Hard Money Lender in Dallas
The Dallas/Ft. Worth area has been an investment hotbed over the last ten years. Steady population and job growth have driven the real estate market up nearly 61% during this 10-year period.
Dallas, and its suburbs like Plano, Frisco, McKinney, and Carrollton, are constantly making headlines as some of the best communities to live in the United States. Ft Worth and its suburbs like Keller, Southlake, and Colleyville are showing signs of close to double-digit growth year over year.
Ft. Worth has some of the lowest entry-level home prices nationwide. Dallas has one of the lowest days-on-market averages in the country, sitting at close to 32 days on market. Both cities offer very landlord-friendly laws. Additionally, both Dallas and Ft. Worth offer slightly lower property tax rates than most other cities in America.
Over half of the Dallas population rents their housing, as opposed to the rest of the nation’s cities averaging 33% of their population being renters. This makes Dallas a significantly attractive investment opportunity for landlords.
These market trends are good for investors looking for a fix and flip or for rental properties, as the vacancy rate has significantly diminished. Rents throughout both Dallas and Ft. Worth have peaked yet show no signs of slowing down. This trend seems to be consistent with job growth, which shows no signs of slowing down.
Tony started his real estate career in 2005, in the residential mortgage origination business. Tony’s outstanding customer relations quickly helped him become a top sales producer. In 2009, he began employment with a nationwide home buying organization, where he excelled in home acquisitions. Tony has purchased hundreds of houses over the last ten years. Tony’s careers in acquisitions and financing, along with rental property management and remodeling experience give him a uniquely complete skill set for the hard money lending business.
Nick Sicilian joins Freedom Private Money with a background in the oil and gas industry where he worked in engineering. He graduated from SUNY Maritime Academy in 2012 with a USCG Engineering License, and has since been working offshore. Nick’s role was mission critical – keep the rigs up and running – and therefore, he comes with the mindset of “can do” as well as extreme attention to both detail and nuance.