Did you know that hard money lenders in Arizona can help you get out of the 9-5 rat race and take your income into your own hands? They can and they do it all the time, especially if you’re ready to get started in one of these areas.
1. Commercial Real Estate. If you’ve got a killer idea for a business but not enough capital to get it off the ground, you could benefit from a private lender. Banks offer commercial loans, too, but if you’ve got less-than-stellar credit, a business that’s gone belly up or you’re in a risky industry (cannabis, for instance), you might be out of luck. Here’s the good news – alternative lenders might get behind you if you have a great idea and a good property in mind.
2. Fix and Flip. This has become one of the most popular quit-your-day-job jobs in recent memory, thanks in part to the myriad television shows about rehabbers and flippers. What they don’t show is how these rehabbers get funded. Much of the time, it’s with loans from Arizona hard money lenders. If you’re handy and understand the market well, you could buy a place, fix it up and resell it for a profit.
3. AirBnB/Rental Properties. When AirBnB first burst onto the scene, people made money by renting out their basements and guest rooms. They still do, but the big players have decided to buy their own properties and fix them up from the exclusive purpose of renting them out. The truly big players have multiple short-term and vacation rentals in their portfolios.
The Many Pluses of Hard Money Loans
Ever wonder why so many people turn to hard money lenders to kick off a new adventure in life? Well, some don’t want to deal with banks, jump through their hoops or pay their fees. Others have had an issue or two and need a hand up to get started. Sometimes, these types of go-getters will refinance with a bank once they’ve established themselves and gotten some experience under their belts.
Speak With Us Today
Oftentimes, people stick with where they’re at because they’re afraid to dream or take a risk to change their lives. Or, they just don’t know that there’s more than one way to skin a cat. Hard money lenders in Arizona, like Level 4 Funding, offers competitive rates and flexible terms for rental property, fix and flip and commercial loans. Contact us today to find out how we can make your real estate dreams come true.
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.