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All Forum Posts by: Loren Polito

Loren Polito has started 0 posts and replied 93 times.

Post: First time buyer, using VA Loan

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

@Rachael Lyn

Have you thought about purchasing a multifamily property, up to 4 units and living in one unit and renting the others out? It's a great way to utilize a VA loan, especially if you are purchasing your first property.

Post: San Antonio RE Investing

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

@Nitzan Bishri

Hi Nitzan,

What kind of properties are you guys looking for? Single family, multifamily, STR's? If you are looking for multifamily I can send you a list of good neighborhoods to check out while you are out here. Are you guys looking for more projects or turnkey properties? Please let me know if you have any questions while you are out here. Thanks and good luck.

Post: Looking for a an investor friendly agent - Focus on small multi-family (2-4 units)

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

Hi Hagai,

We focus on the smaller multifamily market here in San Antonio and the surrounding areas.  Please let me know if I can be of any assistance or answer any questions you may have.  We work closely with a great PM and contractors as well if you need any help on that side as well. Thanks, and good luck.

Post: Texas Investment LTR

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81
Quote from @Cynthia Garcia:
Quote from @Jevon Shaw:

$200-$300 in monthly cashflow for an almost-turnkey investment with 25% down will limit your options pretty severely. Not impossible to find, but you'll be looking for a while. Do you know what metroplex in Texas you'll be looking in? 


 I'm primarily looking around the Dallas-Fort Worth Metropolitan Area. I'm also looking at other areas within TX where the numbers may make more sense. 

 Hi @Cynthia Garcia,

If you any interest in multifamily in the San Antonio area please reach out if you need any guidance with properties, neighborhoods , property management, and lenders. 90% of our clients are out of state so we try and make everything as easy as possible. I started out investing here in San Antonio while I was living in California so please let me know if you have any questions on out of state investing as well. Thanks and good luck!

Post: San Antonio market

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

@Joe Benson We focus on the smaller multifamily side here in San Antonio and the surrounding areas.  Please let me know if you have questions on certain areas or neighborhoods.  I think the San Antonio market still has a lot of room for growth so if you are looking for an appreciation play I think San Antonio could be a good market for that.

Post: San Antonio, Salt Lake City, & Raleigh Creative Financing

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

Hi @Tyler Watson, if you are looking in San Antonio, I know of a few properties that the seller is offering seller financing on if that's something you are interested in.

Post: Looking for a RE Broker in TX

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81
Quote from @David Torres:

Hello to all are taking the time to read my post.

I am actually investing in San Antonio and the agent I was working with is having tons of issues and I do not want to affect me.

Actually I am looking to buy and to flip or keeping the property for cash flow and It could be SFH, MF or Towmhouses if you have anything off market or are you willing to work with me , let's chat

Hi David,

We work strictly on multifamily/investment properties in San Antonio and the surrounding areas. If you have any questions or need any assistance please feel free to reach out.

Post: Branching out into San Antonio, TX

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

@Adrian Mahdian

Hi Adrian, I have a great PM company that we work very closely with and refer our clients to. He manages all my multifamily properties as well. If you are still looking for properties to BRRRR, there are a few right now that look pretty decent and are in great areas.

Post: San Antonio Investor Roll Call!!!

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

@Jerod McCarrell

Hi Jerod,

Welcome to BiggerPockets! I invest in San Antonio and am a multifamily agent here as well. My family and I live in the Boerne area.

Post: New Construction Fourplex Deal Analyzation

Loren PolitoPosted
  • Real Estate Agent
  • San Antonio, TX
  • Posts 109
  • Votes 81

@Andrew Gomez

Hi Andrew,

I know these brand new four plexes look appealing because they are turn key and ready to go but to me the numbers just don’t make much sense and I’m not sure there will be a ton of appreciation at that price in the Windcrest area. It’s not a terrible area but I think there are better area of San Antonio to invest in. I think you are better off steering away from the new builds and looking for something in a better area for the same price or most likely less with better cash flow and even more units. I closed on a 4 plex in South town last month, purchase price was $850K and rents are over $8000 a month and the property was fully rehabbed and turn key outside of me having to do a driveway and some landscaping. Unless you are putting a large chunk down I don’t think you will cash flow on that property for quite sometime. Sorry and I’m not trying to be negative on the property but I think there are better properties and areas in the $800-900K range.