Tips For First Time Real Estate Investors! #realestate #realestateinvesting

There is a list of mistakes that I see across the lending industry. This is for both new and experience investors however, our experience investors at least know some of the ropes. Among new investors, I see that they just want to make the deal get done so they might make their construction budget really skinny in order to get the deal approved. Getting approved is cool and so is getting construction draws right? However, defaulting on a loan or having to come out of pocket with cash to finish the project is a lot less fun. Save yourself and add in 5 to 10% on your construction budget to account for small cost that could ultimately blow up the project if you’re not aware of them.  If you’re looking to acquire financing for your investment property or commercial real estate email me at mylesj@vicapitallending.com or shoot me a text at 404-450-5526 #realestate #investor #lending #privatemoney

Added 21 Apr 2026