Real estate investors, finding financial solutions to support their business is becoming increasingly difficult. Lenders are constantly tightening their writing requirements, leaving many hopeful investors aspiring and frustrated with no financial options.
If you are an investor in Indianapolis, or wish to invest in Indianapolis, you may have experienced this problem. Fortunately, there are other financial solutions that can help you overcome these problems. Hard cash, also known as private money, is now available to investors in Indianapolis through BridgeWell Captial lending programs. Our hard-earned loans are aimed at investors with special debt-seeking or self-employed borrowing needs, as well as investors who need a quick, hassle-free source of hard cash to finance their next contract. No matter what your situation, we can get you cash in 7 days.
Our heavy-duty lending programs in Indianapolis include loans for residential real estate projects, rental housing, financing of investment properties and debt restructuring lines. We do not finance property owners.
Indianapolis Real Estate Market
It is no secret that the housing market in Indianapolis, like many other cities in the country, was hit hard by the recession in 2007. However, we are now seeing positive signs that the realization of the housing market is under way.
With the continued positive growth of jobs and the expected decline in unemployment rates, homeowners in Indianapolis gained confidence and returned to the housing market. The debt situation of homeowners who faced the need to make short sales 2-5 years ago, as well as lower mortgage rates, has built up their confidence to become buyers again. For them, renting is no longer desirable.
Under these circumstances, local real estate investors are very happy to see the high contributions of their residences. Although the average price of real estate is still stable, the average sale price has been rising sharply over the past six months. There are a few other things (out of necessity) that drive this trend.
One of the reasons is the dramatic decline in shopping malls and short sales in the area. According to CoreLogic, which tracks mortgage data nationally, commodity prices in Indianapolis have declined since April 2012, with a decrease of 3.36 percent, followed by a decrease of 2.14 percent in 2013.
Also, inflation has contributed to rising house prices in Indianapolis and other parts of central Indiana. This has led to the need for new housing to address the shortage of property. In fact, inventory is being restored at an alarming rate, which is an indication that the housing market in Indianapolis continues to move in the right direction.
As the market stabilizes, sellers can continue to look for benefits in their homes. If you are thinking of investing in Indianapolis, now is the time to do it.
At BridgeWell Capital we can provide you with the hard cash you need to get started. We can put heavy cash into your pocket within 7 days so you can start making offers and compiling deals as soon as possible.
If you would like to know more about our commercial hard money loans indianapolis, in feel free to call us on 317 296-7000 or you can complete our hard credit loan application now.
Demographics
Larger real estate markets are often driven by population growth and Indianapolis is no exception. Between 2010 and 2050, the population of Indiana is estimated to have grown by 15 percent (from 6.48 million to 7.48 million residents), according to the Indiana Business Research Center. Population growth, as predicted by these figures, will happen in the next few years as the population will reach a total of 6.58 million citizens by 2020.
Throughout this time, the population will continue to make major structural changes. The greatest force driving this change is the growing generation of children. The first boomers turned 65 in 2011 and will all continue to retire until 2030. At that time, the elders will represent 20 percent of the people.
For investors this can be good news. Many seniors will be looking for their retirement homes in the years to come, as they seek their retirement savings, or withdraw their living expenses. With the growth of the Indianapolis population you will find great opportunities to grow your business in this market.
Indianapolis Real Estate Investor Associations
Real Estate Investor Associations (REIAs) is a great way to start your own business in Indianapolis. Whether you are a beginner or an expert in real estate investment, REIA can be a valuable resource. Real estate investment is a business that is well-known for its high return potential. However, these refunds usually come with a high risk value. REIA can help reduce that risk.
Only REIA can give you the opportunity to become a professional real estate investor to help you write your business plan, or the benefit of learning from real-life field training. They are a place where you can find answers and solutions to all your investment questions and problems. Whether your colleagues, salespeople or trainers will be able to help you.
Indianapolis has two major REIAs: Central Indiana Real Estate Investors Association (CIREIA) and Indy Property Investors (IPI). CIREIA conducts meetings at least once a week on a variety of topics; from property management and land ownership, to training brokers. On the other hand, the IPI is specifically targeted at investors who buy properties in Indianapolis to repair and sell, rent or lease. You will find valuable information and a great opportunity to connect with other investors in Indianapolis.
REIAs can bring great benefits to homeowners. Information, training and networking events can go a long way in growing your business. However, if you want to take your business to the next level, consider financing your deals with a solid loan from BridgeWell Capital. Rest assured, you will increase your investment profits.
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