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moving: 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)
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moving: Bridge Loans: Tactics to Increase Eligibility
- 01/29/19 08:46 AM
If you've had a difficult time securing financing for your next commercial investment property because the property is half-occupied or it is in decrepit condition, you should consider the benefits offered by bridge loans. Learn why this type of financing might be the help that's right for you and some approaches to improve your eligibility.
Conventional lenders don't like deserted or distressed properties. This isn’t the case with bridge lenders. Bridge lenders secure their loans based on a borrower’s experience and the potential of a property.
Bridge financing allows real estate investors to capture the long term and short term income potential of … (0 comments)
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moving: 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)
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moving: 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)
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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)
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