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All Forum Posts by: Steven Wesolowski

Steven Wesolowski has started 108 posts and replied 158 times.

Post: Active duty and looking into rental investing

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

David, welcome to BP! Looking forward to reconnecting with you soon. 

-Steve

Post: VA LOAN to LLC or not?

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

Drop everything and read this: https://veteran.com/va-loan-llc/

Only Veterans, not business entities, can assume a VA loan. You can transfer Property Title to the LLC, shielding your personal assets from liability directly related to the property. However, the LLC will not be liable for VA loan mortgage payments.

Also remember, any given loan provider DOESN'T CARE about your asset protection, the loan provider only cares about protecting its interest on the payments due.

Essentially, a refinance will allow ownership and loan program conversions.

Loan transfer restrictions on VA loans do exist, so tread lightly. From the same article:

"When you closed your VA loan, you may have signed a VA Guaranteed Loan and Assumption Policy Rider. This document outlines specific loan terms, including a clause about transferring the underlying property: 'This loan may become immediately due and payable upon transfer of the property securing such a loan to any transferee.' "

Post: Looking to network

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

@Sam Sanchez welcome to Bigger Pockets! I am local in San Antonio. This platform has been nothing but a wealth of knowledge necessary to get you the wealth creation you deserve. Happy to connect with you and learn more about your situation!

Post: Where do I start?

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

The secret of getting ahead, is getting started.

It is vital you connect with a realtor anywhere in the United States, who will take the time to understand your desired type of property and areas of the market you have been looking in.

Learn about the good, bad, and ugly about distressed properties, whether due to condition or title. 

Go talk to people. Network and connect with a realtor, trusted general contractor, mortgage officer, private money lender, banker, and attorney.

Post: AVAILABLE - 5 bed / 5 bath / 4,644 sqft / San Antonio 78204

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

San Antonio, TX 78204

5 bed / 5 bath / Built in 1928 / 4,644 Sqft

Rare off-market mixed used property in the heart of Lone Star. This beautiful corner lot building will work for your multiple investment strategies. The bottom level was previously configured as a retail space. The 4 units upstairs are great long term or short term rentals. You can't beat this location because of the proximity to everything in the Southtown and downtown area of San Antonio. Please note the appraisal that was done last year. You're looking at a potential resale value of $1,750,000 after repairs. There is plenty of room to add value. Buy this property today, and have yourself a prime piece of real estate ready to go for spring/summer 2024! Sold on a first come, first serve basis.

All investors who need to expand, the time is now. Message or call me at 832-266-3656. 

If you are an investor looking in San Antonio, allow me the opportunity to be your point of contact for great off-market deals. My team currently has 22 off-market properties here in San Antonio this Holiday Season! 832-266-3656, look forward to hearing from you and help anyway I can!

Steven Wesolowski, TX LIC #813897, New Western Marketplace

Post: Available - 12bed / 8bath / 5,520sqf / prime value add / near Lackland Air Force Base

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

Off-market 8 units near Lackland Air Force Base. All units are separately metered for electricity. All have central Air Conditioning. 4 units are currently occupied, and 4 are vacant. This will give the investors great value add, especially ready-repairs completed and when rents are raised. The on-site laundry facility can be an extra form of income alone as well. Selling $125,000 below tax value.

Project analysis reports in the area based on sqft and valued location demonstrate rents are ranging from $850 - $1050 per month. A remarkable opportunity for this multifamily complex.

All investors who need to expand, the time is now. You are welcome to message me for more details, and for serious inquiries, call me at 832-266-3656 anytime, Steven Wesolowski, TX LIC #813897, New Western Marketplace

Post: Available - "This Old House" Alta Vista / Midtown, San Antonio, TX! 5 / 4 / 3,136sf

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

San Antonio, TX 78212

****We are selling this $50,000 under listed through New Western's Marketplace**** As-is, ready for investors today! Call me at 832-266-3656, Steve Wesolowski, TX LIC #813897

Discover a prime investment in quaint Alta Vista with this classic 3-unit property. Just minutes around Midtown to Brackenridge Golf Course, San Antonio Zoo, and Pearl District.

Metal roof, high ceilings, expansive windows, and heart pine floors define the split-level duplex, offering spacious two-bedroom apartments with decorative fireplaces. Recent upgrades to the electrical system and foundation enhance the property's value and functionality. A detached 1-bedroom loft apartment adds versatility. Ideal for long-term holding or strategic value-add, seize the opportunity for lasting returns. Embrace the potential of this property in a sought-after location, combining charm and timeless upgrades for a promising investment in San Antonio, Texas.

Repairs: We are including bid report on foundation repair: all that is required are shims and two piers reinforcement to fix settling from previous foundation work at only $4900!

Project analysis reports in the area based on sqft and value demonstrate rents are ranging from $1400 - $1600 per month, and recently renovated and sold similar to this sqft are ranging from $580,000 to $700,000. A remarkable opportunity for this 3-unit property.

All investors, you are welcome to message me for more details, and for serious inquiries, call me at 832-266-3656 anytime, Steven Wesolowski, TX LIC #813897, New Western Marketplace

Post: AVAILABLE - Needs your help - Cash Offers only: 3 bed / 2 bath / TX 78222 / $250 ARV

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

Season's Greetings.

For the experienced investor or team of investors who can revive burned down homes. Cash-buyers call me 832-266-3656 immediately.

Off-market 3 bed / 2 bath / Built 1975 / 1,488 sqft

San Antonio, Texas 78222, Lakside Subdivision

Recently RENOVATED and SOLD in same Lakeside Subdivision have demonstrated $250,000 ARV.

Rentals are of these same style homes are going for $1495 - $1600 per month.

Firm, As-Is, First Come First Serve. Message me or give me a call for cash price and project analysis packet today, thank you.

Steve Wesolowski, TX LIC: #813897, San Antonio, TX, (832) 266-3656

Post: AVAILABLE: 786 +/- Acres in Duval County, Freer, Texas 78357

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

786+/- Acres Off Market, Big Game Ranch out in Duval County, Freer, Texas 78357. Rare opportunity in our end-of-the-year off-market inventory and ready for investors looking to buy land before the New Year. $4200 per acre.
Call me 832-266-3656, TX LIC: 813897, Profit Analysis Packet included.

Post: Available - Off-market House < Monticello Park of San Antonio: 3 / 2 / 2,655 sqft

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 160
  • Votes 31

OFF-MARKET, AS-IS, HOME in Monticello Park of San Antonio, Texas 78201
3 bed / 2 bath / built 1948 / detached 2-car garage / Living Area: 2,655 sqft

Great opportunity to reside in Monticello Park! While the home requires some renovation, it is far from being in disrepair; stunning hardwood floor is unveiled. The dining room features an antique chandelier. Although the kitchen is generously sized, it will benefit from remodeling. Spacious bedrooms and ample storage space. Central air conditioning was installed only a few years ago, and the electric system was recently upgraded to accommodate this improvement. Large two-car detached garage includes a small efficiency apartment with a bathroom! Some cosmetic updates are needed, this area can serve as an excellent guest quarters or a rental space.

Contact me for more information to include cash price, address, and project analysis packet.

Steven Wesolowski TX LIC #813897, New Western's off-market specialty in the Greater San Antonio Area.