Purchasing investment property is as popular as ever, although obtaining financing is sometimes more difficult because underwriting qualifications have tightened up. I counsel my clients to go through the loan approval process BEFORE they become too invested in the buying process. The time involved in getting a loan can be longer than expected, and getting an extension on closing can be costly, especially when purchasing bank-owned property.
Finding a property
Once we establish which communities will more likely produce what you’re looking for, I will put you in an automatic drip campaign so you are emailed the latest updates to the market as they become available. As soon as you decide we’ve found the “right” property, I will do an analysis to determine the present market value. Once we determine what the operating expenses will be, I can show you what the return on your investment will be and you can decide then if you want to move forward.
Negotiating the Best Price
I’ve personally sold more than 1,000 homes in my real estate career and can assure you I will take the utmost care in negotiating the best possible price and terms.
The Rehab
I can assist you in finding contractors who specialize in every part of the rehab process if it is necessary. And if you’re securing a loan for the purchase, I will introduce you to the rehab loans that lenders require you use when a property needs work.
Reselling
When you are ready to sell I can market your property to maximize your profitability.
No Consulting Fees
You don’t pay me anything for my services. You simply pay a commission when you resell your property. It’s easy when you are assisted through the entire process.