Developers are building new properties every day, from single-family homes to multi-unit apartment buildings. Investing in new construction can be a lucrative path for real estate investors, as new builds often require less maintenance than older buildings and allow you an opportunity to get in early in up-and-coming areas. If you’re considering investing in a new construction property, learning about what problems to expect could help you prepare yourself and devise solutions to circumvent them. Below are some common sources of trouble in new residential construction.
Continue reading “What Are the Most Common Major Problems in New Home Construction?”Reasons to Pick a Hard Money Lender Over a Bank When Financing a New Home Build
When you start building a new home, you may consider different ways to fund it. Some people get a loan from a bank or a credit union and make payments on it over a long period of time. Others choose to work with hard money lenders because they offer several benefits that banks and other traditional lenders can’t. Keep reading to learn about the top reasons to pick a hard money lender over a bank when financing a new home build.
Continue reading “Reasons to Pick a Hard Money Lender Over a Bank When Financing a New Home Build”