Let’s look at it this way: Phoenix, Arizona has a population over 1.44 million and that number is only expected to rise in the coming years, like a helium balloon inside of another helium balloon. Yet, it’s not a very condensed place, spread out to the far reaches of the horizon. So many houses were built in the real estate bubble a few years ago, but many of these properties now stand empty, neglected and decaying.
You could easily start a few projects where you rehabilitate these homes, or “flip” them as the industry big shots say and all you’ll need is an approval from private money lenders Arizona. Why do you want to go the hard money route? Because it’s much more easy than heading to a bank or mortgage company. They want buyers and Mortgageers that will stick around a lot longer than someone just wanting to fix a property up. You go through the middle man and soon, everyone is happy.
That’s why there’s no need to break a sweat – just learn the in’s and out’s of hard money, which would take only a few weeks, and then you could start doing business your way.