A lot of hard money lenders can work with real estate investors to support their BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, and Repeat. Investors get funding with flexible terms that can be no upfront points or a reasonable interest percentage.
The key to making this strategy successful is to buy properties under market value so you can have a higher ARV. The results, however, will depend on your abilities to find good deals, analyze the investments, and manage the properties, but it’s definitely a great strategy you can use, especially when you’re looking to grow your property rental portfolio.
Are you wondering if Kissimmee, Florida is a good place to invest in a property? If so, we gathered some facts below that will answer your question.
Kissimmee is a good option to invest in since it’s part of Osceola County and has a population of 72,717. Recently the job growth was 3.88% and the per capita income was $18,974.
This city has a rich culture and that’s why it has many important places like Colonial Estate, First United Methodist Church, Monument of States, and Kissimmee Historic District. Each with a different historic value that residents preserve very well.
If you’re looking to purchase a home in Kissimmee, you should know that the average home value is $212,516 and rent is around $1,478 per month.
Interesting Places to Visit in Kissimmee
- Fun Spot America
- Kissimmee Lakefront Park
- Shingle Creek Regional Park
- Johnson University Florida
- Osceola Technical College
There are some economic incentives that the City of Kissimmee offers as a way to increase job growth within the community.
City of Kissimmee New Business Incentives
- Fast Track Permitting Process.
- Mobility Fee Exemption.
- Demolition Services Incentive.
- Building Life Safety or ADA Retrofit Rebate.
- Kissimmee Utility Authority Commercial Line Extension Fee Waiver.
- Free Kissimmee G.I.S Consolidated Mapping Information.
Kissimmee Residents’ Education Levels
- 84.2% are High School Graduates or Higher
- 18.4% have a Bachelor’s Degree or Higher
Here’s a list of hard money lenders in Kissimmee, Florida that can help you with loan programs and amounts that range from $10,000 up to $100,000,000.