Welcome back for Minute Monday #7. Jared Fausnaught, Director of Sales, is back again to discuss one of the biggest myths surrounding hard money lending. Myth: Hard Money Lending IS Predatory Lending. This myth suggests that a hard money lender like WCP will lend to a borrower while knowing that the borrower doesn’t have the
This week Kevin breaks down an example deal and explains some of the hard money loan metrics he uses to analyze them. Example: There’s a property for sale for $250,000 and it needs $50,000 in repair. The estimated ARV as presented by the investor is $400,000. Here we’re going to analyze the deal making sure
Investing in today’s market has been easier in some ways, particularly in the D.C. Metro area because of healthy appreciation in real estate. But as we saw in D.C.’s Petworth in late summer of 2014, a market saturated with investors can be devastating. Inventory builds (properties that sit on the market), and ill-prepared investors are forced
Welcome back to our second week of Minute Monday! In this episode our Director of Sales, Jared, is back to give you a briefing on our loan program, Transactional Funding. Our transactional funding program is best for wholesalers who have found deal usually on-market that has an assignability clause that doesn’t allow them to assign the
Welcome to Minute Monday, our new video series here at WCP, bringing you educational content every week! To kick off this new series, Jared, our Director of Sales will talk about our loan program, Acquisition Funding. 2 reasons borrowers come to Washington Capital Partners for Acquisition Funding: A borrower found a deal in an off-market
In order for a partnership to be profitable, each person involved should possess a similar vision for the project while bringing a unique expertise to the table. Learn what to consider when contemplating partnering on your next rehab before you dive in. 1. Assemble the Right Team A successful partnership starts with the right people.
On March 30, Jared Fausnaught, DrWCP, was asked to speak on a panel to local Keller Williams real estate agents. After the panel, the more than 60 attendees were eager to get their hard money questions answered. Here are a few of the top questions, and our responses. Please reach out to us if you
Every real estate investor has to deal with finding the right balance between time and money during their deal. Every deal is different, and, as an investor, you will always have to make decisions that will ultimately alter the timeline or budget of the project. Keeping both your time frame and budget within your goals
Once you begin your investment project and you have your water-tight plan in place, that’s it, right? Nothing is going to change. Well, we certainly hope that’s the case, but every now and then issues can pop up. This can be nerve-wracking, but if you know what to expect and how to handle it, it
We have the experience and team ready to be your partner. Contact us today and learn why real estate investors choose to work with WCP for all of their funding needs.
