Tuesday, November 15, 2016

Why it May Soon be Easier to Find Phoenix Money to Flip Houses

Phoenix Money to Flip Houses
Phoenix Money to Flip Houses
Good news for those searching for Phoenix money to flip houses. The new President-Elect Trump may be the sign of easier times ahead. After the recession in the late 2000s, laws were passed in an attempt to protect the banking system from another major collapse. Major parts of the law included shoring up assets to prevent collapse as well as much stricter regulations on loans and forms of credit. While well-intended, these laws just made it harder for people with good credit to get loans and nearly impossible for people with poor credit.
Phoenix Money to Flip Houses
Phoenix Money to Flip Houses

The main law that came out of the 2000s recession, the Dodd-Frank meant well, preventing too many people from withdrawing Phoenix money to flip houses. There were many regulations and requirements that were enacted to protect the economy. While this may have helped at the time, it is no longer necessary, and it has become a hindrance. The regulations prevent normal consumers from obtaining Phoenix money to flip houses and making starting a house flipping business a major hassle.

The soon-to-be President Trump has made clear he wishes to do away with most if not all of the Dodd-Frank laws. This will a great boost to consumers because loans, while still protected, will be able to flow more freely, meaning that money can be invested and used, rather than sitting in a bank. While protections will remain in place, many of the regulations and paperwork associated with loans will be done away, opening the door for easier loans.
Phoenix Money to Flip Houses
Phoenix Money to Flip Houses

While Trump will have help in accomplishing his goal, there are still strong proponents of the Dodd-Franks laws in office, which will result in opposition. This means that completing Trump's goals will take some time. But overall, removing the Dodd-Franks law will be a huge boost to Phoenix flipping houses and will help the business become even more successful.



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