Dallas hard money lender

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Longleaf Lending is a Texas-based, local hard money lender serving real estate investors in Dallas, Texas. We offer fix and flip, new construction, long-term rental, and multi- family bridge loans for Dallas investment property.

Is Dallas a good place to invest in real estate?

Check out our in-depth post about investing in Dallas real estate in 2023.

Located in North Texas, the DFW is the largest inland metropolitan area in the United states and the fourth largest metropolitan area by population, boasting a population of 7.5 million people.

Also called the Metroplex, DFW spans 11 counties (Collin, Dallas, Denton, Ellis, Hunt, Kaufman, Rockwall, Johnson, Parker, Tarrant and Wise) and is economic hub of North Texas.

The principal cities of the Metroplex include Dallas, Fort Worth, Arlington, Plano, Irving, Denton, Grapevine and Richardson.

Dallas and Fort Worth were developed as a major railroad transportation hub to move cattle, cotton and oil from North and East Texas. DFW serves as major transportation hub with 4 interstate highways and one of the busiest airports in the world, the Dallas/Fort Worth International Airport.

DFW boasts a diversified economy, home to 24 Fortune 500 companies, ranking 3rd behind New York City and Chicago. DFW’s economy has strong footprints in the following industries: banking, commerce, insurance, telecom, technology, energy and transport/logistics.

Notable companies headquartered in DFW include: Exxon Mobile, McKesson, AT&T, Energy Transfer, American Airline, CBRE Group, Southwest Airlines, D.R. Horton, Builders Firstsource, Celanese, Kimberly-Clark and Tenet Healthcare.

Quick Glance: Real Estate Investment in Dallas

Median Sale Price $345,000
Median Days on Market 37
Sale-to-list Price 97.4%
Median rent (1BR) $1,461 (via Zumper)
Median Rent (2BR) $1,999

Best Areas in Dallas to Invest in Real Estate

  1. Irving: Irving is an inner-ring suburb of Dallas home to eight Fortune 500 global headquarters and 53 offices. Known as the “headquarters of headquarters,” Irving leads the nation with the most corporate headquarters per capita.
  2. Richardson: Richardson is another landlord’s dream. Home of the University of Texas at Dallas, a steady stream of students sustains demand and keeps vacancy rates low. Richardson is also fairly close to two major companies — the Toyota plant in Plano and the new AECOM global headquarters in Far North Dallas.
  3. Frisco: Frisco is a family-friendly suburb directly north of Dallas. Ranked one of the best places to live in DFW, Frisco topped the list of fastest-growing Texas cities from 2010 to 2020.

See more in our article How to Buy Investment Property in Dallas in 2023.

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