So you want to start buying new construction investment real estate in the preconstruction phase but you don’t know where to get started? Let us help you through the process:
1. Research the market and find the best areas for investment real estate, make sure the articles you’re reading are current and really make an effort to talk to others in the investment real estate industry.
2. Find a trustworthy real estate brokerage that you feel has your best interests in mind. Be sure the brokerage has a large selection of properties and be sure to take suggestions but don’t let them does not pressure you into one or another.
3. Find financing, often times brokerages will have special deals for clients as far as financing goes if a client buys from them. For example, clients that buy from YAERD receive a better rate than most other places because they forfeit their commission and give it to the clients.
4. Contact your investment real estate brokerage and ask them for the reservation form and send it in to the developer to hold in an escrow account and you’re on your way to becoming a real estate investor.
1. Research the market and find the best areas for investment real estate, make sure the articles you’re reading are current and really make an effort to talk to others in the investment real estate industry.
2. Find a trustworthy real estate brokerage that you feel has your best interests in mind. Be sure the brokerage has a large selection of properties and be sure to take suggestions but don’t let them does not pressure you into one or another.
3. Find financing, often times brokerages will have special deals for clients as far as financing goes if a client buys from them. For example, clients that buy from YAERD receive a better rate than most other places because they forfeit their commission and give it to the clients.
4. Contact your investment real estate brokerage and ask them for the reservation form and send it in to the developer to hold in an escrow account and you’re on your way to becoming a real estate investor.
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