Updated over 7 years ago on . Most recent reply
3/2 New Construction - Cash flow - San Antonio
Excellent buy and hold property becoming available (off market).
New construction is positioned in area of San Antonio that has low vacancies. House will qualify for housing vouchers (sec. 8) and the advantages of that program.
Tenant will be guaranteed for first year. Also, if interested, potential access to 1st year loan at 70% LTV - no credit check, no appraisal, no income tax returns. 1st year maintenance/repairs included (home warranty applies).
More of these new construction, buy and hold properties to be available as well. If adding multiples to your portfolio, ask about property management volume discount.
Unlevered monthly cash flows at ~$800+/mo.; leveraged cash flows ~$350+/mo.