All
Members
Companies
Blog
Forums
Podcast
Webinars
    User Log in  /  Sign up
  • Start here
  • Education
    Forums

    Learn from and contribute to 660K+ real estate discussions

    BiggerPockets Podcast

    Listen to weekly interviews with investors & entrepreneurs

    BiggerPockets Blog

    Delve into 8,800+ articles by experienced investors

    Member Blogs

    Read original articles by BiggerPockets members

    Guides

    Master the ins and outs of fundamental real estate topics

    The Money Show

    Listen to weekly interviews that will help get your financial house in order

    Webinars

    Sign up for this week's free webinars hosted by experienced investors or view previously-held webinar recordings in the Archives

    Videos

    Browse our library of real estate related video content

    Free Course

    Experience The Financial Independence Blueprint video series - a free four-part video series

    Topics
    Property Management Property Types Finance Strategy Finding Deals Business Operations
  • Network
    Members

    Search over 1,270,000 members across BiggerPockets

    Companies

    Explore over 31,000 real estate-related companies

    Real Estate Agents

    Find an investor-friendly agent near you

    Hard Money Lenders

    Pinpoint lenders near you with our nationwide database

    Events

    Find upcoming real estate events and meetups near you

    Jobs

    Browse real estate job opportunities in your area

  • Tools

    Calculators

    • Fix and Flip
    • Rental Property
    • BRRRR
    • Rehab Estimator
    • Wholesaling
    • Mortgage Payment
    • 70% Rule
    • Airbnb Calculator

    Services

    Find a Contractor Get a Mortgage Loan Tenant Screening External Link

    Additional Tools

    FilePlace

    Download presentations, spreadsheets, contracts & more

    REI Resources

    Dig into thousands of curated real estate tools & resources

    Calculators
  • Marketplace
    Properties For Sale

    Buy and sell real estate deals or seek out partners, financing, etc.

    Find Foreclosures External Link

    Search this comprehensive database of nationwide foreclosures

    Ads, Jobs, and Other

    Advertise your real estate business, deals, financing & more

  • Bookstore

    Featured Book

    Recession-Proof Real Estate Investing book cover

    Recession-Proof Real Estate Investing

    This easy-to-follow guide will show you how to make money during all of the market’s twists and turns! Accomplished investor J Scott dives into the theory of economic cycles and the real-world strategies for harnessing them to your advantage.

    Get the book now

    Real Estate Books

    • Flipping and Estimating Bundle
    • How to Invest in Real Estate
    • How to Sell Your Home
    • See All Books
    Real Estate Books

    Shop books covering real estate investing and personal finance.

    Lease Agreement Package New

    Don't spend $1,000 on a lawyer!

    Real Estate Forms

    Lease Agreement Package New

    Don't spend $1,000 on a lawyer!

  • Plans
Log In Sign up
User
Quick search links
Podcast Hard Money Lenders Books Washington
ForumsArrowSan Antonio Real Estate ForumArrowVA Loan For Multi-Family in San Antonio
  • Newest Posts Arrow Down Light
    • Newest Posts
    • Unanswered Discussions
  • Trending Arrow Down Light
    • Top Discussions
    • Trending Discussions
  • Local Real Estate Arrow Down Light
    • Local Real Estate Forums

      Real Estate Forums near you

      • Maryland Real Estate Q&A Discussion Forum 2.6K Posts 389 Discussions
      • Norfolk Real Estate Forum 350 Posts 35 Discussions
      • New York City Real Estate Forum 1.3K Posts 192 Discussions
      • Norwalk Real Estate Forum 7 Posts -1 Discussions

