SkyBeam Capital Blog | Real Estate Investment Learning Center

Borrower Success Story - First Time Success in Decatur, Georgia

Written by SkyBeam Capital | April 11, 2023
 
At SkyBeam Capital, it's our priority to make sure all of our projects become success stories. If you want your story to be featured, let us know!

 

Meet the Investor: Background and Ambitions of a Real Estate Professional

I'm a Real Estate Investor in the Atlanta area and surrounding markets. I invest in real estate through fix and flip and also long-term rentals. This was my first deal and first time applying for a hard money loan. I successfully used the loan for my very first flip.

What Drives Your Passion for Real Estate Investment?

I'm investing in real estate because it's always been a dream of mine and it's what sets me on fire. It's a challenge and I'm always up for a challenge. I'm also investing in real estate for general wealth building.

The Journey to Finding a Profitable Real Estate Deal

I hired a realtor for help with finding my deal.

 

Addressing Challenges in Real Estate Ventures

Selling the house was the biggest challenge especially in the current market.

 

Project Highlights: Celebrating the Most Rewarding Aspects of the Real Estate Deal

The renovation and shopping process was my favorite part of the deal. My favorite part of the home is the bathroom renovations.

Reflecting on the Real Estate Experience and Future Improvements

Next time I would like to try and different contractor to search for better quality work and just take my time.

 

Insights for New Investors: Essential Advice for Starting in Real Estate

Prior to this deal I wish I knew the market would shift and cause me to have monthly payments that were hard to afford.

 

Why Partnering with SkyBeam Capital Made a Difference

My very first hard money loan and deal were smooth with SkyBeam. They will review your deal thoroughly to make sure you're not investing in a bad deal. I brought my deal to Eason and we closed in less than 2 weeks of my deciding to go with the deal. The draw release process was very quick and easy so that I can pay my contractors and purchase more materials. When I needed to make changes to my budget to make other renovations instead of what I had listed this was no issue with SkyBeam. The process was seamless. Thanks, SkyBeam.