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All Forum Posts by: Jason SanMartin

Jason SanMartin has started 11 posts and replied 19 times.

Post: Getting back into BP

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

I've been on here a few yrs here and there. Followed a lot of the advice given and achieved 3 properties doing so. Turns out I don't want to run rentals - just not my thing. Butttt, I've always had a desire for commercial properties (as an owner). I'm new to San Antonio coming from VA and have some major plans to build- but being new I have nowhere to start or at least network. Anyone in San Antonio still do network meetups?

Post: What groups can I connect with?

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

Hello all, New to San Antonio, not new to real estate investing. Are there any groups doing commercial property syndication here?

Post: Wrap Mortgage Inquiry

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

I’ve been approached about a creative financing option (Wrap Mortgage). I’m the seller of the property. I’ve dug into a little research but most explanations come from buyers end and not the sellers. Is this beneficial as the seller? 

I'm also wondering if there may be potential for a due on sale clause if flagged, the home was purchased under VA Loan and has a very low interest rate. Not sure I want to share my mortgage info either. Looking for insight from you amazing pros. Thanks

Post: Syndication / CREI

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

Hello all,

It's been a long time since posting as I've been undergoing the learning phases of being a landlord for a few years with a recently sold MF investment property I owned in Norfolk, VA. I'm looking to leverage those proceeds into a bigger scale investment with CRE. I'm considering out of state this time and/or local and am just curious as to who may be out there looking for an integrity partner in their next deal? Definitely in a position to learn the CRE side of things and see how we could build a positive and lasting partnership/friendship.

Post: VA Loan purchase and wholesaling

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

@Nathan G. Thank you

Post: VA Loan purchase and wholesaling

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

Question for the forum: Is it possible to use a VA Loan to buy a wholesale property and fox and flip later to rent out?

Post: Newbie Question - Real Estate Inquiry

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

Makes perfect sense. Appreciate the wisdom there.

Post: Newbie Question - Real Estate Inquiry

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

If a home is listed with a real estate agent, does that necessarily mean it can't be wholesaled? Can you still reach out to the owner and potentially wholesale it or would they be looking for market value only? Even though its listed can you still put it under contract?

Post: Which documents are being sent to the title company?

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

Trying to get this right. You and seller sign agreement, you and buyer sign EDM and purchase agreement, then sent to title company all together?

Post: Will Volunteer Services/Time To Learn

Jason SanMartinPosted
  • Investor
  • Hampton, VA
  • Posts 22
  • Votes 7

@Patti Robertson

Thank you for the information.

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