Welcome to Real Estate Investing Today brought to you by private money lenders arizona. My name is Ryan Wright and today I want to talk about how Private Money Lenders Arizona is the absolute solution to your real estate investing loan problems.
You see there are so many lenders out there that are looking first off at you as the borrower and they want to go the borrower. Not only do they want to look at your credit scores and look at your history and look at your payments and your late they also want to look at what your income is and if you have a job and how long you had that job for. They also want to look at your tax returns and your W-2 statements. They want a blood sample and a urine sample and they want to know your kid’s middle name
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So if you are buying the property for $70,000 you will be able to get 100% financing in that scenario. If you are buying the property for $75,000 you will still be able to get $70,000 financing, which means you have to put $5000 down in order to make a transaction happen but the 100% financing is there if you are able to make a property work. If you are able to buy it right.
The other think that is important about how Private Money Lenders Arizona is a solution to you real estate investment, rehab and retrial lending needs is that they will qualify the property and give you an absolute guarantee that they will fund on the property prior to you making an application. So you can get what is called a property approval, which guarantees funding on the property.
Now the property approval does not guarantee an exact amount. It only guarantees that funding is guaranteed on the property. The exact amount of what can be funded on that property is established once evaluation is done by having some one on the ground, go look at the property and establish a final value and at that point the final value of what can be lent is determined. But prior to doing that you can get an absolute guarantee that funding will happen on the property with property