Mark Gowlovech's (mg0517) Blog

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Mortgage and Lending - HomeSmart - NMLS 1575944 MB 0941439
RECENT BLOG POSTS
One of the biggest questions people have is, “Are Arizona Hard Money Loans interest only?” Generally speaking, they are, but you should know the benefits and pitfalls before jumping in.One of the most misunderstood forms of financing is Arizona Hard Money Loans. Unlike traditional lending options...
11/30/2019
Few people with rotten credit will get the funding they need through traditional methods. Arizona Hard Money Lenders are less concerned with your credit, so they may be a viable option if you’re getting bank denials.Insufficient credit and low credit scores are involved in 36% and 26% percent of ...
11/30/2019
Roughly 77% can’t get Arizona Business Loans and lines of credit at all or in meaningful amounts. If one or more of them is holding you back too, you still have financing options. The Small Business Credit Survey is an annual publication produced by the 12 Federal Reserve Banks. The latest versi...
11/28/2019
If your credit has been damaged and you want to start a business—you can still get a small-business loan with bad credit.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, app...
11/28/2019
The definition of a private money lender is a non-institutional individual or company that loans money. This money is secured by a note and deed of property for the funding of a real estate transaction.Private money lenders care more about the deal than they do about your credit. Unlike tradition...
11/28/2019
You’ve heard all seen it all over television—buy a distressed house and turn it into a valuable piece of property. All the while turning quite the handsome profit. But, what exactly is house flipping and how can you become a house flipper?HGTV makes it look so simple. You simply find a distressed...
11/27/2019
It’s the new fad—Airbnb. Hotels and motels are trending out and Airbnbs are in. Don’t miss out on creating a handsome profit with a vacation home.Sarah and Jim Nelson had finally retired. They had looked forward to traveling the world, to spoiling their grandchildren and to enjoying the rest of t...
11/27/2019
Private money lending is all about building relationships—building your network. This involves getting to know professionals in your industry and your discussing your investment with your circle of friends and family that may be looking for an investment. Another option is a hard money loan.Your ...
11/27/2019
When you hear “hard money lenders,” you might think of loan sharks that will charge you high interest rates and then when you don’t pay them back, they will come steal your property—but that is just in the movies.In real life, hard money lenders in Arizona are key in financing many different type...
11/26/2019
Entrepreneurs usually need to finance a new business. However, clinching the funding can be quite the task. Here are 4 easy steps to get your business loan.1. Ask yourself why you need the money? Is it for start up costs, managing daily expenses, bringing on new employees or to grow your current...
11/26/2019
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