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PRIVATE LENDING - Use our Money to make Money
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This is us at our front door in Tempe Arizona. My wife, Pilar, of 35 years is the love of my life and the reason we have money to lend.
BORROWING MONEY
$100K minimum. $1.5M max. Must be for an investment property in Arizona only. No primary residences. We have no applications to fill out. Just call or text me (Bill @ 602.725.7009) with the following information
1. Property Address
2. Do you own it or want to buy it?
3. If you own it, what is the current debt?
4. How much do you want to borrow?
WHAT MOST BORROWERS DON’T UNDERSTAND
When you look for someone to borrow from, everyone sounds like they have money to lend. Well, they do but it’s not their own. They are middlemen known as brokers, consultants, or loan officers. They get the money from banks, funds, or people like us and you pay an additional fee for their help. That is not to say they don’t earn their money, especially when the process can seem complicated, even overwhelming. But. Another option is calling me directly. 602.725.7009
HOW TO MAKE MONEY WITH OUR MONEY
We have been buying, selling and holding real estate for 40 years. If your path to building net worth is also real estate, I've attached some before and after pics above. Here's some unsolicited advice.
1. Protect your credit. Pay your bills on time.
2. Study Bigger Pockets and run the numbers.
3. Buy and Hold is harder but better than Fix and Flip.
LEGAL
We do not sell, broker or originate Federally Regulated Mortgages (ARS Title 6, Chapter 9, Articles 1 and 2) or Consumer Loans subject to state licensing, bonding or registration under the purview of the Arizona Department of Insurance and Financial Institutions (AZDIFI). We do not lend on owner occupied properties.
We are short term, private, hard money lenders and do not accept investor money i.e. act as a fund or syndicate. As private money lenders we are exempt from the Real Estate Procedures Act (RESPA) regulations (12 U.S.C. section 2602 (1) and 12 CFR section 1024.2 x).
MomandDadLoans.com
Bill Tonnesen
602.725.7009