ARCHIVED BLOG POSTS

2019 

If you have tried to be approved by a bank, but keep getting denied—what can you do?Are you ready to get out there and crush it in the real estate game? The first thing you must do is be approved for the financing of your project. Your creditworthiness may be enough for financing, but it may not ...
03/31/2019
Hard money loans and bank loans are the most common financing when it comes to real estate. But, what is the best loan for fix and flip projects? Depending on how many properties you are working with at a particular time will navigate what type of financing is necessary.Initially, new investors ...
03/31/2019
People often associate hard money with being hard to get. However, the “hard” relates to the hard asset that is used to secure the loan. The hard asset that is used to secure the loan is used in place of the borrower’s credit score or income—this is what traditional lenders use to determine a bo...
03/31/2019
An investor can use hard money for businesses, construction and fixing and flipping homes. There are potential investors that are uncomfortable with using hard money because of the higher interest rates. However, understanding the benefits of hard money can easily rid a borrower of that concern....
03/30/2019
You’ve probably heard the term “hard money lender.” But, what do they do? When do you need one? Situations will arise when you just need cash quickly. There are situations when borrowers don’t qualify with traditional lenders such as a bank. Let’s say you want to purchase a house in a relatively...
03/30/2019
The 2010 Dodd-Frank Act and other regulations have pretty much assured consumers that traditional lenders are not willing to provide speculative Arizona Construction Loans.However, unlike traditional lenders, Arizona Hard money lenders are eager to finance these deals. Even though banks were encu...
03/30/2019
“If you really want to do something, you will find a way. If you don’t, you’ll find an excuse.” — Jim Rohn Arizona Hard money lenders are your “find a way.” If you have real estate investment dreams and traditional lending won’t work—don’t find an excuse, find a hard money lender.Most people maki...
03/29/2019
Although not the easiest type of funding to pursue and acquire, these lenders do have some positive assets over the more conventional ones. Why not let your home or office building work doubly hard for you and solve your funding problems?A residential hard money lender is set up to provide what i...
03/29/2019
(Basically this kind of loan involves a buyer purchasing a home strictly to sell—flip, if you will—as soon as possible. Most of the properties bought are in need of renovation. Once done the house is put on the market and sold, hopefully, at a decent profit to the owner, who then can pay off thei...
03/29/2019
(All the ads—internet, paper and the current pain, robo calls—say they can solve your funding problems, no matter your past financial history, etc. Take the time and effort to find out if one of these could actually help you locate the money in order to make your current project into reality inst...
03/28/2019
Rainmaker
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Dennis Dahlberg Broker/RI 623-582-4444

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