From a row house in the heart of DC to a neglected single-family home in PG country, we’ve funded 262 projects this year worthy of attention. Which one stands out the most? Each week we shine a spotlight on a flip with contemporary features, efficient design, or neighborhood features. Never miss a #TransformationTuesday here. Take
Most real estate investors start off small by taking on one flip at a time, resulting in just a handful of projects a year. After seeing some success in their flips, many reach a point where they are ready to scale their business by taking on multiple flips at once. While this may seem intimidating
Sales Executive, Andrew Michael discusses 4 Red Flags to watch out for when hiring a contractor: To kick things off, you should check the contractor’s online reviews. If they have mainly negative reviews or have no reviews at all, it’s typically better not to take a gamble on them. Secondly, if you are getting quotes
In this special edition of Minute Monday, sales associate Joska give us a tour of his condo flip and shares some tips and strategies to keep in mind when flipping an investment property. Tip #1 – Find a good contractor. Contractors can make or break the success of your flip, so it’s important to use
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
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
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
When it comes to real estate investing, properties can truly be transformed if everything is done correctly. A small, 3-bedroom, 1 bathroom with a one-car garage built in 1980 can become a 5-bedroom, 2 bathroom luxury home with a 2-car garage in a matter of months. We have seen structures that are barely standing become
One of the most popular questions we get is “Why hard money lending?” There are several ways to get loans, so what makes hard money lending the best option? Why not just go through my bank or have a friend loan the money? In this post, we’ll break down that question to help you determine
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.
