Real estate experts are predicting that, after a brief stall, more people will be renting in 2019. That is excellent news for those seeking solid real estate investments that are positioned to deliver impressive returns for the foreseeable future.
In the issue, the professional hard money lenders at PB Financial Group will discuss why the number of renters is expected to increase in 2019, and how hard money loans in Sacramento can be the method in securing your investment.
It boils down to a forecasted increase in 30-year mortgages and stiff competition four housing in areas that are most desirable. Experts are anticipating that the average 30-year mortgage will top out at around 5.8 percent by the end of 2019.
That is fantastic news for landlords and property owners, since the demand for rentals will only increase.
Real Estate Prices
This is the ideal time to be in the real estate market because there is less competition. With less competition, there are no bidding wars and sellers are more inclined to reduce their prices.In other words, with the right financial backing from for example a trusted hard money lender like PB Financial, you will be in an incredibly strong position to secure the property you want – and possibly at a much lower price.
The Advantages of a Hard Money Lender
As we wrote in a previous entry, hard money lenders offer quite a few advantages over traditional banks loans.
For starters, reputable hard money lenders like PB Financial Group can provide their clients the funds needed within 2-3 weeks, rather than the 60-90 day process with a bank.
Secondly, when you partner with a hard money lender, you are able to tap into a wealth of knowledge and experience from professional businessmen who will work with you in making the investment a success, as most traditional banks do not.
Seize Your Investment Opportunity with Hard a Money Loan
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