Idaho Hard Money Lender Offers Convenient Fast Cash Loans
Idaho’s vibrant Treasure Valley offers something for everyone – and the housing market serves as a gauge of the region’s popularity as the population continues to grow.
The demand for rentals is strong as a steady stream of new arrivals move into the area from out of state. Apartment construction in Treasure Valley is booming in order to keep up with the demand.
The trend of note in multifamily housing in Idaho and beyond is the size of the buildings going up. Large, impersonal apartment complexes with hundreds of units are becoming less common. Developers are focusing on the construction of multiplexes and townhomes that provide a more intimate,
village–like quality of life setting that encourages community and neighborly exchange.
The solid output of apartment construction in Treasure Valley goes somewhat against the current national norm, which shows a lower rate of apartment development and increase in rental rates. “Our market has absorbed the units we have brought on in very short order.” says Clay Anderson, investment broker with Colliers International, Boise. “We haven’t taken a downtick at all with occupancy.”
It’s an excellent time to invest in rental property in the Treasure Valley region thanks to the area’s continued growth and high demand for multifamily housing. However a tight market and cautious mood amongst lenders present a challenge to investors looking to get in on the action.
A Hard Money Loan Can Help You Land an Idaho Rental Investment
While conventional lenders may be slower to loan in a competitive market, hard money lenders have the freedom to work with investors to make things happen. If you’re interested in investing and have substantial equity available, talk to us about hard money loan options. Our team at Gregory M. Russell is available to discuss ways to help you take advantage of Idaho’s hot market. Give us a call. 1-888-477-0444.