hard money loans: Triple Your Income Using Hard Money Loans - 01/29/19 11:11 AM
 Supplement your income with real estate investments using Arizona hard money loans. Hard money lenders can help you get on the path to real estate success by lending you money at competitive rates. No matter how many figures you make, having multiple business ventures is always a good idea. If one of them fails, you always have another. Not sure where to start? Real estate can be an excellent way to add to your income, especially because the industry offers so many profitable options.
One-time Real Estate Profit Ventures
Building a spec home from scratch allows you to choose strategic design that will … (0 comments)

hard money loans: How Do Hard Money Lenders Stay in Business? - 01/29/19 11:04 AM
Ever wonder how Arizona hard money lenders make money? It’s not as complex as you might think. Although Arizona hard money lenders offer more consumer advantages than banks, they have similar inner workings. These two financial entities work to serve consumers, can lend money, and turn a profit in comparable ways.
Banks make money through interest and fees on their accounts and loans. Fees can add up, allowing banks to make great profits and stay afloat.
Arizona hard money lenders also make money through interest, but specifically loan interest. These lenders don’t have accounts, so their profits are mostly made through interest on … (0 comments)

hard money loans: When Should You Apply for an Arizona Bridge Loan? - 01/29/19 10:58 AM
 An Arizona bridge loan can be great for funding a new home purchase, but how do you know when to apply? Find out about Level 4 Funding’s Arizona bridge loan process and learn how to best time your Arizona bridge loan application. Moving is stressful, especially if you’re worrying about how you’re going to pay for your new home. That’s where Arizona bridge loans come in. These loans are meant to bridge the gap between buying your new house and selling your old one. Your loan helps you buy your new property, and then you can pay back the loan when … (0 comments)

hard money loans: What Arizona Commercial Hard Money Lenders Can Do for You - 01/29/19 10:50 AM
 Arizona commercial hard money lenders can help you invest or even start a business. See what you can buy with their loans and why you should choose them to finance your next property purchase. There’s a lot of money in real estate, and it can be wise to make some investments. Arizona commercial hard money lenders can help you purchase property up front to start your investment journey. This can be very helpful if you don’t have the money you need to buy a property at a given time, but you know you’ll be able to pay it back later.
Arizona commercial … (0 comments)

hard money loans: Running a Successful Apartment Complex: Our Best Tips - 01/29/19 10:42 AM
 If you’re planning to run an apartment complex, there are some things you should know. Keep reading to learn how to be the best landlord you can be with Arizona commercial real estate loans. A lot goes into running an apartment complex. You have to keep your residents happy by making repairs and maintaining amenities, and somehow also profit. That’s a lot to think about.
Here are some of our best tips for creating the best apartment complex in your area:Have useful amenities.
Pools, laundry rooms, gyms, and common rooms are all plusses for any apartment complex. Tenants want to know that their … (0 comments)

hard money loans: How to Work at Home by Taking Out Arizona Hard Money Loans - 01/29/19 10:20 AM
 Getting Arizona hard money loans to help you invest in real estate can really pay off. Investing wisely will get you on the path to being the best work-from-home landlord on the block.
It seems like everyone wants to work from home, and for good reason. You can make money without leaving your living room or getting out of your pajamas. It almost sounds too good to be true, but it’s actually a goal within reach.
Investing in properties by taking out Arizona hard money loans can make you a decent salary, and you can work toward managing it all from home. While … (1 comments)

hard money loans: How Much Do You Know About Hard Money Lenders? - 01/29/19 10:14 AM
 Arizona hard money lenders are great options for loans, but not everyone knows that much about them. Private lending is pretty simple and can save you time and money compared to banks. You should know that there are more options for your loans than just banks. Arizona hard money lenders can get you money quickly and easily without having to deal with banks’ complicated application processes. Private lending has several advantages over bank lending and is available all over.
If you’re looking for more information about private money lenders, check out some of these facts to become more familiar with the process.
Did … (0 comments)

hard money loans: Simple Strategies to Risk Less When it Comes to Fix and Flip Loans - 01/29/19 09:24 AM
 More and more are getting into the flipping business. Look at the statistics. In 2017, 207,888 single family homes and condos were flipped, the highest number of homes flipped since the pre-recession heyday of 2006. The average profit made per flip last year was $68,143. That's serious money. The recent rise in flips indicates that many new people are getting into the business and its likely most of them are making use of fix and flip loans to do so. Learn some mistakes you want to avoid when it comes to financing flips.
Financing flips is in no way similar to financing … (0 comments)

hard money loans: Hard Money Lenders: Finding the Help That's Right for You - 01/29/19 08:54 AM
 Hard money lenders offer real estate investors the flexibility needed to finance deals that other lenders avoid like the plague. Of course, not every lender is cut from the same cloth. Learn some of the traits of the ideal hard money lender so you can find the help that's right for you.
When it comes to hard money, you want to look out for hidden costs. In the case of rehab projects, sometimes the loan is given to the borrower bit by bit in the form of draws. Don't get ripped off by making interest payments on money that you haven't received … (0 comments)

hard money loans: Loans for Flipping Houses: The Dangers of Hidden Costs - 01/29/19 08:39 AM
 Hard money lenders are the go-to source for financing when it comes to flipping houses. These lenders overlook the distressed condition of a property while giving loans as a percentage of a property’s potential value, but it is essential to carefully consider the cost structure of any hard money deal.
Some hard money deals are structured in two parts. The first portion of the loan secures the purchase of distressed property and the second portion of the loan covers the cost of renovations. The rehab portion of the loan is often distributed bit by bit as work proceeds, and this has important … (0 comments)

