This month our featured investor is Frank Ortiz of FraMar Realty, Inc. Frank has been thriving in the housing industry since 1979. He started his career as an architect, and since moving into property investment, he has put his architectural skills to work on fix and flip projects. Frank is a licensed real estate broker in both California and Florida. He is also a licensed contractor in California and Arizona. Frank’s impressive set of design, technical, and real estate skills have contributed to a long and successful career in the property investment industry.
Frank used to focus on fix and flip investments, but this year he has changed his focus to buy and hold real estate opportunities. As Frank puts it, “The market has become very tight. Inventories are still very low, and REOs have become a thing of the past. When it comes to the house flipping market, I feel like the party is over for now.”
Partnering with ZINC Financial, Frank has begun investing in rental real estate properties, which are looking extremely promising as we move into 2014. Like many other ZINC Financial clients, Frank has found that with home prices still on the rise and more and more people interested in renting homes rather than buying, buy and hold investments offer some of the best opportunities for high ROI.
We asked Frank why he chose ZINC Financial as his private money lender, and he said, “Working with ZINC has helped me get back in the buying and selling of real estate. I had some unfortunate issues qualifying for rehab loans with other lenders, but ZINC gave me a second chance. Their commitment to helping their clients throughout the loan process has made it much easier for me to acquire properties and grow my investments.”
Learn more about Frank’s story and about why this year is the perfect time to invest in buy and hold opportunities by calling ZINC Financial today at 559.326.2509.