Hard money loans
lenders understand that even some of the most unlikely investment are still
investments. You can even find commercial hard money lenders to fit all your needs! So, if you thought there was no way you could quickly find financing
for a foreclosure or another unlikely investment property with your credit
think again!

Dealing with commercial lenders is never a walk in the park.
But, with the right tools and clear plan you can easily navigate them. For
instance, if you are dealing with commercialhard money lenders, then you may already know that there are lenders that
often deal exclusively in one property type i.e.  you will more than likely being dealing with
niche lenders for hard money loans. Consequently, if you are actively looking
for short-term commercial financing then it is clearly in the best interest of
time to make sure that you are dealing with commercial hard money lenders in your particular market or property
niche.

As previously suggested, hard money loans are ideal for such
property types as foreclosures, land loan, construction loans, fix and flips,
short sales, when you or your business need to move quickly and for when the
potential buyer does not have the best credit or rather has certain credit
issues. Moreover, lenders that typically offer these kinds of commercial loans
are not banks. Thus, if you know ahead of time that you will not qualify for
conventional financing, say yourself some time by not going through the lengthy
process of applying for a bank loan.

So now that you know when to call on commercial hard money lenders and how to narrow down your potential
list of lenders, let’s go over what to do if you are experiencing some
difficulty actually finding a few good hard money lenders in your area and in your
property niche.

For starters, it almost goes without saying that doing your
research is absolutely key to finding the right lender for you. But,
nevertheless, you would be surprised how many quality hard money lenders you can
find by doing a simple internet search. Moreover, if need more than a few
online research hits to peak your interest most cities have real estate
seminars and meetings that focus specifically on obtaining hard money
financing. These kinds of regularly held seminars and meetings not only will
provide you will direct exposure to local lenders that understand your needs,
they will also provide you will valuable information on such things as
regulations and hard money loan requirements. Lastly, you can mingle with real
estate professionals who know the business inside in and out, which will allow
you to expand your network and ask for hard money lender referrals.

Obviously, once you’ve found your commercial hard money lenders in your area
that has reputable experience with your particular property niche it’s time to
get down to business. Remember, most hard money lenders are concerned with the
amount of equity you are bringing to the table and your overall plan for the
property. So make sure that you actually have the necessary collateral,
especially if you do not have stellar credit, and that you have a detailed plan
in place of just how you intend to pay off your loan.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com

111 Congress Ave |Austin | Texas | 78701