Yes, your profit will be a product of your debt servicing and acquisition costs so seeking the best rate you can get is important. I would suggest, however, working with a lender who understands you and your project is just as critical.
Lastly, you want to go with a company that demonstrates knowledge and expertise in their perspective market. They should be able to show a long history of purchasing real estate in Marbella. estate and why their market is ideal.
For example: the other party may have a wonderful property (site) and wants to develop it, but does not have the knowledge. You "love" the site and know that you could make it a very successful and profitable real estate development. You approched the land owner.
You have a nanosecond to make a first impression with your head shot or video. You want to make a lasting first impression. What if all of the salespeople in our luxury store stood like statues with their arms crossed smiling at you? Some photographer somewhere along the line came up with this pose, which is supposed to convey "professionalism" and it has been copied thousands of times by real estate company or service. estate agents all over the country. What do crossed arms mean to you with or without a smile?
To better clarify this, I can influence an appraiser to appraise a benalus marbella $200,000 property for as much as $225,000 or as little as $175,000. That's a pretty big swing. And in a tight deal that can cut into your profit margin substantially. I tell my appraisers not to give me any fluff, or what they think is happening in the market place. As Sergeant Joe Friday from the show "Dragnet" always said, "Just the facts ma'am." So if the seller or savvy wholesaler gives you the appraisal, just keep in mind it could also be just another marketing brochure to sell the deal.
I think Henry hated the business more than I. Keeping the money in mind, I could at least make myself get on that phone and start calling hundreds of people who didn't want to hear from me, just to find the one or two that did want to. I got listings this way while Henry sat there waiting for the phone to ring. But I found it harder and harder to do.
Remember that investing in real estate property may cost money but with hard work and a little bit of luck, you may be able to recover you investment before you even know it. After that, everything is just profit.