Showing posts from November, 2018

No Money Down Arizona Fix and Flip Loans: Advice for New Investors

If you are new to be flipping business, you may have heard the prospect of no money down Arizona Fix and Flip Loans. You may be thinking "hmmm,  I can get into the flipping business without spending any of my own money, well sign me up!"  You can use three methods to pay nothing out of pocket for your next flipping project, wholesaling, private money and hard money.Let's talk about wholesaling first. The Easiest way to explain the process is you sell the option to purchase the house to another investor. You don't spend any money; you secure a purchase contract with a buyer  and before the date on the purchase contract comes around you sell off the option to purchase the home to another investor. Wholesaling is not a good option for someone who is new to the rehab business.  A good wholesaler knows how to find the most attractive houses to flip, can compete with full cash offers to secure a bid and above all, they are in contact with a network of other real estate inv…

Hard Money Arizona business loans: A Tale of Two Businesses

When it comes to Arizona hard money loans you take out for your business, consider carefully, whatever your pledging.Sally Jones lives in a beautiful picturesque tourist town, where she owns and operates a restaurant.  Then the especially ponderous local city council demands Sally make some extensive cosmetic changes to the exterior of her restaurant, “to preserve the historic character” of the neighborhood they say. If she doesn't make these changes, she will have to shutter her business right in the midst of peak tourist season.She needs money yesterday. She's heard about hard money does a quick cursory search online,  to find a "hard money provider," and the one she finds offers her a merchant cash advance instead.  She doesn't think much of it, applies, and the money quickly comes in. She makes the necessary cosmetic changes. Business goes well extremely well during tourist season. However, the loan she took out was paid back with 40% of all her profits.  She…

Fix and Flip Loans: Exit Strategies.

You are in the flipping game, and you're just brimming with hopeful expectations about your next project. The house is a diamond in the rough, and in your capable hands, you will polish it into a sparkling gem. You are ready to apply for a loan, but what if things don't quite go according to plan? With Arizona fix and flip loans its best to have an exit strategy in mind before you even apply.Finding the right opportunity isn't everything the flipping game, in fact, it might be even more critical to plan ahead in case things go wrong. Don’t be overconfident going into your next deal. No matter how beautiful the renovations you intend to make or how splendid profit your projections look on paper, math and reality don't always line up. When it comes to flipping, there are two classes of exit strategy: preemptive and "well that sucks," strategies.Preemptive Exit Strategies for Arizona Fix and Flip LoansA preemptive exit strategy involves you getting out of a deal…

The Real Deal: Arizona Private Money Lenders Connect with Clients in an Era of Red Tape

Understanding Arizona Private Money Lenders and their relationship with both lenders and investorsArizona Private Money Lenders are individuals or investment groups that are not backed by an official financial organization. They are not banks and they usually do not advertise to the public. Instead, on a word-of-mouth basis, Arizona Private Money Lenders lend money to individuals with whom they have a direct or indirect relationship. While some individuals believe that there is inherent risk in receiving loans from a private lender because they are not backed by an institution, others seem to find comfort in a person-to-person relation with a lender with whom they can talk and reason with individually. Arizona Private Money Lenders are investors of their own money and that of other investors. They pool a significant amount of money, find suitable investments and secure returns in the form of interest, equity, and property. Their goal is to eke out a growing profit stable enough to sup…

The Facts About Arizona Rental Property Loans

Get more returns with Arizona Rental Property Loans.First off, property investment attracts investors wanting to use funding from a bank, instead pulling an ungodly amount of cash out of pocket. Do you have to be a million or billionaire? No. Not at all. You just need to secure the funding and provide a percentage of cash down to protect a lender should a foreclosure occur. This is great! To start leasing, you do not have to fork out a fortune to buy a $200,000 home along with the added cost of renovations, marketing, and the works. Instead, you rely on a lender: an entity that evaluates value, equity, and risk in order to fund you, the investor.Alright, you can get money from Arizona Rental Property Loans. So what. What does that get you? Well, “you gotta have money to make money,” and when it comes to property investment, you generally use Arizona Rental Property Loans to purchase real estate to build, fix real estate to sell, or renovate real estate to rent. If you have connections…

Earn More Money: Start an Airbnb Business in Arizona

How an Airbnb Business in Arizona may let you tap into rental income.In the beginning there were normal rental businesses, and normal rental businesses were the way to run things. Then God spoke. Airbnb emerged from the darkness, and its opportunities were good. Ground control to Major Tom—analog is dead, digital is here to stay. Airbnb has overwhelmed the traditional rental methods. It is now worth roughly 24 billion dollars!! A fancy app, a clean UI, and a myriad of positive ratings have seduced users into booking low-cost, well-placed, and amenity-packed locations. Are you willing to harness its power and tap into the money? Wait? You can make money using another business? You could, say, purchase a conveniently located property and then, you know, rent it out on an app to people who want to stay there? Sure. You can just as many other people have.So, how do you do it? Well, Arizona Hard Money Loans appear to be the answer to funding your side business because conventional lenders …