Phoenix Arizona Hard Money Lender
What I found from my research, is that Arizona hard money is actually pretty easy to get. Although there is a lot of red tape to go through when you’re dealing with a conventional loan through a bank, a hard money lender Arizona will not put you through all that. They want to invest in your investment, too! As long as the valuation of the property comes in high enough, and they see you’ll make a profit on it, they will lend you the money. So the hard money lender Arizona bases the loan on the property, instead of on you and your credit score. When you invest in real estate, you make your profit after fixing it up, or “flipping” it, as it’s called, and then re-selling it for considerably more than you bought it. The hard money lender Arizona, will be able to lend you all the money that you need, including what you need to flip the property, so you really don’t have to have any money to start. That’s what’s so great about Arizona hard money! Your hard money lender Arizona, is basically getting in on some of your profit, just by giving you the money up front.