According to a survey conducted by BankRate Financial Security Index on July 19, 2016; consumers of all ages have chosen real estate as their preferred investment strategy for money they will not need for more than 10 years. Real estate is so appealing because it is a tangible investment that you can touch, see, and
When it comes to the business of real estate investing, there are a few key areas that you need to focus on in order to become truly successful. At Washington Capital Partners, we have seen hundreds of deals over the past few years, and we have seen all different kinds of investors. Through every deal
When you decide to invest in a property, it’s extremely important that you have a solid, fool-proof scope in mind before you move forward. Private lenders will need to review your scope of work, proposed draw schedule, among other important factors, such as the estimated after repair value (ARV). Asset based lenders focus on the numbers
In Part 2 of our Risky Business series, see more common mistakes that borrowers can make when utilizing hard money lending, and get tips on how to avoid them. Value the Property: Be reasonable with the value of the property. Pushing the market by listing the property for a higher price increases the risk of
Many people talk about the risks involved with hard money lending, and you may be asking yourself, “Is it worth the risk?” The truth is, as long as you know how to avoid the common mistakes, you can reap the huge rewards that come with investing in a property. Below are a few factors that,
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.
