How Aztec Can Help The Novice or Very Seasoned House Flipper Make More Money
Having the right lender on your team is the heart and soul of most real estate flipping strategies. Successful and profitable house flipping depends on two key elements: one, you have to have access to properties worth rehabbing and two, you must have the money to snatch them up before another investment buyer comes along. That is where having a qualified lender in your corner is the difference between a money-making investment and losing out while you wait for the paperwork.
Making Your Millions
Andrew Carnegie once said that 99 percent of all millionaires made their fortunes through real estate. You hear stories about people making millions buying houses for cash, fixing them up and then reselling them, but how do they do it?No successful real estate entrepreneur lives in a vacuum. Whether they are new to the idea of flipping or veterans in the field they all have one thing in common – they know the importance of partnering up with businesses and investors willing to bankroll their talent. Finding credit resources is an essential part of success in the field of real estate.
The Role of a Lender
Lenders do more than provide a credit line, though. They are part of a network of professionals that want to see you do well which each deal; because when you make money, so do they. Companies like Aztec Financial have the experience to guide you and help you makesmart choices that improve your chances of turning a profit. That connection to a solid financial company opens doors to REO selling agents, as well. You develop a reputation as a serious investor and gain access to more profitable listings with each successful deal.
The Power of Experience
Real estate investment is not a get rich quick scheme, according to expert flipper and authorEric Tyson. An established lender has the experience to go the distance and recognize that hard work is part of the formula. What this means for the real estate entrepreneur looking to get into flipping is you need a lender who has been in business for decades because they offer a solid financial foundation – one that will be there with funds when the time comes to buy. You want a lender that has been specializing in the fix and flip niche and has done thousands of transactions over the years. You also want to deal with a lender who is flexible enough to custom make a loan program specific to your business model. Most of all you don’t want a fix and flip lender that thinks they are a bank, requesting verifications, bank statements etc. This will only serve to slow down the process. What you need is a no red tape lender that is nimble and can move quickly on your behalf. You want a lender that gets it, and understands that the underwriting is primarily based on the upside of the property you are buying!House flipping is a balancing game that comes with risks, too. It takes money to make money whether you are the buyer or the financier. Look for a financial partner with a ton of experience in the industry – one who understands what you need and is willing to work with you.
A Flexible and Rewarding Loan Program
Ultimately, it is up to you to find the best deal out there, but what else should you look for in a lender?
No upfront appraisal fee is a good place to start. Without that upfront charge, you are free to discuss any potential deal with your financial partner and get feedback. Take advantage of their years of experience to find the most profitable properties.
Flexibility is another key asset to watch for because not all deals are created equal. You want a lender who will customize a plan for you based on your experience and track record.
A quick and easy application process without all the red tape that goes into most loan scenarios. If you have to wait for more than 24 hours for your lender to make decisions or provide an approval, you lose out on deals, because timing is everything in real estate investing.
Look for a financial company that sees the potential in working with you and building a relationship that will be mutually beneficial for many years to come. Aztec Financial is a leader in the fix and flip loan market with a reputation for making even difficult loans possible. Whether you are buying your first property or your 50th, give Aztec Financial a call and get a quote today.
“I’ve been a Real estate Broker and Investor for over 15 years. Aztec Financial has provided funding for several of my projects. The most important factors and services a private party lender can provide is timely funding and flexibility in structure. Aztec has never failed to fund my deals once a loan commitment has been issued. This gives me confidence to know once I make an offer, I can close the deal. The staff is overwhelmingly courteous to help you through the entire process, from execution of loan documents, servicing of the loan, timely inspections and the closing of your transaction. If you are a real estate investor looking for fast, flexible funding, I highly recommend Aztec Financial as your go to lender!”
– Kenneth B.
“I have worked with at least 5 of the top private lenders and Aztec Financial has been the best for me, with well over 40 transactions together Joel, Melanie, Kenny and the rest of the team have given me nothing but the best, Top notch quality service, no other private lender has been able to match what Aztec Financial does for me, I highly recommend Them,
Sincerely,”
– Gus I.
“Aztec Financial has been my go to lender for the past 19 years. They make it quick and easy without a lot of red tape. They understand the real estate investor and work with you on your goals. I have dealt with many lenders and have to say that the Aztec staff and customer service is also what sets them apart from the rest. ”
– Austin L.
“Aztec Financial not only offers great terms and fair pricing, they also go out of their way to ensure your success while providing great customer service. They are second to none.”
– George W.
“When your offer is accepted it is imperative that your lender is ready and able to respond. My last two transactions were accepted and Aztecs funds were ready to be wired in 48 hours.
Aztec has been dependable in funding more than fifty (50) transactions for my company.”
