level 4 funding: What are Fix and Flip Loans? - 01/14/19 09:32 AM
The fix and flip investment strategy involves purchasing the ideal property that is ripe for renovation or a quick turnaround. There are several types of Arizona Fix and Flip Loans that can help make your dream a reality.
The fix and flip real estate investment strategy involves purchasing property that is in need of either minor renovation or major construction. After improving the property, you then sell it for a profit. As simple as it sounds, there are many moving parts and areas that require a certain depth of knowledge. Let’s dig a little deeper.
You purchase a property through an auction … (1 comments)

level 4 funding: Differences in Loans to Flip Houses in Arizona - 01/14/19 09:21 AM
Securing loans for flipping houses can be quite a challenge for investors. There are many loan options available to flip houses. It is important to distinguish the pros and cons for each type of loan in order to decide which is your best option.Conventional LoansConventional loans are loans given by banks and mortgage companies. These loans are solely based on the borrower’s FICO score and income. There are a variety of conventional loans to qualify for. These loans can be easier on your wallet than other options. The interest rates are at market level, which will be lower than most other … (0 comments)

level 4 funding: 4 Simple Steps to Getting an Arizona Hard Money Loan - 01/14/19 09:09 AM
Getting funded through a hard money lender is much less stressful than the process of a conventional loan. Many people aren’t familiar with the process of getting a Arizona hard money loan.First of all, if you are looking to obtain a Arizona Hard Money Loan but aren’t familiar with the process, take a deep breath. This is most straightforward and painless loan process in existence. This article will cover all the steps you need to take to get funded through a hard money lender.
1. Find lenders— You can use a hard money lender from any part of the country. You can … (1 comments)

level 4 funding: How to Get Rental Property Loans with Bad Credit - 01/14/19 08:59 AM
The American Dream is defined as “the ideal that every US citizen should have an equal opportunity to achieve success and prosperity through hard work, determination and initiative.”Many people believe that the best way to reach that dream is through real estate investments. Specifically, rental properties. The most frequent obstacle that gets in the way for potential investors is poor credit. Have no fear; the American Dream can still be yours even with bad credit. There is a way around pretty much everything and that includes less than perfect credit.
Very few people have the liquid assets to buy a rental property … (0 comments)

level 4 funding: Arizona Fix and Flip Loans - 01/14/19 08:45 AM
Everywhere you look people are flipping houses and making a killing. It is the newest craze! I’m quite sure you’ve wondered if it’s too good to be true. How many people truly succeed at flipping houses?Flipping houses involves two tangibles: a distressed property and money. It is a risky endeavor, as all investments are, but the payoff can be a highly remunerative move. If you are thinking of flipping a home but don’t have the finances there are options for you. The first move is finding the property.
Finding Property— The best tool for searching property is the Multiple Listing Service (MLS). … (0 comments)

level 4 funding: 5 Reasons to Use Arizona Hard Money - 01/14/19 08:31 AM
There are a plethora of reasons to use Arizona Hard Money Loans, the top advantages being speed and flexibility. With that in mind, Arizona hard money loans are a financing tool all investors should utilize.Choosing a lender for your investment is an extremely important decision. Make sure your lender can accommodate your needs before signing on the dotted line. Listed below are some of the top reasons Arizona Hard Money Loans are becoming more and more popular for investors.
1. Flexibility— Conventional Bank loans are known for their rigid regulations. These regulations often prevent borrowers from acquiring approval. Hard money lenders have … (0 comments)

level 4 funding: How to Make Money with an Arizona Airbnb - 01/14/19 08:10 AM
For some time it was difficult to run an Airbnb in the state of Arizona. However, thanks to Governor Doug Ducey, and the Arizona state lawmakers, residents of Arizona have a new possibility for financial growth.Arizona lawmakers were worried about residents buying up property and turning the “house next door” into a hotel. Fortunately, for real estate investors the new laws were passed early last year and there are no limits to the number of properties that an investor can buy; add to that— there are no days that the home cannot be rented out. This means an investor can buy … (0 comments)

level 4 funding: The Best Loans for Airbnbs - 01/11/19 11:29 AM
Rental properties like Airbnbs can bring in a great deal of extra money to your household. While you may be excited to jump into the rental game, there are a few things that are important to know before purchasing your first property.Banks are scrutinizing how properties are being used when it comes to writing new mortgages or even refinancing existing mortgages. Rental properties have historically been riskier loans for banks. Most banks will not even extend a line of credit on a property that is being used as an Airbnb rental. Although, there are instances a traditional loan will be approved … (0 comments)

level 4 funding: The Real Deal on Airbnb Loans - 01/11/19 11:16 AM
Airbnb hosting is a tempting opportunity for homeowners. Make money off the property you own by using it as a vacation rental.Hosting an Airbnb can be quite a nice chunk of added revenue stream. Currently, close to 3 million people have listed their homes as Airbnbs. Location will depend on the profit homeowners make with their rental. However, the average homeowner brings in close to $20,000 per year in additional income.
Don’t expect to make much profit if you live in a small middle of nowhere town. However, a beach city such as San Diego or a city like Phoenix, who hosts … (1 comments)

level 4 funding: Expectations of Arizona Fix and Flip Loans - 01/11/19 11:03 AM
Lina was a divorced mother of three living paycheck to paycheck until she started flipping houses. Here is her story.In March of 2009 Lina Jerome’s life felt like it was falling apart. Her husband had left her and their 3 daughters. Not left as in living in separate houses—left as in left the country not to be heard from again.
Lina had worked as a teacher’s assistant and her husband had been the bread winner. After he had left her financial world began to crumble. All three of her girls were in different extra-curricular activities and all three went to different private … (1 comments)

