Best Loans for Rehab Fix and Flip in Arizona
Arizona is one of the fastest-growing states in the U.S. With its booming economy, low unemployment, warm climate, and hot tourism industry make Arizona a great place to invest. If you're looking to acquire an investment property, there are several markets in Arizona where it's hard to go wrong.
Arizona Loan ApplicationInvestment Properties in Arizona
If you're considering expanding your real estate business in Arizona, you'll find plenty of opportunities. Major industries support the local economy. Arizona is home to a terrific job market that is unique with many different business sectors. Following is a list of some of the great companies to work for. PetSmart. Banner Health. ON Semiconductor. Republic Services. Sprouts Farmers Market. Amkor Technology, Inc. Discount Tire. See more. Arizona is diverse with a mix of Native American Indian and Hispanic cultures, which represents the quintessential flavor and essence of the American West. Science museums and vast nature preserves include the Colorado River, the Grand Canyon, Monument Valley, the Painted Desert, the Sonoran Desert, and Lake Havasu..
The median sale price for a home in Arizona is $470,500, and the average rental price is $1,420. Current listings are showing 15,807 vacant land lots available for sale as of April 2024, for those looking for new construction opportunities.
When it comes to demographics, 25 to 34-year-olds make up 14.5% of the population, while 35 to 44-year-olds make up 15%. 45 to 54-year-olds make up 32.9% of the population
Arizona is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River. Flagstaff, a ponderosa pine–covered mountain town, is a major gateway to the Grand Canyon. Other natural sites include Saguaro National Park, protecting the cactus-filled Sonoran Desert landscape. Tucson is University of Arizona territory and home to the Arizona-Sonora Desert Museum. For the more adventurous types be sure to check out the ghosted mining town of Jerome or the formerly abandoned and now prospering Bisbee which sits near the Mexican border.
If you're looking for investing opportunities to build wealth, then fix and flip properties, new construction, and long-term rentals are a great option in Arizona. Apply with Lend Some Money today to move forward with your investment opportunities.
The median sale price for a home in Arizona is $470,500, and the average rental price is $1,420. Current listings are showing 15,807 vacant land lots available for sale as of April 2024, for those looking for new construction opportunities.
When it comes to demographics, 25 to 34-year-olds make up 14.5% of the population, while 35 to 44-year-olds make up 15%. 45 to 54-year-olds make up 32.9% of the population
Arizona is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River. Flagstaff, a ponderosa pine–covered mountain town, is a major gateway to the Grand Canyon. Other natural sites include Saguaro National Park, protecting the cactus-filled Sonoran Desert landscape. Tucson is University of Arizona territory and home to the Arizona-Sonora Desert Museum. For the more adventurous types be sure to check out the ghosted mining town of Jerome or the formerly abandoned and now prospering Bisbee which sits near the Mexican border.
If you're looking for investing opportunities to build wealth, then fix and flip properties, new construction, and long-term rentals are a great option in Arizona. Apply with Lend Some Money today to move forward with your investment opportunities.
✓ Just a few of the locations we service - New Bedford, Phoenix, Chandler, San Tan Valley, Gilbert, Tucson, Peoria, Scottsdale, Surprise, Avondale, Mesa, Yuma, Glendale, Tempe
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Loan Summary Information for Arizona
Getting the right funding in Arizona can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Arizona. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Arizona. Read on to learn more about our current offerings in Arizona.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only