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According to Zillow, the median home value in Destin is $420,459 and home values have gone up 7.1% over the past year and Zillow predicts they will fall -0.5% within the next year. The median list price per square foot in Destin is $288, which is higher than the Crestview-Fort Walton Beach-Destin Metro average of $242. The median price of homes currently listed in Destin is $550,000 while the median price of homes that sold is $375,900. The median rent price in Destin is $1,972, which is higher than the Crestview-Fort Walton Beach-Destin Metro median of $1,550.
BridgeWell Capital is recognized as the #1 hard money lender in Florida. Hard money, also referred to as private money, is often used by real estate investors to quickly and easily fund their investment. Hard money is a convenient and reliable resource for investors because it provides immediate access to investment capital without the rigorous and painful approval process of conventional loans.
Our hard money lending programs are designed to satisfy the needs of Real Estate Investors in their buy-fix-sell projects, investment property refinances, rental home projects and rehab credit lines. BridgeWell Capital offers investor-friendly private money loan programs that include 1-30-year loan terms and up to 80% LTV of hard money funding. Our private money lending program in Destin features a 5-minute pre-approval for Real Estate Investors; regardless of their credit score and whether they are self-employed. Real Estate Investors in Destin can now easily get the private money funding they need in 10 days or less.
One of the main benefits of our private money loan program is that it is the fastest and most hassle-free way to obtain investment capital. A common problem for many Real Estate Investors in Destin is that they lack the private money they need to take advantage of the deals when they become available. It is no secret that there are great bargains in Destin’s Real Estate market. However, it takes immediate access to hard money to take advantage of these deals. BridgeWell is ready today to provide you with the direct access to the hard money you need to achieve success with your Real Estate investing goals. There is no better place than Destin and no better time than today to start investing!
Although Florida is best known for the beaches, theme parks and its massive tourist industry, Florida offers great opportunities for entrepreneurs looking to invest in Real Estate. Here are some positives of Florida’s Real Estate market:
Destin’s Real Estate market offers great opportunities for investors. However, if you want to take full advantage you need to have the financial resources to get started. With our private money loans program, you can gain access to these resources quickly and easily.
It is no secret Florida’s real estate market offers great investment opportunities. A recent housing report released by the state trade association, Florida REALTORS®, shows single-family home sales increased in the Destin-Kissimmee-Sanford MSA by 28.3% year-on-year for the month of July. Median sale prices on homes also increased 5.3% during that same time frame. According to a recent article in the Destin Sentinel, taxable property values across Central Florida are expected to increase for a third straight year as new construction and a strong economy have pushed existing home prices up.
Keeping up with the market and staying up to date on current trends can lead to, not only smarter investment decisions, but ultimately, a more successful portfolio of investment properties. At BridgeWell Capital, we approve our hard money loans based on your ability to succeed, and the local market trends and indicators are some of the factors we encourage our borrowers to use to make smart investment decisions.
For example, buying a residential property where home sales are rising and days on market are decreasing, or where school ratings are high, and crime rates are low, should translate into an easier, more lucrative, real estate investment project. For current trends in Central Florida’s real estate investment market, visit Zillow.com or Trulia.com.
We always encourage getting involved in the local/regional real estate investment community. Whether you do or not won’t have any effect on your ability to secure hard money loans from BridgeWell Capital, but there’s probably no better place to network, learn, do business and collaborate with other real estate professionals than at Real Estate Investment Associations (REIAs). The REIAs serving the Florida MSA and surrounding areas are:
REIAs are a great place for real estate investors to grow their business and we highly encourage getting involved. Find the REIA that best fits your needs. A well built out knowledge base and support group can only help when it comes to making your next real estate investment project a success. BridgeWell Capital is Destin’s #1 hard money lender for real estate investment in Florida. Whether it’s rehab loans or investment for rental properties, BridgeWell Capital is the most trusted name in private money lending. If you need help financing your next commercial or residential real estate project contact us today!
BridgeWell Capital wants you to be a success in real estate investing, and that takes knowledge, but the key to knowledge is knowing where to find it. Here are some links to help you get find the answers you seek
At BridgeWell Capital we’re committed to your success, and we are ready to become an integral part of your real estate investment team. For more information about our hard money loans in Florida call us at 850-296-0803, or fill out our request funding form online and we will contact you within one (1) business day.