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Updated about 2 years ago on . Most recent reply

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Trevor Candice
1
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5
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New San Antonio Investor/owner occupant

Trevor Candice
Posted

Hello,

I'm a new investor trying to get started in San Antonio. I'm looking for strategies that will cash flow in this market and coming up short other than doing an STR. Since i'm going to be living in it as an owner occupied loan, do people have any suggestions on property types i should target. It seems that a small multi would be better but i'm struggling to assess what a true multi in this area is. There are casitas but it seems a lot of those aren't actually permitted and allowed as ADUs. Any suggestions. (High credit score. Make above the medianm SA income, healthy down payment amount saved)

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Justin Hammerle
  • Realtor
  • Providence, RI
262
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404
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Justin Hammerle
  • Realtor
  • Providence, RI
Replied

@Trevor Candice - what I'd like to think is the most commonly thought of multifamily on this platform is an attached multifamily home; meaning multiple dwelling units within the same structure.  A 2-4 unit MFH would be a great target assuming you are occupying one of the units.  Anything in addition to 4-units you would be forced to seek out commercial financing.

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