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
RealtyTrac recently released an on the 5 habits of highly profitable home flippers. While there are several different factors to consider when flipping a property, these 5 habits are an excellent place to start. We have taken these national standards and compared them to those in our local Washington, D.C. metro area market. Be aware that
Finding a good deal for an investment property can be a challenge. In our last post, we talked about foreclosure properties, which are usually good deals, but also tend to be very competitive. In this post, you will learn more about off-market deals. These can be more difficult to find, but these sellers focus on
Advantage Have you ever been in front of an investing opportunity, but didn’t have anyone to sell the property to? Sometimes it’s who you know, not what you know. As a real estate agent you are presented with all kinds of properties in both good and bad condition. If you run into an investment opportunity
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.