      View all Local Real Estate forums

    • General Info
      • BiggerPockets Exclusive PRO Area 16K Posts 3.0K Discussions
      • Real Estate Not-So-Successful Stories 523 Posts 41 Discussions
      • BiggerPockets Summer Reading List 92 Posts 14 Discussions
      • New Member Introductions 489K Posts 56K Discussions
      • Real Estate Quizzes 696 Posts 21 Discussions
      • BiggerPockets Money Podcast 675 Posts 50 Discussions
      • FAQ Forum 132 Posts 9 Discussions
      • BiggerPockets Webinar Discussion Forum 459 Posts 15 Discussions
      • Real Estate Success Stories 77K Posts 3.7K Discussions
      • Questions About BiggerPockets and Official Site Announcements 42K Posts 4.1K Discussions
    • General Real Estate
      • Buying & Selling Real Estate Discussion 424K Posts 58K Discussions
      • Renters Discussion 44K Posts 5.1K Discussions
      • Construction & Remodeling Diaries 6.1K Posts 1.0K Discussions
      • Do it Yourself 32K Posts 3.5K Discussions
      • Military Investing 5.4K Posts 532 Discussions
      • Get Foreclosure Help - Stop Foreclosure Forum 6.6K Posts 910 Discussions
      • Home Owner Association (HOA) Issues & Problems Forum 6.2K Posts 910 Discussions
      • Completed Deal Diaries 5.8K Posts 2.0K Discussions
      • Investor Deal Diaries 17K Posts 862 Discussions
    • Reviews & Feedback
      • Real Estate Deal Analysis and Advice 131K Posts 19K Discussions
      • Ask About A Real Estate Company 24K Posts 2.7K Discussions
      • Real Estate Guru, Book & Course Reviews and Discussions 28K Posts 2.9K Discussions
    • Investor Basics
      • Real Estate Investor Marketing Help & Advice 46K Posts 6.5K Discussions
      • General Real Estate Investing 145K Posts 19K Discussions
      • Starting Out 291K Posts 42K Discussions
      • Investor Psychology 21K Posts 1.6K Discussions
    • Landlord & Tenant Forums
      • Landlord Forums & Rental Property Questions 359K Posts 39K Discussions
      • Mobile Homes & Mobile Home Park Investing 19K Posts 2.3K Discussions
    • Foreclosures
      • HUD, VA, and Tax Sales 10K Posts 1.5K Discussions
      • General Foreclosure & Pre-Foreclosure Forums 33K Posts 5.2K Discussions
      • REOs 17K Posts 2.2K Discussions
      • Short Sales Questions 17K Posts 2.1K Discussions
    • Real Estate Strategies
      • Rent to Own a.k.a. Lease Purchase, Lease Options 15K Posts 2.3K Discussions
      • Tax Liens, Notes, Paper, & Cash Flows Discussion 34K Posts 3.9K Discussions
      • Real Estate Development & New Home Construction 19K Posts 2.6K Discussions
      • Innovative Strategies 27K Posts 3.4K Discussions
      • Short-Term and Vacation Rental Discussion 22K Posts 2.0K Discussions
      • Real Estate Wholesaling Questions & Answers 137K Posts 18K Discussions
      • Rehabbing and House Flipping 110K Posts 13K Discussions
      • 1031 Exchanges 8.7K Posts 1.4K Discussions
    • Commercial Real Estate
      • Commercial Real Estate Investing Forum 36K Posts 4.8K Discussions
      • Multi-Family and Apartment Investing Forums 97K Posts 10K Discussions
    • Business Basics
      • Goals, Business Plans & Entities 26K Posts 3.5K Discussions
    • Real Estate Technology and the Internet
      • Real Estate Technology, Social Media & Blogging 16K Posts 2.3K Discussions
    • Loans, Mortgages, Credit Lines
      • Private Lending & Conventional Mortgage Advice 105K Posts 14K Discussions
      • Creative Real Estate Financing Forum 50K Posts 7.5K Discussions
      • Real Estate Crowdfunding Forums 5.6K Posts 384 Discussions
    • Financial, Tax, and Legal
      • Property Insurance Questions & Discussions 11K Posts 1.8K Discussions
      • Tax, Legal Issues, Contracts, Self-Directed IRA 100K Posts 15K Discussions
      • Personal Finance Forum 18K Posts 2.0K Discussions
    • Real Estate Professionals
      • Contractors 18K Posts 3.7K Discussions
      • Real Estate Agent Forums 47K Posts 7.1K Discussions
      • Bankers, Lenders, and Mortgage Brokers 12K Posts 1.9K Discussions
    • Real Estate Marketplace
      • Marketplace 227K Posts 88K Discussions
      • Real Estate Events and Happenings 57K Posts 12K Discussions
    • Off Topic
      • BiggerPockets Real Estate Investing Summit 2.0K Posts 107 Discussions
      • Off-Topic 43K Posts 5.3K Discussions
      • Housing News & Real Estate Market Discussions 15K Posts 1.8K Discussions
Start a Discussion

VA Loan For Multi-Family in San Antonio

8 Replies

  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
Rotate Log in or sign up to reply
  • 1
Marco R.
  • 5 posts
  • 1 votes

Marco R.
from San Antonio, Texas

posted 11 months ago

Hello,

I'm working on getting started in real estate investing by using my VA loan to buy a multi-family or single family property for rental income. My home town of NYC is an investing disaster in my price range so I am looking at San Antonio. I really like the price-to-rent ratio here and, more importantly, I will be living and working in SA and can easily make time to manage the process.

I would love to connect with anyone who has experience using a VA loan for duplex, triplex, etc. properties in the area. I'd be grateful for feedback on investing in the various neighborhoods, as well. Lastly, I'm new in town and always up to networking and building friendships with people who are ambitious and have a vision. :)

All best,

Marco

Michael Guzik
  • 459 posts
  • 298 votes

Michael Guzik
from San Antonio, Texas

replied 11 months ago

@Marco R. Sounds great man I'm glad to hear you are looking into REI! You will find SA is much more affordable than NYC lol. However I would suggest really taking the time to drive around town and get to know the neighborhoods. You really need to understand the market, prices, path of progress etc or I fear you may pay too much for a property. Don't get so excited to get a deal that you ignore the numbers and red flags that show up! Go to real estate meet ups that aren't huge pitch fests where you have to pay to attend. You will meet people there and just tell them what you are after and ask them about the market and their experience. The plex's here in San Antonio are usually in the rougher parts of town, but you can find some decent ones in solid C class areas. Go through the bigger pockets page and search all the people with profiles on here from San Antonio and reach out to them and ask them if you can take them to lunch, or for their advice on what to do. I wish you the best of luck brother and I'm always here if you have any questions or need help.

