colorado: Self Employed? Here's How You Can Still Get the Loan You Need - 02/19/19 12:51 PM
Think you can't get a home loan if you're self-employed? You actually can, and it's easier and cheaper than you might think. Let's look at Colorado Self-employed Home Loans.
In the old days before the recession, you could walk into a bank, verbally tell them how much you make, and walk out approved for a home loan. These days, things have changed. Of course, this is generally a good thing — it will keep people who can't afford to make payments from taking on too big of a house. This, in turn, should keep the housing market from disintegrating the way … (0 comments)

colorado: Get in on a Hot Industry with Cannabis Loans - 02/19/19 12:46 PM
With more and more states legalizing marijuana for recreational and medicinal use, the cannabis industry is exploding. Learn how to get in on this burgeoning industry with Colorado Cannabis Business Loans.
Today, marijuana is legal for recreational use in nine states and is legal for medicinal use in 30 states, including Colorado. If you're looking to get into the business, there are a few steps you can take first.
Find out if your county or city is currently allowing applications for licenses. Because the government is trying to control the number of new cannabis dispensaries that pop up, some cities and … (1 comments)

colorado: What's the Difference Between Hard Money and Other Construction Loans? - 02/19/19 12:41 PM
Just like the real estate business, the lending business has changed a lot over the last several years, but one thing is always constant: investors need funding for their construction projects. So which route should you go: conventional bank loans or Colorado Hard Money Construction Loans? Let's look at which one is best for you.
Here's what you need to consider when you're looking at a traditional or a Colorado Hard Money Loan for a construction project:
How fast do you need your money? When you're building, sticking to the budget and schedule are two of the most important elements to success. … (0 comments)

colorado: What are Buy and Hold Loans? - 02/19/19 12:36 PM
Most real estate experts will tell you that Colorado Buy and Hold Loans are a great investment strategy that can transform your portfolio. But what exactly is "buy and hold" and is it a good idea for you?
Buy and hold real estate is pretty straightforward. In fact, it's exactly what the name implies — you buy a property and then hold on to it for a period of time. Most investors choose to rent the property out while they're holding it and then sell it once it's appreciated to a certain point. For the right piece of property, it's a win-win; … (0 comments)

colorado: The Difference Between Banks and Colorado Private Money Lenders - 02/19/19 12:31 PM
When you're attempting to get funding for a fix-and-flip or a new business property, is it better to go with a bank or a Colorado Private Money Lender? The answer depends on a range of factors, so let's look at some of the pros and cons.
Banks can offer lower interest rates. Why? Two reasons. First, banks have tons of retail customers who deposit their money into savings and checking accounts. They pay their customers very little in interest (almost always under 1 percent), so they can afford to lend out funds at a lower rate. Additionally, banks can draw on federal … (0 comments)

colorado: Here's How to Figure Out Your Loan-to-Value Ratio in Colorado - 02/19/19 12:26 PM
Looking for funding for a fix-and-flip or a refinance? Your loan-to-value ratio in Colorado is incredibly important. Here's a simple way to figure it out.
If you've ever searched the internet to look for funding to buy a home, a commercial storefront, or an income property, you've probably come across the term "LTV." The mortgage industry is full of confusing code words and abbreviations. For newcomers, being inundated with this jargon can feel intimidating. Like most things, though, once you cut through some of the dense vernacular, it's not as complicated as it seems.
As an example, let's break LTV down right now. … (0 comments)

colorado: Winning the Real Estate Game Using Colorado Hard Money Loans - 02/19/19 12:21 PM
It IS possible to play — and even win — the real estate game using Colorado Hard Money Loans. Here's a rundown of who they work for and why they can be a better choice than conventional bank loans.
Traditional bank loans and Colorado Hard Money Loans differ in a variety of ways, and those differences give borrowers a diverse range of options from which to choose when they need funding. Let's look at some of the most important distinctions:
Because they have complex underwriting and tough regulations to abide by, banks love to do paperwork. They will check your credit score … (0 comments)

