Bucks and Montgomery County Hard Money Lender

One of your first priorities when buying a house as an investment property is choosing a lending solution that makes sense for you. It’s important to do your due diligence and understand all of your lending options. For instance, did you know that most Montgomery County hard money lenders only lend 60-70% of the purchase price? Also, many hard money lenders in the Philly suburbs charge prepayment penalties and back-end fees.

Rehab Financial Group is different. We fund 100% of the purchase price and rehab costs for qualified investors, and charge no prepayment penalties, early exit fees, or back-end points.

To learn more about lending options, read Chapter 3 of our helpful flipping resource, Flipping 101: “Getting Rehab Funding Right.”

After you choose a lending solution, your next priority will be determining what area to invest in.

We reached out to local real estate expert, John Rittenhouse, to get an expert’s opinion on the top three areas in Bucks and Montgomery Counties to invest in real estate. We also asked him to rank each area on a scale of 1-10 on its potential for investors to make a profit.

Check out his top picks and their profitability potential below.

Real Estate Investing and Hard Money Lending in Montgomery County

John’s Advice:

Bucks and Montgomery counties continue to grow and expand. Home values in the suburbs are lower than they were 5-10 years ago. The current market is experiencing the greatest shortages of inventory that we have seen in the last decade. This makes Bucks County a fantastic sellers market.

With low inventory in the suburbs, buyers are flocking to open houses and making offers above listing price which leads to bidding wars. All of these things are promising signs for real estate investors in Bucks County.

Top 3 Areas To Invest in Bucks and Montgomery Counties

Hatfield

Profit Potential = 9/10

Hatfield is a quaint borough in Montgomery County, about 30 miles north of center city Philadelphia. Buyers continually flock to Hatfield because of easy access to the Pennsylvania Turnpike, interstate 476 and the Doylestown Septa line, making it convenient for commuters. In addition to the commuting options, the Hatfield area offers great schools and a median single family home price of $282,000.

These factors combined mean that there will be no shortage of buyers in the near future.

Souderton

Profit Potential = 9/10

Souderton is a borough of about 7,000 people located in Montgomery County. It has easy access to interstate 476, which makes center city Philadelphia accessible for commuters. Souderton has schools that receive top scores and lower real estate costs ($259,000 median home price for single family homes), which make Souderton a perfect destination for young families.

Doylestown

Profit Potential = 9/10

Doylestown is a charming and historic town located in Central Bucks County. It’s located only 27 miles north of Philadelphia, and 80 miles southwest of New York City, making it a convenient middle ground for commuters in both cities.

With its bustling downtown shopping district, historic castles, museums, and fine-dining options, Doylestown has the amenities of a big city, but with a small town feel.

Doylestown is one of the more expensive suburbs for potential investors, with a median home price of $435,000.