Posts

Showing posts from November, 2019

Arizona Fix and Flip Loans: Make the Most of Your Investment

Image
Arizona Fix and Flip Loans provide the cash, but you have to turn that cash into a quick turnaround by making your property a must have. Here’s how to make your property a must-have amongst buyers. Arizona Private Money Lenders will provide your Arizona Fix and Flip Loan , but what do you do once you’ve secured your investment property? Now you’ve got to actually perform the fix and the flip. Unless you have experience in home and interior design you may be at a loss for how to make your property stand out amongst the others on the market. Here are some tips on how to make sure you’re making the right design choices for your investment property funded by an Arizona Fix and Flip Loan . Stand out, get offers You don’t want your property to be so cookie cutter that there’s no differentiation between yours and the one down the street. Think about a red door that will attract buyers passing by. Splurge on the countertops so buyers don’t walk in and think about how much they’ll have to sp...

Mi Casa, Su Casa: Rental Property Loans

Image
You can make money purchasing homes that can be used as rental properties, giving you passive income. Arizona Hard Money Lenders give you the cash on an Arizona Rental Property Loan so you can purchase quickly Have you ever been a renter? Have you made monthly rental payments that went into the pockets of the home owner or a rental management agency? Being a rental property owner can be a lucrative business, but how do you get your hands on that first rental property if you can’t secure a big bank loan? Big banks aren’t the only way to get investment cash to purchase a rental property. Arizona Rental property loans can also be serviced by Arizona Private Money Lenders , also known as Arizona Hard Money Lenders. Rental property loans will allow you to scoop up investment properties quickly so you don’t have to front your own money to make the purchase. That being said, there are things that can stand in the way of you getting that funding to make the quick purchase before the perfec...

Should I Use a Private Money Lender? Your Questions Answered

Image
    Big banks are the go-to for large loans, but is that the right way to go? Arizona Private Money Lenders offer you accessibility, flexibility, and quick access to money. If you asked 10 of your closest friends who they would go through to secure a residential loan or car loan, you would most likely the names of some of the biggest banks in the nation and in the world. For most people their first home loan or first car loan were serviced by a big bank and people tend to be creatures of habit. If you don’t know much about Arizona Private Money Lenders you may be hesitant to seek out a loan from one. Below we will give you some facts about Arizona Private Money Lenders Phoenix borrowers trust and return to time and time again for their loan needs. We bypass the big bank red tape Is your credit perfect? Have you paid every car payment in the last 12 months on time? If so, that’s fantastic! But that isn’t reality for everyone. What do you do when your credit is less tha...

How to Choose an Arizona Hard Money Lender

Image
  Arizona Hard money lenders are loan companies who help you make the most out of your money. Here’s a step by step guide to choosing your hard money lender.) Your first question might be, “What is an Arizona Hard Money Lender ?” Let’s start there. Hard money lenders are, in so many words, banks that help you make more money using your own assets. Do you have property that you can use as collateral? Do you need money quickly? Traditional loans can take weeks or months to be approved and funded, but Arizona Hard Money Lenders know that you need money now so you can make more cash. They understand that your livelihood depends on timeliness and loan approval that won’t hinge on your credit score. So what are the things you should be looking for in an Arizona Hard Money Lender ? We’ve broken it down into 5 easy to follow steps to help you make that decision. Step 1: Do your research The best thing you can do is get to know the Arizona Hard Money Lenders in your area. There are plenty...

Spending Money to Make Money: Arizona Airbnb Loans

Image
  Earn passive income using an Arizona Airbnb loan to secure an investment property that can bring in money each month. Boost your chances of a higher monthly income with the right real estate investment and idyllic upgrades. Gone are the days of staying in seedy roadside motels, trying to score a last minute reservation in an expensive resort, or shacking up on a friend’s couch when you travel . Arizona Airbnb Loans , also known as rental loans, have changed the way we think of travel, and for homeowners it has changed the way we think of making money using property assets which no longer have to rely on long-term leases or high tenant turnover with occupancy-caused maintenance. What do you do if you don’t have an existing property to use? Of course you can rent out a room in your personal home, but why not rent out a whole home for more revenue and keep your privacy intact? Whole home rentals have a premium price and open up the possibilities for larger group sizes to use your pr...

CAN YOU GET A SMALL-BUSINESS LOAN WITH BAD CREDIT?

Image
If your credit has been damaged and you want to start a business—you can still get a small-business loan with bad credit . The biggest reason lenders turn down small-business applications is the borrower’s credit. Banks consider bad credit anything below a 620 FICO score. Because of their past, applicants with bad credit are considered a high risk for defaulting on loans. Have no fear—there are still options out there for entrepreneurs that need a small-business loan. HOW TO FIND A PRIVATE HARD MONEY LENDER There are lenders out there that will work with you to get a small-business loan with bad credit . There are lenders that will provide options for borrowers with shaky credit. Typically, they require a FICO score of at least 500. And, believe it or not, there are lenders that have no minimum score requirement. These lenders will look at your business and determine if it is strong enough to be successful thereby giving them confidence that you will repay the loan. A borrower with ...