BridgeWell Capital: Tallahassee’s Private Money Lender
The real estate market in Tallahassee is growing, and BridgeWell Capital is here with it. With the opportunities in Tallahassee’s real estate market, Investors are looking for the best private money lenders in town. If you find yourself in that position, you have come to the right place. BridgeWell Capital prides itself on being the #1 private money lender in Tallahassee. Our excellent customer service, easy approvals, fast closing process and flexible loan terms are the best you will find in the market.
BridgeWell Capital is a licensed mortgage lender that offers private money loans for Real Estate Investors in Tallahassee, and all over Florida (including Orlando, Tampa, Jacksonville and Sarasota). Our loan programs are designed for residential (no-owner-occupant) buy-fix-sell projects, buy-fix-rent and refinances. We also offer rehab credit lines, so you can successfully complete projects faster and more efficiently.
For many Investors, it is difficult to gain access to the capital they need to fund their investment deals. Banks and conventional lenders, immediately deny loans to investors based on their credit score; because they are self-employed, have had foreclosures or even short sales. They do not take into consideration that many of these Investors have solid income, a significant down payment, and the ability to succeed in their real estate investment projects. These are all factors that BridgeWell Capital takes into account for our private money loan approvals. We approve loans for Investors that banks and other conventional lenders would not. Instead of looking for ways to say no, we find ways to say yes. Once you get started, we can close your private money loan typically in as little as 7 days (times may vary depending on the property).
Our 5-minute pre-approval is just a few clicks away. To start investing Request Funding Now!
Tallahassee Real Estate Investment Market
For those who are looking to invest in Tallahassee’s real estate market, congratulations! You have chosen a great place to invest. Home values and sales are on the upswing on a month-to-month basis, especially in regards to single family detached homes. As supply matches demand into market equilibrium, many price ranges are starting to see real estate appreciation return to the market.
It is no secret that Tallahassee was greatly affected by the 2008-2009 recession. As the number of foreclosures added properties into the pool of inventory, the average home values decreased dramatically. However, after a few years, Tallahassee’s real estate market is showing significant signs of improvement, and a positive trend towards recovery. With the reactivation of Tallahassee’s real estate market, homebuyers are creeping out and taking advantage of the low mortgage rates. We are now close to reach market equilibrium, and the recovery trend suggests it is just a matter of time. We can already see great opportunities for both buyers and Investors as average home values increase, mortgage rates remain low and sales continue to climb. Investors looking to ride this trend should see great benefits in the near future.
At BridgeWell Capital, our goal is to see your success in your investment projects. If you are looking to invest in Tallahassee’s real estate market, BridgeWell Capital is here to help you. We provide the funding and the consulting services you need to be successful in your investment projects.
If you are ready to start investing, click to get Get Started Now!
If you have not been to Tallahassee, or even if you live there, you should be acquainted with the city’s demographics before making your investment decisions. This will help you know what kind of population you are dealing with, and determine your best strategy for your deals.
As of 2010, the total population in Tallahassee is 181,376, which is 20.42% more than it was in 2000. The population growth is much higher than in other cities in Florida, like Sarasota (-1.51%), Tampa (10.63%), Jacksonville (11.71%), and much higher than the statewide average rate of 17.64%, and the national average rate, which is 9.71%. Orlando is the only city in Florida surpassing Tallahassee’s population growth, with an outstanding rate of 28.15%. Nevertheless, this is good news for the Real Estate Investors: the population increase will bring along a greater demand for real estate, and greater investment opportunities in the future.
Additionally, according to the Census data, Tallahassee’s population is composed by three major groups of people: corporate climbers, college students and comfy couples. Corporate climbers are distinguished for being individuals with high income, and with higher-than-average living costs. Most are single, with a college education and have mid-management professions. Following this group, college students are individuals that live close to colleges and universities. You will find them most in District 4, around Florida State University.
Last, but not least, the comfy couples are high-income married couples, who own or would like to purchase their own home. Most have college education and work in a variety of occupations.
Real Estate Investor Clubs in Tallahassee
Real Estate Investor Associations (REIA) are a valuable source for new investors to network and to create partnerships with other fellow investors and real estate professionals. Every main city in Florida has it’s own REIA and Tallahassee is not the exception. Among the REIAs, the most popular in Tallahassee is the North Florida Real Estate Investors Association (NFREIA). They meet regularly (every 2nd Thursday of the month) to discuss various topics about real estate, and provide a wealth of information that is useful to beginners and experienced real estate professionals alike. Although the membership price can be at first expensive (currently $150/year) the investment is worth every penny.
The REIAs are a great place to start but before you make your first deal make sure you have the funding available. If you need a reliable source of private money to fund your deals, BridgeWell Capital is your best option. All you need to do is submit your private money application online.