Investing in Asheville Real Estate

Investing In Asheville Real Estate

The unique city of Asheville, North Carolina has even caught the attention of Forbes magazine. Indeed, Forbes listed Asheville as among the top 25 biggest boom markets in the United States. The gorgeous mountain city is one of the area’s most sound real estate investment markets. Boom markets aren’t a common occurrence, but Asheville is absolutely a boom market. Year to year, home prices in Asheville are jumping by as much as 15 percent!

Real Estate Properties In Asheville

Asheville has a wide assortment of properties available including the following:

  • Land for sale in Asheville
  • Asheville green homes
  • Historic homes of Asheville
  • Commercial properties
  • Condominiums

Asheville desperately needs more affordable housing by way of apartments or rental homes.

Homes that sold for $30,000 in the 1980’s are selling for more than a million now. That might not seem like a great market to invest in at this stage, but the market is only rising. If you’re going to get in on the Asheville real estate market for investing, you will need to be able to move quickly. Many investors are paying in cash. You may need to find funds so that you can compete in this market with money upfront.

Are You Looking for a Hard Money Loan to Flip a House Or Buy A Rental Property?

Paces Funding is a hard money lender offering hard money loans to purchase and renovate non-owner occupied residential and commercial properties throughout the Atlanta, Nashville, Florida, or the North and South Carolina metropolitan areas. Our application process for hard money loans is easy. Just fill out this very simple online form and you will be contacted shortly. Unlike other lenders, the window between applying and funding is very small. We have funded properties in as a little as one day, but typically funding hard money loans takes about seven to ten days.

Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value.