colorado: How to Make Money with Owner Occupied Colorado Hard Money Loans - 02/19/19 12:11 PM
Owner-occupied Hard Money Loans in Colorado are fantastic for real estate investors who are just starting out but have dreams of making a big splash. Here's how to leverage one to dip your toes into the real estate biz.
A lot of people love the idea of getting into real estate investment. After all, it's a great, time-honored way to build wealth. Many back down, though, when they see how expensive it can be to get started. That's where owner-occupied loans come in. They offer dreamers with a bit of entrepreneurial spirit the opportunity to build, even when they don't have … (0 comments)

colorado: How a Bridge Loan Saved This Colorado Family - 02/19/19 11:59 AM
Can a loan help a family find a safe haven? This is the story of John and how a Colorado Bridge Loan helped his family survive a tough road.
Everything was going great. John graduated from high school at 16 and college at 19, an accounting wunderkind, and landed his first job in finance at the tender age of 21. Soon after, he met Mary and fell madly in love. After a wild few years of travel and exploration, they settled down. First came Alex, a precocious boy with a shock of blonde hair that gave him movie-star good looks in … (0 comments)

colorado: Do Colorado Hard Money Loans Affect Your Credit? - 02/19/19 10:39 AM
Because Colorado Hard Money Loans are private loans that operate outside the traditional banking system, we get this question a lot around here: will a Colorado Hard Money Loan affect my credit? Let's break it down as clearly and succinctly as possible.
The answer to this question comes down to the differences between a conventional bank loan and a Colorado Hard Money Loan. When you get a common mortgage or loan through the bank, they will run your financial life through a system of checks to see if you're the type of person who will pay the loan back. This will … (1 comments)

colorado: Texas Fix and Flip Loans: Properties You Should Never Finance - 02/15/19 09:27 AM
Don't get overexcited if you spot an online listing you'd like to flip and the profit projections look great on paper. There are specific properties that might never qualify for Texas Fix and Flip Loans, and even if they are eligible, there are certain deals you should avoid.
When it comes to flips, you want properties that will qualify for financing that is unless you've got hundreds of thousands stuffed under your mattress, and above all, you want properties that will sell and sell quickly.
If you can't flip a house within a few months, you could be on the hook for a … (1 comments)

colorado: Getting Colorado Hard Money Loans for Medical Marijuana Dispensaries - 02/15/19 09:20 AM
Medical marijuana programs are now legalized in a number of states in the United States. Many times, Colorado Hard Money Loans are the best option to fund dispensaries participating in these programs.
In his youth, Jerry served in the military completing a Gulf War tour and earning a purple heart. In the early-1990s, he returned to his home in California with post-traumatic stress disorder and chronic back pain. For many years he suffered from these conditions and struggled finding a form of consistent relief. By the mid-1990s, there were legal changes to cannabis, which came to Jerry’s attention. Medical Marijuana was soon … (1 comments)

colorado: Find Colorado Private Money Lenders for Flips - 02/15/19 09:14 AM
Colorado Private Money Lenders are here to help you eke out a living through profitable investment. Talk to your private money broker at Level 4 Funding for more information.
John Meredith was a car salesman. He worked 10 to 12 hours a day talking to the interested customers in his small town. Every morning, he woke up to the Arizona sun gently entering his window. Every morning, he ate the same breakfast comprised of three eggs. With his shoes covered in a fresh coat of polish and his shirt ironed, every morning he’d make the same 20-minute drive to work.
Opposed to the … (1 comments)

colorado: Buy a New Home Before Selling - Get a Colorado Bridge Loan - 02/15/19 09:08 AM
A Colorado Bridge Loan can help you capitalize on opportunity. It lets you establish financing to acquire a new home without selling the older home in a matter of days, possibly less. This is great news, for many who would not be able to acquire the right property—should they be left to conventional lending institutions and their stringent underwriting processes.
2018 has brought with it an accelerated real estate industry: an upward trend in the market and a multitude of eager buyers at hand. The result has been a shortage of available homes across the board, a pressing demand for available homes, … (2 comments)