hard money loans: How to Use an Arizona Bridge Loan to Get the Home of Your Dreams - 01/29/19 07:52 AM
An Arizona bridge loan can help homeowners as they transition between homes. This type of loan is a win-win if you want to move, have a buyer lined up, and your deal runs into unexpected difficulties.
Say you've put in an earnest offer on your dream home. The house is just everything. It has a pool, room enough for the kids, and separate space for an art studio. You made an offer on contingency because you've got a buyer lined up on your current home, but the deal just hasn't closed yet.
As the deadline to close approaches, you find yourself packing … (0 comments)

hard money loans: Fannie Mae's Subsidized Arizona Commercial Real Estate Loans - 01/28/19 11:24 AM
Fannie Mae recently began offering subsidized Arizona commercial real estate loans to property investors. Like any government program, there's a catch. If you take out a loan under this plan, half of all the units in your apartment complex must be priced for the "lower middle class.” You'll have to cap rents on 80% of your units. You might be wondering why you'd want to do something like that.
Rent caps could be coming to a neighborhood near you whether you like it or not. If you follow Fannie's guidelines, you'll get funding for up to 90% of your next property at … (0 comments)

hard money loans: How to Read Search Results for Arizona Hard Money Lenders - 01/28/19 11:02 AM
When it comes to finding Arizona hard money lenders, maybe you’re overwhelmed by your search results. Learn how to read between the lines of a lender’s web page so you can find the help that's right for you.
The first step in reading a lender is finding one first. Because it is the 21st century, Google "hard money…" and before you know it, you should have plenty of results. Make a list of potential lenders in your area, but before you read the lenders’ websites, read some customer feedback and cross lenders with negative or with little to no customer reviews off … (0 comments)

hard money loans: Arizona Hard Money Loans: A Win-Win for Your Cannabis Business? - 01/28/19 10:49 AM
Arizona cannabis business loans are hard to come by. So what if you run into a crippling business expense? The bank isn't an option, equity is expensive, and crowdfunding offers no guarantees. So how do you find the help that's right for you?
A hypothetical grower already has a dispensary lined up to buy his first crop, but then, the utility company raises his electricity bill, doubling his cost of electricity per kilowatt hour. Since it's his first crop, he's strapped for cash.
It is a catch 22; until his first crop comes in he won't be able to pay his electricity … (0 comments)

hard money loans: Arizona Hard Money Loans: Tactics to Pay Less - 01/28/19 10:39 AM
Arizona Hard money lenders invest in risky deals that banks won't touch, like house flips. In browsing the terms offered by various hard money providers, the double-digit interest rates might shock you. Take a deep breath, as there are some tactics you can use to lower the cost of your loan.
You ask why the cost of hard money is so high.
• It is short-term: No wants to pay 14% interest on a $250,000 loan for five years. This high rate incentivizes you to pay your loan back as quickly as possible. But why do these lenders want their money back so … (0 comments)

hard money loans: Is an Arizona Bridge Loan a Win-Win for Your Business? - 01/28/19 10:24 AM
You know the adage, “time is money.” Well, time spent waiting for money from the bank will cost you money. You might have heard the term "bridge loan" in reference to residential real estate, but these loans can help everyday business owners as well.
Bridge financing allows business owners to move quickly on time-sensitive deals. You might find a fantastic opportunity to expand your business or buy some inventory at a discount. You might need financing as fast as possible, but a bank won't share your sense of urgency.
Months might go by before you can secure a business loan. While waiting on … (0 comments)

hard money loans: Mi Casa, Su Casa: Rental Property Loans - 01/28/19 08:55 AM
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 … (0 comments)

hard money loans: Help Your Capital Needs with Commercial Hard Money Loans - 01/28/19 08:25 AM
Investors use hard money when an opportunity arises and they need to jump on it quickly before someone else grabs it or when they need to bridge a gap between where they are right now and where they want to go.
Hard Money Loans in Arizona can be referred to as many things— one such thing being a bridge loan. They are called this because in essence they are bridging an investor from one opportunity into another. These are the same type of loans that investors take out when they are flipping homes or commercial real estate—such as a mall or an … (0 comments)

hard money loans: How You Can Buy a New Home Before Selling Your Old One - 01/28/19 08:09 AM
Sam and Judy had just put their home, of 20 years, up for sale. As, people do, when they are selling their home, they began looking for a new home. Luckily, or so they thought, they found the ideal house only a few days after putting their house up for sale.
When Sam and Judy found the home, they wanted to purchase they were so excited. Their realtor said it shouldn’t be a problem for them to put an offer in because they could put a contingency in the contract. However, that served to be a great problem.
The house Sam and Judy … (0 comments)

hard money loans: What to Expect with Hard Money Loans - 01/28/19 08:01 AM
Hard money loans are funded by individual investors when traditional lending institutions can not approve a borrower for what they need or a borrower needs quick financing.
A typical hard money loan will run between 7% and 15% in interest rates and cost anywhere from 4 to 7 points. Points are an upfront fee of the loan amount. Hard Money Loans in Arizona are short-term loans that generally run between six months and three years.
If you took out a loan with a bank for $1,000,000 you would be paying back approximately $6,000 per month—that is including interest. With a hard money … (0 comments)

 
Mark Gowlovech (HomeSmart)

Mark Gowlovech

Phoenix, AZ

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

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