Commercial Real Estate Loans Made Simple
Friday, January 25
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 r...
All About Texas Hard Money Lenders
Friday, January 25
You have probably heard about —but what exactly is hard money lending all about? are private lenders who lend money using assets to back the loan. When a borrower needs funding quickly or when traditional lenders won’t approve a loan, a hard money loan is typically the best alternative. When you ...
Understanding Hard Money Lending
Friday, January 25
Even experienced borrowers often have questions about and how it works.Hard money refers to capital available outside of conventional lending institutions such as credit unions and traditional banks. A hard money loan is secured by the borrower’s real estate. Hard Money Loans in Arizona are typi...
Can You Get an Arizona Bridge Loan?
Friday, January 25
What exactly is a ? The definition of a bridge loan is “a sum of money lent to cover an interval between two transactions, typically the buying of one house and the selling of another.”Basically, what this breaks down to is if you don’t have enough income to cover two mortgages at the same time, ...
All About Arizona Cannabis Dispensary Loans
Friday, January 25
With the legalization of medical marijuana in Arizona, the need for operations is booming.In 2016 legal recreational and medical cannabis states generated between $16 to $18 billion. By 2021 it is projected to reach $68 billion. These figures do not include other cannabis related industries such...
Can You Get A Small Business Loan with Bad Credit?
Friday, January 25
If your credit has been damaged and you want to start a business—you can still get a .The biggest reason lenders turn down small-business applications is the borrower’s credit. Banks consider bad credit anything below a 620 FICO score. Because of their past, applicants with bad credit are conside...