Part of searching for the right rehab property involves analyzing options to determine which one possesses the best value. Consider these steps to help you make a wise decision! Step 1: Determine Your Geographical Parameters When a property is functionally obsolete it is important to figure out if it can be salvaged. Set a circumference
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
Whether you are interested in investing in your first hoarder property, or have been down this road before, the tips below can help you tackle your next investment! 1. Understand the Work Load Since the property is in a distressed condition it will require more attention than the typical investment property, but can be a
The end of the hot spring market is approaching. If you have not put your investment on the market yet don’t panic, here are some Summer investing tips to keep in mind that will give your property the value and appeal it needs to sell as the market slows down. Always keep in mind that
Determining property values can be difficult if you aren’t seasoned in the industry or the local market. Add in the fact that properties in the Washington, D.C. metro area come with their own set of unique challenges, and where do you start? When considering property value, several different factors come into play. Location The location
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 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
There are several factors to consider before deciding to invest in a property, but digging into the area’s demographic data is one of the most important. What does the neighborhood look like? What is the average size of a house? What are potential buyers in that area looking for? You don’t want to build a
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.
