We have the opportunity to work with a lot of first-time investors, particularly in states like Idaho where real estate investing is especially popular. How about you? Are you a first-time investor looking to get your hands on that first piece of commercial property?
If so, we want you to know that your choice of lenders is an important one. The lending firm or institution you choose to work with will influence every transaction you conduct. So step back and ask yourself about the lender traits you feel are important. While you think about that, allow Actium Partners to put our hat in the ring. We would appreciate the opportunity to fund your Idaho commercial real estate investments.
1. History of Success
Many of the first-time investors we work with come to us because of our history of success. They want a hard money lender they can count on to deliver as promised. Here at Actium, we have been supporting real estate investments in Idaho, Colorado, and Utah for years. We consistently deliver for both clients and investors alike.
2. Experience in Commercial Real Estate
Investors come to Actium Partners due to our extensive experience in commercial real estate. That experience matters to first-time investors who might not be entirely sure how the entire system works. They find our experience invaluable.
If you are a first-time investor, here is something you need to know: hard money lenders can specialize in all types of projects and investments. Actium’s focus is commercial real estate. We do not get into fix-and-flip investments, land development, or any of those other types of things. Financing commercial real estate acquisitions is what we do. And we have many years of experience doing it.
One last thing to consider is that there are some hard money lenders whose specialty is actually fintech. They are experts at developing technology for the financial sector. Yet a lack of experience in commercial real estate could be a problem for borrowers.
3. Access to Fast Cash
If you are new to real estate investing, you might not yet appreciate the speed at which most hard money lenders work. But hang on. You will in due time. And once you do, you will realize just how important it is to have access to fast cash.
Speed is one of the advantages hard money has over traditional lending. Our underwriting processes are simpler and less time-consuming. As a result, hard money loans for Idaho real estate transactions can be approved and funded in a matter of days. That is the kind of speed you are going to need to survive in the highly competitive commercial real estate market.
4. Personalized Service
We believe that one of the most attractive aspects of hard money lending is the ability to offer personalized service. We work directly with each client at every step of the lending process. As a client, you don’t have to deal with third parties or impersonal call centers where phones are operated by people who do not know you.
Personalized service makes all the difference in the world. Given the amount of money you may want to borrow and the sensitive nature of real estate investing, you deserve nothing less than personal attention from the Actium team.
Only you can determine the lender traits that are most important to you as a first-time real estate investor. If you are looking to invest in Idaho, contact us to learn more about our hard money and bridge loans in the Gem State. We look forward to collaborating with you.
