Not all people who do rehabs turn it into a profitable enterprise. However, those who do use loans to flip houses and get rich doing it have a few tricks they apply to every project.
1. They work wit...
Why Hard Money Loans are Interest-Only and What that Means to You
One of the biggest questions people have is, “Are Arizona Hard Money Loans interest only?” Generally speaking, they are, but you should know the benefits and pitfalls before jumping in.
One of the mo...
Top 5 Reasons People are Denied Arizona Business Loans
Roughly 77% can’t get Arizona Business Loans and lines of credit at all or in meaningful amounts. If one or more of them is holding you back too, you still have financing options.
The Small Business ...
HARD MONEY LOANS ARE A GOOD OPPORTUNITY FOR BORROWERS WITH BAD CREDIT
If you have damaged credit and want to get a home loan you have options available to you.
Traditional bank home loans are fully dependent upon the borrower’s credit-worthiness and income to qualify f...
ALL ABOUT RENOVATION LOANS
You have heard about fix and flips—buy a house, renovate it and sell it for a profit. The first step is find a property—the next step is financing.
You find a property at a great price in a good l...
EVERYTHING YOU NEED TO KNOW ABOUT HARD MONEY LOANS
There’s a lot to know when you are considering taking out a hard money loan.
Hard money lending rates, which are also known as private money loans, are set by each individual lender. These rates ca...
ALL ABOUT PRIVATE MONEY LENDERS
Private money lenders issue short-term loans for investment properties. These lenders are non-institutional lenders that are sometimes referred to as “hard money lenders.”
Private money lenders ...
WHY USE HARD MONEY?
Why would anyone need a hard money loan and what is the difference between a hard money loan and a traditional loan?
Hard money lenders take a different approach than traditional lenders. Whil...
THE BASICS OF HARD MONEY LOANS
In simplest terms a hard money loan is a way to borrow money without using a traditional lender.
If you have ever gone through the approval process of a traditional lender then you are already awar...
Fix and Flip Vs Buy and Hold
When you come across a property to use as an investment you’ll have to decide whether to fix and flip or buy and hold. Here are some reasons why fixing and flipping using an Arizona hard money lender ...