level 4 funding: 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)

level 4 funding: 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)

level 4 funding: 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)

level 4 funding: 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)

level 4 funding: Loans for Flipping Houses: Why You Should Avoid the Bank - 01/29/19 09:51 AM
 Many are enticed to get into the flipping business, either by reality television or the prospect of tidy profits. But few people just getting into the business have cash in their pocket to buy and remodel a house on their own, and most need financing. If you are new to the flipping business, learn why banks and every other financing method out there is less than ideal in the case of fix and flip loans. Someone new to the flipping business might leverage the equity in their home, refinancing their personal residence to embark on their first flipping project. Is putting … (0 comments)

level 4 funding: Construction Loans: The Benefits of Short to Permanent Financing - 01/29/19 09:36 AM
 Construction loans are a confusing issue, a Frankenstein of sorts among real estate financing, as they usually come in the form of two loans in one. The first covers the cost of construction while the other loan is a long-term, conventional-type mortgage. You risk less when you have refinancing built as part of your loan package. Let us call the ideal form of construction financing "short to perm."
You have the option to get a loan that purely covers the cost of construction, but a short to perm loan with refinancing is better. Many articles on the internet cite vague, if not … (0 comments)

level 4 funding: Spec Home Financing: Why Private Money is the Real Deal - 01/29/19 09:15 AM
 It's doubtful that any builder has the cash in on hand to construct a spec home out thin air. Most developers need some form of capital to bring their visions into reality, and like any other form of real estate financing, there are a variety of options. When it comes to spec home financing, there are three broad classes, banks, credit lines, equity loans, and private money. When it comes to spec homes, private money is almost always your best bet.
The great recession still haunts conventional banks. Come in with a word like "speculative" attached to your application and expect a … (0 comments)

level 4 funding: Construction Loans: The Dangers of Going Off-Budget - 01/29/19 09:08 AM
 Construction loans present a risk to both borrowers and lenders. As a borrower, you don't have any assurance that your project will go according to plan and your lender has nothing to fall back on besides a hole in the ground and the sky above it if you default. For these reasons, construction financing is distributed piecemeal in the form of draws as construction proceeds.
The draw process has all sorts of exciting risk factors to building projects, the main one being that you have to have a plan and stick to it.
Because construction financing is given out in stages, you … (0 comments)

level 4 funding: 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)

level 4 funding: 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)

level 4 funding: 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)

level 4 funding: A Dream Come True - Private Money Lending for Your Small Business - 01/28/19 08:18 AM
Unfortunately, a small business can’t prosper without funding. Funding can come from many sources—such as family, friends and loans.
If you are fortunate enough your friends and family will have enough cash on reserve to help you grow your business. However, the reality is most of us do not know many people that can just toss us thousands of dollars to invest in our small business.
A business owner can take out a Arizona small business loan from the bank. However, banks require stellar credit and enough monthly income for them to feel secure loaning money to a business— and let’s not … (1 comments)

level 4 funding: 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)

level 4 funding: 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)

level 4 funding: How to Find a Hard Money Lender in Texas - 01/28/19 07:55 AM
Read this article to find a hard money lender in Texas and learn how to make sure your loan gets funded.
When it comes to Texas Hard Money Lenders, many people don’t really know what they are. They have been stereotyped as loan sharks trying to take your money, but in reality this couldn’t be more false. Texas Hard Money Lenders are simply private investors that want to work with you and make money with you.
Finding a hard money lender can sometimes be difficult—especially because Texas Hard Money Lenders vary just as much as borrowers vary. Stay away from anyone trying to … (0 comments)

level 4 funding: 5 Reasons to Use a Texas Hard Money Lender - 01/25/19 09:27 AM
Texas Hard Money Lenders can be a real estate investor’s best friend. They offer speed and flexibility on top of a plethora of other benefits.
1. You Don’t Have To Have Perfect Credit— If you fall into the majority of borrowers you have a ding or two (or several) on your FICO score. When it comes to traditional loans, the most important factor a bank looks at is that three digit score. If your score falls below their required number—no loan for you! Not only your credit score, but your monthly income is of just as much importance to them. If you … (0 comments)

level 4 funding: If You Can Read This Post, You Can Get A Commercial Real Estate Loan - 01/25/19 09:18 AM
Both buying and renovating commercial real estate is the mark of a giant step for your small business. However, it can be extremely stressful. It is imperative you completely understand the process—this will take a lot of stress off of you.
Very few small business owners have enough cash on hand to support any type of project with their own money—they will have to take out a loan. Fortunately, there are Arizona commercial real estate loans that can help make the project go much smoother.
There are many options when it comes to Arizona commercial real estate loans. The decision you make will … (0 comments)

level 4 funding: Eager to Open an Arizona Medical Marijuana Dispensary? - 01/25/19 09:11 AM
If you have driven down any major streets in Arizona, you have seen medical marijuana dispensaries. Thinking of opening a small business? A dispensary may be a great option. But, how do you get a loan for an Arizona medical marijuana dispensary?
Even though there are many states that have legalized both medical and recreational marijuana—it still isn’t considered “legal” by the federal government. What that means to entrepreneurs looking to open a dispensary is a traditional bank will likely not lend to a borrower for this purpose. And, in all reality, it may be a very long time until banks will … (0 comments)

level 4 funding: Why Would I Need an Arizona Bridge Loan? - 01/25/19 09:04 AM
So, you’ve put your house up for sale and you’ve begun to look around for your new, upgraded home. In no time at all you have found your dream home but, there is one problem—you haven’t sold your house.
Most people can’t afford to pay two mortgages. This is where a Arizona bridge loan comes into play. When borrowers want to buy a new home before selling their initial investment a Arizona bridge loan can give you the money for a down payment on a new home before the sale of the old home is complete.
Unless, you have stashed away a big … (0 comments)

level 4 funding: How To Determine If Hard Money Will Work For You - 01/25/19 08:57 AM
Hard money loans are typically used by investors who need funding for an investment property quickly without the strict requirements of traditional mortgage lender financing. However, Hard Money Loans in Arizona can be used efficiently in other scenarios.
Essentially, hard money loans are short-term loans that provide financing to a borrower—these loans are secured by the borrower’s property. Texas Hard Money Lenders are private lenders. Because of this the hard money lender can be more flexible with their terms. Usually, these loans are right around a 12 month loan term. Typically, borrowers pursue Hard Money Loans in Arizona to finance their … (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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