Why Speed Matters When Buying Investment Properties
Have you ever found a perfect house to buy, but then lost it because you couldn't get your money fast enough? In the world of real estate investing, being slow can cost you great deals. Let's talk about why speed is so important when buying investment properties and how you can move faster.
The Early Bird Gets the Property
In real estate, especially for good deals, time is super important. The difference between getting a property or losing it can be just a few days or sometimes even hours!
Think about it like this: Imagine you and ten other people spot a $20 bill on the ground. Who gets it? The person who moves fastest!
Good real estate deals work the same way. When an underpriced property hits the market, investors who can act quickly have a huge advantage.
Why Some Properties Need Quick Buyers
Not all properties are sold in a slow, calm way. Some need to be sold quickly because:
The owner needs money fast
The property might be foreclosed if not sold quickly
The owner is moving and can't have two house payments
There's a problem with the house that's getting worse
The seller has already bought another home
The property came from someone who passed away and the family needs to settle the estate
These situations create opportunities for investors who can move fast.
The True Cost of Being Slow
Being slow doesn't just mean missing out on a property. It can actually cost you real money in several ways:
Lost Deals
The most obvious cost is simply not getting the property. If you find a house that could make you $30,000 in profit but lose it because your funding is too slow, that's $30,000 gone.
Increased Purchase Prices
When you can't act quickly, you often end up in bidding wars. This means paying more than you would have if you could have made a fast, strong offer right away.
More Competition
The longer a good deal sits on the market, the more investors see it. A property that gets three offers on day one might get fifteen offers by day seven.
Wasted Time and Research
When you spend time researching a property, running numbers, and planning a project, only to lose the deal because of slow funding, all that time was wasted.
Real Example: The House on Maple Street
Let's look at a real example (with names changed for privacy):
A three-bedroom house on Maple Street was listed for sale at $140,000. Similar fixed-up houses in the area sold for around $220,000.
John found the property and estimated it needed about $30,000 in repairs. This meant a potential profit of $50,000! He applied for a bank loan, which would take 30 days for approval.
Meanwhile, Lisa saw the same house. She had arranged private funding through Unfeigned Capital beforehand. She made an offer the same day with proof she could close in 7 days.
The seller chose Lisa's offer, even though John later offered $5,000 more. Why? The seller needed to close quickly to avoid foreclosure on another property.
Lisa made a great profit, while John missed out completely—all because of speed.
How Can You Move Faster?
So how can you be the quick buyer who gets the good deals? Here are some tips:
1. Have Your Funding Ready Before You Find Deals
Don't wait until you find a property to start looking for money. Have your funding sources lined up in advance.
2. Use Private Lending Instead of Traditional Banks
Private lenders like Unfeigned Capital can often fund deals in days instead of weeks or months. Yes, the interest rate might be higher, but getting the deal often makes up for that cost.
3. Build a Quick-Response Team
Have inspectors, contractors, and other professionals ready to check properties quickly when you find them.
4. Know Your Numbers
Before looking at properties, know exactly what you can afford, what repairs will cost in your area, and what your maximum offer can be. This lets you make decisions on the spot.
5. Use Technology to Your Advantage
Use apps and online tools to analyze deals quickly. Take videos of properties so your contractors can give rough estimates without visiting.
How Unfeigned Capital Helps Investors Move Fast
At Unfeigned Capital, we understand that speed matters in real estate investing. Here's how we help:
Pre-approval process so you know your funding limit before finding deals
Simple application process with minimal paperwork
Decision-making in hours, not weeks
Funding available in as little as 3-5 days
Focus on the property's value rather than just your credit score
Direct communication with decision-makers
Is Faster Always Better?
Being fast doesn't mean being careless! You still need to:
Inspect properties properly
Run accurate numbers
Have backup plans
Understand the risks
But when you have your systems in place, you can be both fast AND careful.
Next Steps
If you're tired of losing good deals because of slow funding, let's talk. Contact Unfeigned Capital to learn how our private lending solutions can help you move at the speed required to get the best investment properties.
Remember: In real estate investing, the slow bird doesn't just miss the worm—it misses the profit!
