Want To Be a Landlord? Texas Hard Money Lenders Can Make Your Dreams Come True!

If you are dreaming of making extra income by investing in rental properties, Texas hard money lenders may be just what you need to make your dreams come true. With fast loans and streamlined paperwork, hard money loans can help Texas investors with all of their goals. 

If you want to invest in rental properties, you probably already know that being a landlord can be very lucrative. While it is not exactly passive income because you do have to maintain, rent, and service your units, it can be a great way to make extra money and build equity in the property. What you may not know, is that Texas hard money lenders can be a great way to start investing in rental properties.

Texas hard money lenders service hard money loans. Hard money loans are cash loans that are asset based. This means they are based on the merit of your investment property, not your individual credit score or debt to income ratio. This is great new for Texas landlords who often have high debt to income ratios due to multiple investment properties. In addition, loan times are fast and there is little paperwork, meaning you get your cash faster to purchase your property.

3 Ways Texas Hard Money Lenders Can Help You With Your Rental Purchase

If becoming a landlord using Texas hard money lenders  sounds like the right choice for you, here are a few ways that your lender can help you achieve your goals. 

1. Residential properties: You can use Texas hard money loans to purchase residential rentals like single family homes, duplexes, and even apartment complexes. With high loan to value ratios and the option to use other assets to cross-collateralize, you can usually borrow most of the purchase price of the property. 
2. Commercial properties: Texas hard money lenders can also give loans on commercial properties. This is ideal if you want to rent space to businesses instead of housing. Commercial rentals can be a great option because there is usually less maintenance and depending on the location, you may be able to charge higher rents per square foot. 
3. Your lender can help you even if you have bad credit. FICO scores don’t matter to Texas hard money lenders. Make sure you have an investment plan and a way to pay off the loan but don’t worry about previous debts. 

Once you have decided to use Texas hard money lenders to finance your rental purchase, find the right help for you!

Find a lender who specializes in alternative funding sources and is knowledgeable about hard money loans. Don’t be afraid to ask questions and shop around for a lender that you feel comfortable with. 

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 

Texas Tel:      (512) 516-1177 

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701

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About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.