hot deals coming to the San Antonio Texas real estate market before other investors get out of the bed. Just drop your information on the top of this page and start looking homes in your own pace. Call us for further information (210) 737-1220     
 

     

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Investment  properties in San Antonio Texas
√ HUD homes
HUD homes are intended to first help first time buyers to get an affordable housing, but many times the house is no appropriate for first time buyers because need repairs and in that case the house is make available for investors. To get further information in getting HUD homes call us any time, we have recognized experience that make us the best in HUD homes business to help you to win the bids.  To start hunting HUD Homes fill a free account to have access to our MLS scan system. Is Free, is easy
√√ Foreclosures
We have all the bank foreclosures available in San Antonio Texas, our automated system, scan the San Antonio's MLS  every day and keep you informed about any new foreclosure coming to San Antonio. Beat other investors with our aggressive technology. Fill for your personal account and get access to our ConnectMLS system 
 √√√  Handyman specials (fixer-uppers)
We have available all the fixer-uppers in San Antonio Texas and Bexar county, just fill your information to activate your free account and our automated system scan the San Antonio MLS looking for fixer-uppers and notify you every time a new investor home come to the market. Sign for your free  account...
The Unknown facts about HUD Homes
For the protection of the buyers, HUD make an inspection in every home before put  on the market, to inform buyers about the potential problems  on the property. This report is available in every home, you can get it before to place the bid and realize how much repair need.

HUD make a termite inspection  and  treatment for termites  but HUD do not make any repair for the damage make for the termites. Investor  need to make their own inspections to be sure about the property conditions and how much need for  fix the house. HUD also make an estimate about the necessary repairs an is available to the public. 
 
Investor looking to buy a HUD home, need to show pre-qualification letter from an accredit lender or proof of cash. Call us to get further information (210) 737-1220
Foreclosures in San Antonio Texas
Foreclosures are sold "As Is" no reports or inspections are available, Foreclosures are for experienced  investors  that can detect possible damages and determinate the repair cost.
Fixer-uppers
Are only for investor paying cash or hard money line of credit. To buy fixer-uppers you need to count with an experienced and honest handyman to help you 
Brand new homes
The best option for first time buyers, offer a great level of protection, 10 years warranty on foundation and mayor structures, 2 years warranty on pluming an electric systems, and most of the cases 5 years warranty on the A/C. The new homes now come with the energy saving features (green homes) . Ask for the inventory homes that are perfect for first time buyers because offer many incentives that stimulate the home ownership and is more easy to qualify for the first time buyer. Call (210)737-1220 for further information
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