Buy and Hold Loans
Are you looking for a hard money buy and hold loan? We are an experienced leader in Arizona that offers flexible hard money buy and hold loans with competitive rates. Buy and hold loans give you the extra income you need for your property or properties. They are short-term loans for borrowers in the commercial, industrial, or residential real estate business. We serve both Arizona real estate investors and landlords by getting them the capital they need to succeed in business.
Here are just some of the loans we offer:
- Multi-family Units
- Single Family Residence
- Investment Rentals and Sales
- Fix and Flips
- Fix and Holds
- Listed For Sale
- Rehabilitation Loans
- Condos
- Secondary Homes
- Short Sales
If you prefer to email us, fill out the form below and an associate will contact you to review the loan scenario and provide a quote.
What is the Buy and Hold Strategy?
When you take out this non-traditional type of loan, the strategy involved includes purchasing a foreclosed or undervalued home with the goal of selling it at a profit either through renovations, appreciation, or both. Because most foreclosures require cash up front, a hard money buy and hold loan is the how to get the resources you need.
Our client’s have been getting buy and hold loans from us for decades. This is because traditional lenders are extremely limited on what type of real estate situations they can lend to. Typically they are limited to primary, owner-occupied residences. At Hard Money Lenders Arizona we love to lend to non-owner occupied properties and to real estate professionals who intend to turn those properties into a profit. We are a top hard money buy and hold loan lender in the Phoenix area who is committed to getting you the cash flow you need to grab a distressed property before someone else does. There is tremendous value in taking a distressed property and renovating it for profit and that’s why we have been offering buy and hold loans for 15+ years. We don’t put any limits on how many properties you can buy with our buy and hold loans so you can build an entire commercial portfolio with us as your financial backer.
Our underwriters are more concerned about your equity than they are your credit, so even if you have less than average credit, prior bankruptcies, or foreclosures, we can still approve you. Our process is fast and simple and designed to get you your money fast, sometimes in as little as four days.
Contact Hard Money Lenders Arizona anytime, to speak with one of our very helpful and highly knowledgeable loan specialists about your property investment funding in Arizona
If Michael can't get the deal done, it's not getting done!
The speed at which Michael’s team worked at allowed us to close the deal in less than 3 weeks.
Ready to make the next deal, let’s go!
I highly recommend everyone to work with Michael and his team and insist on working with Laura, Michael’s loan processor’ whom without her diligence, our loan probably would’ve been delayed.
Together they are an amazing team.
Michael's assistant Lara made sure everything got done right, and on time. She is great to work with, and responded quickly to any question I had. Together they make a great team and I look forward to working with them in the future.
My wife and I were recently visiting Scottsdale for her birthday and had decided to look at a few homes. Nothing immediate, just getting ideas for the future. Then on the last day we run into the perfect new construction home, only problem is we weren't prepared to buy. Most of our long-term funding was tied up in our home back in Oregon and to complicate things further, the seller had another cash offer on the table and a ridiculously fast 3 week closing requirement to secure the property.
So, we took a leap of faith and called Hard Money Lenders with Barrett Financial and got Michael on the phone. That quickly took us from an impossible deal to closing on our new home in record time. Michael clearly communicated all the terms and numbers up front. And being such a rapid deal with a large amount of escrow on the line, he personally checked in with us daily.
We have worked with a lot of great people in the real estate and mortgage industries for over 30 years and have to say that Michael is one of the top professionals we have ever met. A true expert in mortgage and bridge loans / private lending. Even better, it was clear to us every day that Michael truly cares about his clients. Best phone call we could have ever made.
Thank you, Michael and Lara, for helping us make this North Scottsdale dream a reality!
Saleh.
Steven
To lean more about buy and hold loans and to get started right now, contact our friendly team at (480) 999-6183. We will answer all of your questions and have you fill out a simple and fast application with same day approval. What are you waiting for? Call today or get started right now by filling out an application.