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 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
Rehabbing a basic paint and carpet project is a great starting place for new investors, but at some point branching out to larger projects is an attractive proposition. From experience, implementing the following steps can streamline your transition and not only help you avoid costly mistakes, but also come out profitable. Don’t go undercapitalized While
There are several unpredictable factors that can delay the completion of your project. The worst thing you can do when you realize you are not going to meet this deadline is default your loan. Knowing how to act when these situations arise can save you money, avoid harsh penalties, and prevent you from potentially losing
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
Working with a hard money lender isn’t rocket science. As long as you follow along with basic rules of real estate investing, your loan and your property should pan out as you expect. However, there are 3 terminal mistakes borrowers can make while dealing with hard money loans and investment properties that can immediately ruin
Real estate investors are drawn toward hard money loans for one main reason: a fast close. The faster you can close on your loan, the better your chances are of beating out your competition and getting the property you want. It’s pretty common knowledge that private lenders will close a loan faster, but do you
Real estate investors tend to have a few different options when it comes to financing a project, so why is a hard money loan the best option? Here is a snapshot of the benefits you’ll receive when you work with a hard money lender over a traditional bank loan. Fast closings Since hard money lenders give
When you’re trying to find a private lender, it’s important to know exactly what qualities you should look for. Here, we have broken down the top five qualities your private lender should possess in order to ensure that your transaction moves quickly and efficiently. Attentiveness It is very important that your lender is responsive and
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.
