Austin, TX (PRWEB) June 04, 2014
Leading residential real estate investor lending company, Visio Financial Services (VFS), along with Econohomes released findings today from a survey sent to hundreds of thousands of small investors, which indicates that investors will be diversifying strategies, showing flexibility in price points and seeking additional options for financing in the coming year.
The survey answers such questions as: are investors changing their strategies, and how; where are they investing geographically; how do investors plan to build their portfolios in the next year; and are their financing choices changing, and why. The full report can found at http://info.visiolending.com/visio_financial_2014_investor_report.
“As investors ourselves, we understand the needs of our customers,” said Jeff Ball, CEO of VFS. “Our database has been built over a near-decade with contacts from the more than 10,000 properties we’ve bought and sold, and the more than 2,000 loans we’ve originated. Although the results of this survey benefit us in our creation of new loan products and services, we hope this information also can assist investors as they fulfill their dreams of turning properties into possibilities.”
According to the February, 2014 survey, which included nearly 1,300 voluntary, non-paid respondents, the majority of investors who make up the marketplace are individuals, most interested in properties under $60,000. The results show that investors are adapting to changing market conditions by altering their strategies from exclusively flipping or holding and renting, to a mix of both. Currently, nearly 30 percent of those surveyed own at least seven properties, and an amazing 18 percent own 10 or more.
Not surprisingly, cash continues to be the main funding source for most investors; however, private financing also plays an important role, with flippers using private finance sources more often than investors favoring buy-and-hold strategies.
Visio Financial Services Inc., or VFS, is a national mortgage lender focused on the needs of local, residential real estate investors. Its mission is to provide fast, simple and dependable mortgage financing that assists investors in the redevelopment of distressed properties into quality, affordable homes. Econohomes purchases single-family residences and subsequently resells those properties, primarily to local investors. Having bought and resold nearly 10,000 homes since its inception in 2006, Econohomes, and now VFS, maintains a highly targeted, investor-focused approach, including the use of their proprietary contact database, distinct in the residential real estate market. Visit http://www.visiolending.com for more information.