level 4 funding: Expectations of Residential Arizona Hard Money Loans - 01/11/19 10:49 AM
Whether you want to rent out duplexes or buy a Arizona fix and flip property, finding financing can be quite difficult.It isn’t just borrowers with bad credit that find themselves in an uphill situation when looking for financing. Even qualified borrowers find themselves struggling to secure the loans they need. What do you do when the bank turns you down and you have exhausted your options? That is where Arizona hard money loans come to into play. These loans are an attainable option for residential buyers with unique needs.
Residential Arizona hard money loans are also called equity-based or private money loans. … (0 comments)

level 4 funding: What is an Arizona Fix and Flip Loan? - 01/11/19 10:37 AM
What exactly is house flipping? Simply put, it is when a real estate investor buys houses, repairs them and sells them for a profit.The definition of house flipping may be simple, but it is not as easy as it may sound. If it is done correctly, it can turn a handsome profit. There are two essentials when flipping: property and money.
To find the rehab property that matches what you’re looking for there are a few options:
1. Search MLS: The Multiple Listing Service (MLS) is a database put together by real estate brokers that lists property according to geographic region. Licensed real … (0 comments)

level 4 funding: Things to Consider Before Taking Out a Rental Property Loan - 01/11/19 10:22 AM
Purchasing an Arizona rental property is a smart way to add passive income to your portfolio. But, how do you finance it?
 
If you are a home owner you may believe that purchasing a rental home will be as simple as getting a mortgage for your home. Unfortunately, it’s not always that easy. Walking away from your home, in times of a financial hardship, would be difficult for most. However, lenders are aware that in those same financial troubles, walking away from an Arizona investment property would be much easier. For this reason, it is more difficult to secure a loan on … (0 comments)

level 4 funding: Arizona Private Money Lenders Are There When You Need Them - 01/11/19 10:05 AM
Are you eager to buy an investment property, but your credit is less than perfect? Have you been turned down by traditional lenders?
 
Arizona Private Money Lenders, sometimes called hard money lenders, are non-institutional lenders that issue short-term loans. Typically, these loans are for the purchase of an investment property; however, they may also be used for fix-and-flips, rehab projects and quick funding.
Arizona Private Money Lenders are less bothered with a borrower’s credit and more concerned with their hard assets: which is real estate, cash or land. A hard asset will show up on financial statements. This is opposite of a soft … (0 comments)

level 4 funding: Want to Buy An Investment Property But Your Bank Turned You Down? - 01/11/19 09:55 AM
You have searched high and low for that perfect Arizona investment property and finally you’ve found it! You get to your bank only to find out the property’s condition is not up to par with your bank’s mortgage conditions and your credit is less than attractive—no loan for you. But, there is a solution—a hard money loan.
 
Just like all loans, a hard money loan is money borrowed by a lender. The borrower receives the money and, in turn, the lender receives monthly interest on the loan until final payment has been issued. Where traditional loans are based off the borrower’s credit, … (0 comments)

level 4 funding: How To Qualify for a Business Loan Regardless of Your Credit - 01/11/19 09:44 AM
You’re tired of working for “the man.” You want to be your own boss. That comes with start up money. You’re going to need a business loan.
 
The hardest part of starting your own business is finding the financing. It can be problematic, but it is not impossible. There are numerous sources when looking for a business loan. The more prepared you are, the better chance you will find your funding.
HOW TO GET AN ARIZONA BUSINESS LOANCreating and building a business requires two things: a great idea and money. Business lenders can have incredibly strict standards. So, the more you know about … (0 comments)

level 4 funding: How to Start Flipping Houses - 01/11/19 09:22 AM
Do you dream of living a life like Tarek and Christina on ‘Flip or Flop’? Do you know it is possible to fix and flip houses with little to no money down?
 
Can you really flip a house in Arizona with no money down? YES! Most people believe it is impossible to flip a house with zero money down. Surprisingly, you can do it and it may not be as hard as you can imagine! There is no real hidden secret on how to invest in real estate with no money of your own. Flipping a house with none of your own … (0 comments)

level 4 funding: Red Flags On Loans To Flip Houses in Arizona - 01/11/19 08:59 AM
Sometimes it can be challenging to find a good deal on Loans To Flip Houses in Arizona. But if you find a deal that looks too good to be true then it probably is fraudulent.
Getting into the flipping business takes a lot of hard work, research and time as well as a good amount of cash or a reliable lender. When you are seeking a solid lender for Loans To Flip Houses in Arizona, it is important that you understand the terms of the loan and the red flags to avoid so that you don’t end up overpaying for your loan … (1 comments)

level 4 funding: Understanding Arizona Hard Money Loans - 01/11/19 08:47 AM
Not all loans are perfect for every borrower’s needs. Understanding what Arizona Hard Money Loans are and how they are best used can offer you some unexpected benefits.
Many consumers are completely unaware of what Arizona Hard Money Loans are and how they can be beneficial. The misconception is that these loans are in some way less than legal is completely false. These are simply loans which are offered and funded by private lenders and not traditional mortgage companies or banks. And these lenders are providing the money not so much based on the borrower’s credit score but more on the value … (1 comments)

level 4 funding: Tips for Getting Rental Property Loans in Arizona - 01/11/19 08:27 AM
Rental properties are a great way to grow your wealth. But it can be difficult to secure Rental Property Loans in Arizona.
Home values are climbing which is great for anyone who wants to get into owning rental properties to increase their wealth. Many people are not looking to rent because they can no longer afford to purchase. So the rental market is strong and getting even better. But the housing collapse did have an adverse impact on the fast loans that many investors where using to buy rental properties. Now the best way to secure Rental Property Loans in Arizona is … (0 comments)

 
Mark Gowlovech (HomeSmart)

Mark Gowlovech

Phoenix, AZ

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

Office: (623) 582-4444



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