Indianapolis Investment Properties: Choosing Your Next Project
Indianapolis investment properties come in all shapes and sizes. Whether you are a seasoned professional or just starting your career in commercial real estate, lucrative opportunities abound. The trick is being able to identify Indianapolis investment properties that fit your budget, and yield revenue that goes beyond simply breaking even.
Indianapolis Investment Properties For Beginners
For those new to the commercial real estate arena, finding an investment property in Indianapolis may seem overwhelming. There are so many to choose from, but finding the right Indianapolis investment properties is simply a matter of lining up specific criteria. First, you need a budget. Figure out how much you are willing to spend to purchase a property, and how much you are willing to put in for renovations. When choosing Indianapolis investment properties, do not forget to check out other comps in the area. This will give you an idea of how much you can sell or rent out a property for while still being competitive. All of these variables intersect at a point where your finances and return on investment should be in order to make a successful property investment in the Indianapolis area.
For Seasoned Professionals
Established professionals in the commercial real estate market have a wider range of properties to choose from in Indianapolis. Fix and flip projects and multifamily rentals will always bring in a reliable source of income. However, there are some local property investors who are aiming just a bit higher. Office buildings, retail space, shopping centers, hotels, and motels are the next step up, and bring in much more revenue than residential investment properties. Whether purchasing already existing Indianapolis investment properties, or building a development from the ground up, it is important to scope out the area to see if the potential clientele exists. It is also important to see what financing options are available, since traditional lenders still view commercial real estate markets as “too risky” for loans.
Financing Investment Properties
There are many financing options available for Indianapolis investment properties. For beginners, a combination of conventional loans, SBA loans, or bridge loans can cover expenses efficiently and affordably. For larger transactions, mezzanine financing, equity loans, blanket loans, and even construction financing may be in order. At Liberty Commercial Capital, we offer a wide range of financing tailored to property markets in Indianapolis, IN. Contact our offices today to get started.