Savvy Bridgepoint Ventures has established a real estate business platform that enables developers to quickly get projects financed through volume purchasing of pre-sales needed to secure a construction loan.
(PRLog.Org) – An Innovative Solution to Triumph at Real Estate InvestingDue to wild fluctuations in the stock market for the past several years, many investors have gravitated to real estate as a perceived safer haven for their money. Preconstruction contracts became attractive tools to achieve potential double-digit profits that could sometimes be realized in a year’s time. Due to basic economic rules of supply and demand the pendulum has swung back and a red-hot seller’s market has changed to a buyer’s market with an oversupply of inventory. When the market softens, there are two groups that stand to lose; developers who depend on pre-sales to get their projects off the ground and investors who like the fact that they can participate in a project for as little as 20% down and realize potential gains of hundreds of thousands of dollars upon project completion. So the current slow-down has the possibility to negatively affect a myriad of individuals currently invested in real estate. Likewise thousands of development projects are slated to commence in the next few years and the lack of a viable market conducive to financing spells trouble on many fronts.
Click title to read more
No comments:
Post a Comment