Georgia Hard Money Lenders
We searched high and low to compile the most complete list of Georgia Hard Money Lenders. We’re constantly updating the lender information like loan rates and borrower qualifications to keep the list up to date. If you’re looking for a financing partner in Georgia, you’ve come to the right place. To read a comparison of the top national hard money lenders, read our buyer’s guide. To see lenders in a different state, visit our National Hard Money Lender Directory homepage.
Here are 10 insights on Georgia real estate market trends, straight from the pros:
- Atlanta’s Beltline Transportation Project Offers Great Opportunities for Investors
-Robert Mulcahy, Vice President, Angel Oak Prime Bridge
Prices increase steadily from 3% to 8% in some markets since 2008. The typical markets have become competitive for inventory and this has driven second level markets. Atlanta’s housing inventory is aged, offering great opportunities for investors. Another development driving opportunity is Atlanta’s Beltline transportation project, which has opened up tremendous opportunities for investors in several markets. The fix-to-rent market in Atlanta is also strong, as the demand for 1-4 unit rental homes has outgrown the desire for apartments.
- Houston County GA Real Estate Markets are Hot Right Now
-Anita Clark, Owner & Realtor, Selling Warner Robins
All of the Houston County GA real estate markets are smokin’ hot right now, especially for homeowners looking to sell their homes. With a shortage of inventory in each of this counties’ six communities, homes that are market-priced and properly maintained are selling extremely fast. Even properties that are marginally overpriced and outdated are getting long looks. That puts a burden on buyers to preview homes quickly and make firm decisions directly after seeing a property. Any delay and they may miss out as many homes in Houston County are experiencing bidding wars. That trend should continue short-term and may last the rest of the year. Time will tell.
- Downtown Atlanta Lease Rates are Expected to Increase
-Cedric Matheny, Broker, T. Dallas Smith & Company
The re-urbanization of Atlanta is causing many potential investors to come back to the core of the city. In the next three to five years, Atlanta will be an MSA comparable to Los Angeles, Chicago, and New York. At the center of the Atlanta ascension is downtown. Major market changers like Mercedes-Benz, the Beltline, and Georgia State have made downtown Atlanta their home base with more large global companies on the horizon. Most attractive in the past has been the lower lease rates. Now, lease rates are increasing year over year. In fact, in the past 12 months, rates in the downtown area have increased more than 12% and are projected to continue the upward trend. Potential investors who are interested in this market should invest now.
- Georgia Rental Market for SFR’s Under $1,250 Remains Strong
-Bruce Ailion, Realtor & Attorney, The Ailion Team
Single family housing rentals under $1,250 per month remain strong. Rents are rising more than 5% per year. Turnover is low with 4% to 5% annual increases because tenant find they cannot rent a similar property for lease than the increase. Many investors are selling off properties starting with the lower price range. Higher priced properties are more stable and tenants tend to take better care of the property.
- East Cobb is a Great Place to Invest Right Now
-Parker Stiles, Founder, Barrington Acquisitions
One great place in Georgia to invest right now is East Cobb. The schools are amazing, new construction is going up everywhere you look, and it has a high appreciation rate. Homes that are at a minimum, “move in ready” and at a maximum, updated and modern, are typically going under contract in less than 5 days, closing shortly after. Be careful, however, as to not buy just based on appreciation, as we are overdue for another market correction, and no one knows when it’s coming.
- Atlanta Market Currently Offers Affordability, and Strong Cash Flow Opportunities
-Rich Fettke, Co-Founder & Co-CEO, RealWealth Network
Atlanta is one of the strongest real estate markets today, offering investors an affordable investment, high cash flow, and a strong opportunity for equity growth. Atlanta has been experiencing significant job growth and population growth, but there are still good investment opportunities to be found if you know where to look. It’s still possible to purchase investment homes for around $127,000 or less that can rent for about 1% of the purchase price.
- Fix & Flip in Atlanta GA Remains Robust
-Brian Dally, Co-Founder & CEO, Groundfloor
Fix and flip activity in Atlanta remains robust, even in a hot real estate market. In the past, one could buy properties fairly cheap, minimally fix them up, and sell them quickly for a good profit. During the past three years, however, we’ve seen acquisition costs rise, requiring flippers to do more extensive work in order to realize a higher final sales price. For example, in 2016 the average renovation budget of our Atlanta flippers was about 31% of the total loan amount. In 2018, we’re now seeing the average renovation component increase to over 45%. Despite this trend, significant opportunities remain for skilled developers, and it makes it all the more necessary to have a flexible lending partner.
- Atlanta Rental Properties Have Solid Appreciation Values
-Marco Santarelli, Founder & President, Norada Real Estate Investments
You can expect solid appreciation values for the rental properties in Atlanta. The average number of people moving to Atlanta every day is 500, which is the reason why demand is high. If there’s a high demand of units, the expected returns are also expected to be high. The returns will keep on appreciating and given that real estates are assets, profits will also continue to grow.
- Atlanta-Sandy Springs-Marietta Metro Area is #7 Housing Market in the US
-Allison Bethell, Staff Writer, Fit Small Business
The Atlanta-Sandy Springs-Marietta metro area ranked #7 on Forbes’ list of 20 best housing markets to invest in 2018. According to the report, homes in this area are undervalued by 7% compared to the historic ratio of price and local income. The average home price was $234,249 and one-year home price growth is at 8%.
Georgia is one of the best places that offers various opportunities and a high earning potential for real estate investors. There’s a high demand for rental properties due to increased population and low inventory – for this, rent prices continue to rise. Home values are also trending upward, but most prices are still relatively below income levels, giving more room for growth and improvement.
T. Dallas Smith has become both trailblazer and teacher for many in the metro Atlanta commercial real estate industry. His firm, T. Dallas Smith and Company, provides real estate brokerage services to clients and mid to small market companies both nationally and internationally. But it was a firm borne out of necessity, aimed at addressing the dearth of minority representation in the industry. See the inspiring story of how one man’s career aspirations would eventually open doors of opportunity to countless others.
Below is a letter addressed to T. Dallas Smith from the Brokerage Coordinator at JLL…
Good evening Dallas,
I wanted share with you the video of the event and to thank you again for sharing your story. The event was a success and still today, people are talking about it. I’d like to share with you some responses to one of our survey questions. See the responses below:
What was the most important message that you took away from this session/event?
- “As a white American, it reminded me what African Americans sadly must still often go through and that there are small things I can do to work to prevent it.”
- “Use challenging times as a means to open dialogue on topics that cause potential misunderstanding or conflict. Be open to listening to the other side and work to understand their point of view. Keep communicating. “
- “What an awesome event!! Dallas was so dynamic, and I loved hearing his story about how he’s risen to where he is today. He really drives home the importance of networking and relationship building, as well as staying true to yourself and finding your own niche for success.”
A post shared by TDS & Co (@tdsandco) on
What is the one thing you would change about this session/event?
- “Could have made that one longer and broken into small groups. Dallas is a “connector” and truly understands how to look for solutions to problems or issues and not complain about them. He is very forward looking, which is keep to progress.”
- “I would have given Dallas more time to speak. He did such a phenomenal job! He said things that needed to be heard.”
You were a hit and I’ve already spoken to our National AABN to invite you to speak at events in other cities. Stay tuned. We hope to have you in our other markets…