private money lending: Tips and Tricks: Choosing a Arizona Private Money Lender - 02/01/19 11:23 AM
You should be selective about choosing your Arizona Private Money Lender. In this blog we discuss the things you should look for and what to avoid.
Choosing a hard money lender is a big decision. Like any other loan, you’ll want to vet your Arizona Private Money Lender to make sure it’s a relationship that’s going to work for you and your investments. Whether you’re wanting to make a commercial real estate investment or get into the fix-and-flip business, here are some things you should know about your Arizona Private Money Lender before applying for your loan.
Make a list, check it twiceIt … (0 comments)

private money lending: The More You Know: Secrets of Arizona Private Money Lenders - 02/01/19 10:47 AM
Here are some insider tips for getting to know the Private money lending in Arizona industry and how it can help you in your business endeavors.
Private money lending in Arizona can seem intimidating if you are not familiar with the process and how it is different than traditional lending institutions. There are a few key things to know to be successful in obtaining a private money loan and we are here to tell you those things! Whether you want to buy an investment home, a commercial property, or start an Airbnb business, we are here to help you through the Private … (0 comments)

private money lending: How to Find Commercial Texas Hard Money Lenders That Are the Real Deal - 02/01/19 10:25 AM
There are lots of commercial Texas Hard Money Lenders, but not all can become real contributors to your success. Learn how to evaluate your options, so you can get funded fast and have a great experience.
Step 1: Watch the language. Finding people who promise you the sun, moon, and stars? That’s a warning sign. Yes, you can get funded even if you have rotten credit and you can get a substantial sum too, but if the company is veering from industry standards by promising you all the money you need with no down and interest rates well below average, they’re probably … (0 comments)

private money lending: Top 3 Ways to Maximize ROI When Flipping with Texas Hard Money Loans - 02/01/19 09:30 AM
Texas Hard Money Loans are a great way to fund fix-and-flips and turn a profit. Optimize your projects with a few key strategies that boost ROI.
1. Check and recheck the value of the property. There are many tools on the market that can help you identify what any given property is worth. Don’t rely on a single method. Run comparative stats and bring out value experts if need be; appraisers, contractors, and other rehabbers can help you detect issues that decrease property value, so you don’t wind up paying more than the property is worth. Don’t be afraid to use information … (0 comments)

private money lending: 3 Things Texas Hard Money Lenders are Looking for in 2019 - 02/01/19 09:11 AM
Knowing what Texas Hard Money Lenders are looking for will help ensure you get approved. If you do your homework and map out a solid plan, 2019 is going to be a successful year.
1. Experience. There are fewer opportunities to buy low and sell high than there were in recent months and years. If you’re in fix-and-flips or fix-and-holds, that means most of your money needs to come from the project itself. If you don’t already have experience in one of these areas and you plan to start this year, start by working with a partner or two. Not only will … (0 comments)

private money lending: 7 Reasons to Take out an Arizona Bridge Loan - 02/01/19 08:59 AM
Here's the age-old conundrum for real estate investors — how do I move on to my next project if I haven't closed on the current one? The answer? Arizona Bridge Loans.
Fix-and-flippers and homeowners who are ready to move both face a common problem: they're in limbo until they can sell their current property. When the market isn't cooperating, that limbo can stretch into months and even years. For homeowners, that means not being able to move and, for investors, it can mean missing out on other investment opportunities.
Thankfully, there's a fairly simple solution to this problem. Arizona Bridge Loans are loans … (0 comments)

private money lending: Benefits of Private Money Lenders - 01/29/19 12:14 PM
Life can be expensive, but Arizona private money lenders can help. Private lenders can finance your next real estate purchase and get you the home of your dreams. Know that banks are not your only option for loans. Hard money lenders and Arizona private money lenders can give you the loans you need without some of the hassle you’d get from a bank. Where banks fail, Arizona private money lenders succeed. Here are the top benefits of choosing private lender for your next loan.
1. They’re fast. A bank’s loan process can take a long time. Bank loan applications can be extensive, … (1 comments)

private money lending: 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)

private money lending: 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)

private money lending: 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)

private money lending: Arizona Fix and Flip Loans: Make the Most of Your Investment - 01/28/19 09:03 AM
Arizona Fix and Flip Loans provide the cash, but you have to turn that cash into a quick turnaround by making your property a must have. Here’s how to make your property a must-have amongst buyers.
Arizona Private Money Lenders will provide your Arizona Fix and Flip Loan, but what do you do once you’ve secured your investment property? Now you’ve got to actually perform the fix and the flip. Unless you have experience in home and interior design you may be at a loss for how to make your property stand out amongst the others on the market. Here are some … (0 comments)

private money lending: Should You Use a Private Money Lender? Your Questions Answered - 01/28/19 08:47 AM
Big banks are the go-to for large loans, but is that the right way to go? Arizona Private Money Lenders offer you accessibility, flexibility, and quick access to money.
If you asked 10 of your closest friends who they would go through to secure a residential loan or car loan, you would most likely the names of some of the biggest banks in the nation and in the world. For most people their first home loan or first car loan were serviced by a big bank and people tend to be creatures of habit. If you don’t know much about Arizona Private … (0 comments)

private money lending: 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)

private money lending: 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)

private money lending: Commercial Real Estate Loans Made Simple - 01/25/19 08:50 AM
Commercial real estate loans can seem complicated. Essentially, they're used to purchase or renovate an owner-occupied commercial property.
Income-producing property is called commercial real estate and is used for business versus residential. Malls, retail shops, hotels and office buildings are some examples of commercial real estate. The commercial real estate loan includes the financing of not only the property, but the development and construction of said property.
Commercial real estate loans can be financed through banks and private lending institutions. There are no FHA or VA programs when it comes to commercial lending—and there is also no private mortgage insurance. What this means … (0 comments)

private money lending: 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)

 
Mark Gowlovech (HomeSmart)

Mark Gowlovech

Phoenix, AZ

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HomeSmart

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

Office: (623) 582-4444



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