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You Need An Investment Property Loan To Get Started
Being just of college, degree in hand and experience working in your father’s real estate firm since you were a child didn’t mean anything to the big banks and the established mortgage firms. You need an investment property loan to simply get started in the business–do you want to deal with the firm across town that sets up through Arizona hard money?A bit of research pointed out that these loans are good for investors who have some money, but are not comfortable putting up everything to purchase a piece of property. You fit that description—you do not want to ask your father for money since he just spent a bundle on your college work and tapping into your trust fund is not a good idea – it needs some growth anyway.
Further reading advised when considering loans in this area, pay attention to all the details, fine print and adjunct clauses in order to know exactly what you are taking on, both pro and con.
An investment property loan via Arizona hard money does have its positive side, the first one being timing. Conventional lenders can take as much as six months to close a regular loan—private lenders, on the other hand, generally ... more

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