A few hours of binge watching HGTV can easily turn into hours of inspiration on how to renovate your own fixer upper. However, it’s not always that easy and, without the guidance of one of the Gaines or a flashy camera crew, who knows how best to make the most of your options. Read more below for some tips and tricks!
Getting swept away by the dazzling before and after HGTV showcases on their many shows is easy. From beautiful gardens, contemporary color palettes, and updated cosmetics, renovating a home may seem easy—and it is, at least visually.
Renovating a fixer upper successful is possible. You must be realistic, plan, and work with a reliable team. As a new person to the housing market, you will have to do your research, but a solid foundation of research could equate to the solid, physical foundation of the house.
Benefits of Using Arizona Hard Money Lenders for Your Fixer Upper
If you want to renovate a home, you are likely going to need a large chunk of cash. When it comes to fixer uppers, many people use private money lenders. Arizona Private Money Lenders are untraditional lenders who offer hard money. Hard money is one way to get cash fast—which is absolutely ideal in cases of fixer uppers. You want the opportunity to bid and obtain a property fast, and you won’t be able to do that without cash. Some Arizona Hard Money Lenders can lend you funds within the week, which is several weeks sooner than your local bank would be able to. Additionally, hard money has a short repayment period. This falls right in line with the timeline of your fixer upper. Ideally, you want to obtain a property, flip and sell successfully. A successful renovation literally lends itself to the timeline of hard money.
Tips on “Fixing Up” the Housing Market
Making the most of Arizona Hard Money Lenders is one step. As you continue making your way through the housing market, you want to play it safe—especially if this is your first major project. You want to be working with a reliable team who can take on the needs of the project. Not only that, but you and your team need to be realistic. Think about what you can realistically accomplish in the timeframe you have. Another thing to consider is marketability. How will you market your fixer upper, and what kinds of things are people interested in investing in? You may have a vision for something particular, but you may need to adapt your vision into something that can be sold to bring in the big bucks. Ultimately, you are renovating to make a profit. Follow deadlines, put in the research, and make informed decisions. If you are working with a team and lender who believes in you and the project, renovating successfully won’t just be the thing of TV.
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO
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.
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