Stretch Your Buying Dollar By Finding A Neighborhood That Is In Transition
Andrew Jubelt is a principal at AVANT Capital Partners,
bringing his years of broad based experience to the process of providing
capital market expertise and service to help real estate brokerage firms retain
their existing clients and close in-progress transactions smoothly.
As an experienced developer, Andrew Jubelt is acutely aware
of the need for bridge loans to meet the needs of borrowers purchasing or
holding properties that are being repositioned, re-tenanted, improved or
otherwise redeveloped, with a clear exit strategy for loan repayment. His
direct lending program offers competitive bridge loan rates, interest-only
payments & quick closings.
If locating the best area to invest your real estate dollar
is your priority, one needs look no further than a venti Cinnamon Dolce Crème
Frappuccino®.
According to his book Before
you BUY! The Homeowners Handbook To Today’s Market, Michael Corbett, real
estate expert and host of NBC's "Extra's Mansions &
Millionaires!" suggests buying in an area that is welcoming Starbucks and
Whole Foods to neighborhood. “It's a sign that the neighborhood is
up-and-coming, and therefore a smart real estate bet.”
Corbett writes:
"One of the best ways to stretch your buying dollar is to
find a neighborhood that is in transition. Called fringe or transitional
neighborhoods, they are typically close to major metropolitan areas and were
once neglected and less desirable. Is there a trendy restaurant where a tattoo
parlor used to be? These neighborhoods are now beginning to enjoy a new life
and your goal is the find them."
Avant Capital Partners offers a broad range of loan programs
that can provide your clients with the commercial real estate funding they
need. Contact Andrew Jubelt at ajubelt@avant-capital.com or call at (212)
231-9779 for more information.
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