colorado: Make Money with Colorado Rental Property Loans: Rental Trends 2019 - 02/15/19 09:02 AM
Overall, the experts claim that now is a good time to invest in the rental market. For many, investment in rental property requires a lending source. Conventional lenders for many are out of the question or incapable of meeting the demand of real estate investment. Hard money is the favored alternative for real estate investors. Hard money Colorado rental property loans are able to help you take advantage of the rental market.
Trends in rental property investment:Many people are renting rather than purchasing homes: Millennials are a substantial cause of the rise in renting. Many look back to the Great Recession as … (2 comments)

colorado: Colorado Private Money Lenders: Institutional v. Non-Institutional - 02/15/19 08:54 AM
Colorado Private Money Lenders are considered non-institutional because their funds do not come from the Federal Reserve, but rather the pockets of individual investors. Due to this, Colorado Private Money Lenders are less restricted by federal mandates. With fewer restrictions, they can loan to individuals with rotten credit, non-conventional income, bankruptcy, delinquencies, and foreclosure history.
Colorado Private Money Lenders are investors. In order to invest, they pool together large sums of money, multi-million-dollar sums or greater. Some private investors have access to personal wealth and invest individually, other private investors are part of an investment group who together pool sufficient funds in … (0 comments)

colorado: Start a Legal Cannabis Business with Arizona Hard Money Loans - 02/15/19 08:36 AM
The future is green. The sale of legal cannabis in the US is a multibillion-dollar industry poised to become an economic titan. Revenues from medicinal marijuana continue to grow. Take advantage with Colorado Hard Money Loans.
Here’s a quick history lesson: In 1937, the Federal Government passed the Marijuana Tax Act banning recreational use of cannabis, not necessarily medicinal. By 1970, the feds passed the Controlled Substances Act federally banning both recreational or medicinal use of marijuana. Between the 1970s to now, the year of our Lord MMXIX, cannabis laws have seen astronomical changes. Namely, many states have decriminalized, legalized, or medicinally … (1 comments)

colorado: 3 Reasons to Get a Commercial Bridge Loan in Colorado - 02/15/19 08:27 AM
Where months of paperwork may be required on the conventional end of the lending spectrum, a Colorado Bridge Loan offers speed and adaptability capable of capitalizing on market fluctuation, supply, and demand. It is the carpe diem loan—Seize your opportunities!
A commercial Colorado Bridge Loan is temporary, with a duration lasting between three to twelve months. Opposed to long-term funding agreements which can span years, a commercial Colorado Bridge Loan is concerned with providing short-term financing for acquiring assets. The word bridge indicates an intermediary period between hard money and conventional lending; since Colorado Bridge Loans are expensive, borrowers tend to enter … (0 comments)

colorado: Pros and Cons of a Colorado Bridge Loan - 02/15/19 08:19 AM
Conventional lenders take ages to guarantee financing. Sometimes, a long time is too much time. A Colorado Bridge Loan is acquisition power. Get it—and get it fast!
A Colorado Bridge Loan is a short-term loan. For the most part, it helps individuals secure a new home before their old home sells. For example, in a favorable housing market, the Smiths need to sell their home and move to a new area. They search for new homes. It just so happens, they find the perfect house in the perfect neighborhood. Near work. Next to the kids’ school. Great, right? Maybe. It’s a coveted … (0 comments)

colorado: Colorado Private Money Lenders Aren't Private, Here's Why! - 02/12/19 10:34 AM
Colorado Private Money Lenders are an open book, answering questions and explaining the Colorado Hard Money Loan process so you can feel comfortable with your loan terms.
Gone are the days of dodgy hard money lending. Today’s Colorado Private Money Lenders are up front with what they have to offer, the fees associated with using a Colorado Hard Money Loan, and why or why not it would be the right option for you.
Colorado Private Money Lenders can fund investment opportunities based on different criteria than big banks can and because of that are a great way for people to get the money … (0 comments)

 
Mark Gowlovech (HomeSmart) Rainmaker large

Mark Gowlovech

Phoenix, AZ

More about me…

HomeSmart

Address: 22601 N 19th Ave Suite 112, Phoenix, AZ, 85027

Office: (623) 582-4444

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog