The Importance of Relationships in Private Money Lending
Tuesday, January 22
is all about building relationships—building your network. This involves getting to know professionals in your industry and your discussing your investment with your circle of friends and family that may be looking for an investment. Another option is a hard money loan.Your net worth is network....
The Real Deal with Hard Money Lenders
Tuesday, January 22
When you hear “,” you might think of loan sharks that will charge you high interest rates and then when you don’t pay them back, they will come steal your property—but that is just in the movies.In real life, are key in financing many different types of real estate. They are especially known for...
How to Get a Small Business Loan in 4 Easy Steps
Tuesday, January 22
Entrepreneurs usually need to . However, clinching the funding can be quite the task. Here are 4 easy steps to get your business loan.1. Ask yourself why you need the money? Is it for start up costs, managing daily expenses, bringing on new employees or to grow your current business? You will nee...
Regulations of Vacation Home Loans
Tuesday, January 22
You have finally figured out how to get that lake house you have dreamed of for years. You can rent it out when you are not using it—genius idea! But, hold on because traditional lender rules may not allow that deal to come true.The first thing you must know is there are different mortgages to fi...
Why 100% LTV Financing in Arizona Is Hard to Get
Tuesday, January 22
is not impossible to get, but it can be challenging.Hard money lenders are typically disinclined to approve 100% financing on a deal. It is unsettling, to most lenders, when a borrower requires 100% financing. There are 3 main reasons that most lenders won’t approve 100% financing.1. The borrowe...
Top 3 Niches Arizona Private Money Lenders Love to Fund
Tuesday, January 22
Defining a preferred niche when you’re in real estate investing can help you establish yourself as an authority, which leads to better deals and more sales. Being in a preferred niche can also help when you approach , provided you’ve chosen your market wisely.1. Single-Family Fix-and-Flips: Going...