Marco R.
  • 5 posts
  • 1 votes

Marco R.
from San Antonio, Texas

replied 11 months ago

@Michael Guzik Thanks a ton for the advice! I will do that.  I actually enjoy exploring neighborhoods, plus it's a good way to get to know the town.  I'll be sure to reach out. 

Matt Humps
  • 12 posts
  • 3 votes

Matt Humps
Rental Property Investor from Tampa, FL

replied 11 months ago

And keep an eye on property taxes in SA. They can run pretty high relative to other states/cities. Example SFH I own is worth ~$345k and property taxes run $8500/yr. Here in Florida, own a home worth $600k and property taxes are $7.5k/yr.

Tan Le
  • 1 posts
  • 0 votes

Tan Le
from San Antonio, Texas

replied 11 months ago

Hi Marco,

I'm in the exact same shoe with starting out in real estate and is interested in using the VA loan for a multi family property. I'm just been listening to the podcast and doing all the research I can before putting my foot in the water. PM me and I would love to connect and we can exchange some knowledge.

-Tan

Marco R.
  • 5 posts
  • 1 votes

Marco R.
from San Antonio, Texas

replied 11 months ago
Originally posted by @Matt Humps :

And keep an eye on property taxes in SA. They can run pretty high relative to other states/cities. Example SFH I own is worth ~$345k and property taxes run $8500/yr. Here in Florida, own a home worth $600k and property taxes are $7.5k/yr.

 Thank you, Matt.  Good call.  I will pay attention to that.

Marco R.
  • 5 posts
  • 1 votes

Marco R.
from San Antonio, Texas

replied 11 months ago
Originally posted by @Tan Le :

Hi Marco,

I'm in the exact same shoe with starting out in real estate and is interested in using the VA loan for a multi family property. I'm just been listening to the podcast and doing all the research I can before putting my foot in the water. PM me and I would love to connect and we can exchange some knowledge.

-Tan

 Definitely.  All about joining forces.  Thanks for reaching out.

Ola Dantis
  • 628 posts
  • 433 votes

Ola Dantis
from Baltimore, Maryland

replied 11 months ago

@Marco R. I like SA, and I visited a couple of times. 

I think you should push for a fourplex, and yes, I know it might sound a little big for a first deal, but I know you'll do just fine. 

Great market to invest in. Goodluck. Thanks! - Ola 

Marco R.
  • 5 posts
  • 1 votes

Marco R.
from San Antonio, Texas

replied 11 months ago

Thank you Ola for the encouragement. I don’t want to over-leverage but if there’s a fourplex out there whose numbers make sense I’ll go for it. Is that how you started?

  • 1

Top Contributors

Nathan Cron
Nathan Cron
Austin, TX
6.43
Score
Lluis Bacardi
Lluis Bacardi
Austin, TX
4.48
Score
Ernest Fernandez
Ernest Fernandez
San Antonio, TX
4.48
Score
Nicholas Seaver
Nicholas Seaver
4.24
Score
Justin Kane
Justin Kane
San Antonio, TX
3.19
Score

Trending Discussions

  • YOUR biggest hurdle to buying an APARTMENT COMPLEX in 2019 is...
    54 Replies
  • LLC - Must have or nice to have?
    87 Replies
  • Convincing tenants to use electronica payment
    39 Replies
  • $15/Hour Illinois minimum wage
    44 Replies
  • California to make "Solar "mandatory for new Homes!!!!!!
    204 Replies
Close Thin

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here

Already have an account? Click here to log in

Log in Sign up

Log in

Forgot password?

If you signed up for BiggerPockets via Facebook, you can log in with just one click!

Log in with Facebook

Let's get started

We just need a few details to get you set up and ready to go!

Use your real name

Use at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.

Why create an account?

Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.

Connect with 1,000,000+ real estate investors!

Find local real estate meetups and events in your area.

Start analyzing real estate properties, we do the math for you.

It's free!

Explore

  • Membership
  • Community
  • Education
  • Marketplace
  • Tools
  • Perks
  • iOS App
  • Android App

Company

  • About Us
  • Press
  • Advertising
  • Careers
  • Stats
  • Contact Us

Important

  • Terms of Use
  • Rules
  • Privacy
  • FAQ

Social

  • Facebook
  • Twitter
  • Google+
  • YouTube
  • Instagram
© 2004-2019 BiggerPockets, LLC. All Rights Reserved.