PadSplit has partnered with New Western to provide you access to our inventory of value-add investment properties.
Finding the right investment property can be a challenge. As a real estate investment marketplace, New Western offers a vast inventory of curated properties to meet your investment strategies.
We provide easy access to opportunities you wouldn’t have otherwise. We also work behind the scenes to eliminate problems, deliver a marketable title and provide a fast, seamless process to close.
A licensed local New Western agent will work to deliver the type of residential investment properties that meet your unique investing needs and exit strategy. We’re here to help every step of the way.
With a growing national presence that currently spans 22 states and 46 markets-our team of 800+ specialized agents have deals in your local market.
Lauren Novak shudders as she recalls the Burly Oak house. When Lauren and Frank Novak and their business partner, Michael Morris, decided on Burly Oak, they knew what they were in for. “New Western doesn’t go for the clean, pretty ones because you...
Mention aluminum wiring, and the Capital City Flips team shudders. One of their early flips was a home wired with aluminum. “It’s a funny story,” according to their New Western agent, Justin. “It probably wasn’t funny at that time, but they wound ...
With every flip comes a new lesson learned… and sometimes, that lesson really sticks. That’s definitely the case in Courtney’s recent flip — an experience that left her with one standout impression: When it comes to flips, things move fast! When ...
Macario Escamilla wanted more. As a sales manager for a local car dealer in San Antonio, TX, Macario was looking for a way to find true wealth and financial freedom. That’s when he met Gabriel Esparza, a real estate agent with New Western, and his...
Frank and Lauren Novak and their business partner, Michel Morris, stepped out of their comfort zone with their second New Western flip — a sinking house with significant foundation damage. “That was the first one we had foundation work on that we ...
In 2018, Macario Escamilla got a phone call from New Western agent, Gabriel Esparza, about an opportunity that perfectly fit his criteria. It was a historic home built in 1913 located near downtown San Antonio. “I walked the property and knew the ...
Lauren Novak shudders as she recalls the Burly Oak house. When Lauren and Frank Novak and their business partner, Michael Morris, decided on Burly Oak, they knew what they were in for. “New Western doesn’t go for the clean, pretty ones because you...
Mention aluminum wiring, and the Capital City Flips team shudders. One of their early flips was a home wired with aluminum. “It’s a funny story,” according to their New Western agent, Justin. “It probably wasn’t funny at that time, but they wound ...
After an initial virtual or in-person onboarding meeting, you will have access to our vast inventory of properties. Our associates will explain in detail how our properties are sold and how the transactions will be structured during that initial meeting.
A New Western agent works with you through the entire transaction process from search to executing contracts and closing. To get the most out of your search for a deal, we need to know what type of properties, neighborhoods and local markets you’re interested in and your investment goals and strategies.
New Western inventory can’t typically be purchased using traditional bank financing due to the condition of the property, the timeline of closing, and overall structure of the transaction. These properties need to be purchased with cash or a lending program specifically designed for rehab purposes such as a hard money loan or private financing. Check with your local agent for approved financial options.
Certain ones, yes. You are able to use a hard money loan to purchase our properties. Check with your local agent for approved financial options.
No. New Western does not provide financing. However, we can easily connect you with numerous lenders on The Bridge, a new lending marketplace that will guide you through the process of selecting the best lender to suit your investment strategies.
It depends. Factors that influence how much cash you need include the market, the lender and the degree of work the distressed property requires. Investors need a down payment to purchase the property, money left in reserve for carrying costs (like interest, taxes and insurance) and enough capital to repair the property.
No, you don’t need a licensed agent to purchase a property from us. One of our licensed agents will walk you through our transaction process. However, you are free to employ a third-party agent to represent you (at your cost) if you choose.