Private Hard Money Lender in California, Texas and Arizona: Arizona Hard Money: Is it Right For You?

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Friday, August 2, 2013

Arizona Hard Money: Is it Right For You?


Arizona hard money is an alternative to the traditional bank loan.

Back in the day, it used to be pretty simply just to snag a bank loan and flip a house and sell it to an investor. Nowadays, not so much. Now there’s a credit check, a ton of paper work, and a lot of waiting. It doesn’t have to be like that, though! You can try hard money lenders Arizona.
Private money lenders Arizona might be the best thing that ever happened to you as a contractor who wants to flip houses but is worried because the economy hasn’t been especially friendly to their credit score.
With Arizona hard money loans, hard money lenders Arizona base your hard money loan entirely on the value of the property you have, not based off of the credit you may or may not have. This lets you breathe a little easier, right?
However, a word of caution: Before you even begin to think about getting a hard money loan, be realistic about how long you think your project will take. For example, don’t take a three-month loan term if you believe it will take you four months to do the rehab on a home. Give yourself enough time to pay off this loan! And don’t be afraid to ask for an extension on your Arizona hard money loan if you need it.
Additionally, your Arizona hard money loan is going to be more expensive than your traditional loan. That being said, remember that it is a million times faster than a traditional loan. In fact, as soon as you quickly qualify for your Arizona hard money loan, you are so close to starting on your dream home. We promise you; you will be so thankful for your hard money lender Arizona.
Arizona Hard Money
Level 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444