Monthly Archives: November 2018

What You Need to Know to Make Money with Loans to Flip Houses in Arizona

November 22, 2018Uncategorizedbigdaddydennis

Learn how to start making money with Loans to Flip Houses in Arizona even if you don’t have the credit score needed to get a loan at a traditional bank. Flipping houses isn’t just for TV stars anymore!

Flipping houses isn’t just for the stars on popular channels like HGTV or the DIY Network anymore. With the right lending opportunity, you can start cashing out on the huge earnings that can come with flipping properties. Loans to Flip Houses in Arizona can cover the majority of expenses that come with flipping a property. For example, if you don’t have any experience with construction or the manual labor that comes with flipping a house, your loan can go towards hiring contractors to help. That means that you can start earning money by flipping houses without ever having to have proper experience with shiplap or hammers and nails yourself. Flipping homes is truly the investment opportunity you have been waiting for to make your dreams come true and there is no better time than now to start.
One factor that sometimes prevents people from flipping homes is lack of investment experience or a lack of the required credit score and credit history necessary to get a loan from a broker at a bank. However, there are plenty of opportunities to get Loans to Flip Houses in Arizona outside of the traditional lending options you might encounter at a bank. Through private investing or Arizona Hard Money Lenders, you can get started with flipping houses and getting the loans you need to flip houses much faster than you ever would be able to at the bank.

If you’ve been letting your credit score get in the way of your dreams to start flipping houses with Loans to Flip Houses in Arizona, the time is now to get in touch with a hard money lender or private investor about lending opportunities near you. With flipping houses, you can begin to build an income remotely and have more chances to get back to the activities you enjoy. If you know how to send and receive emails or make phone calls, there’s a good chance that you can succeed with flipping houses if you have the right financial tools. With Loans to Flip Houses in Arizona, the investment opportunities are endless, and you can finally get started with flipping properties for resell.

Loans to Flip Houses in Arizona are the New Way to Make Money in Real Estate

Regardless of your current financial status or good credit score, you can still potentially be eligible for receiving Loans to Flip Houses in Arizona. With Arizona Hard Money Lenders or private investors, the property you are flipping is often used as collateral rather than an initial down payment. This means that you will have the finances available to purchase investment properties and get started with flipping them as soon as possible.

With the right lending opportunity, your loan can even cover manual labor costs which means you can begin flipping properties without being a general contractor yourself.

Stop making excuses for yourself and get started with investing in properties today with Loans to Flip Houses in Arizona. With the right money at your disposable and the right game plan, you can start making real money on the real estate market.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Hard Money Lender

Hard Money Loans

Hard Money Loan

Arizona Tel: (623) 582-4444

Texas Tel: (512) 516-1177

Dennis@level4funding.com

Dennis Dahlberg Broker/RI/CEO

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 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Start Growing Your Income Today with Fix and Flip Loans in Arizona

November 22, 2018Uncategorizedbigdaddydennis

Fix and Flip Loans in Arizona may be the opportunity you’ve been waiting for to start pursuing you real estate investment goals! Learn how to start making real money with Fix and Flip Loans in Arizona.

Have you ever thought about making a career out of buying and flipping houses? While you may have always thought that making money out of flipping houses is just for celebrities or reality TV stars, real people are making real money with the help of Fix and Flip Loans in Arizona. The right lending opportunity can not only cover the purchase of an investment property but can also cover the costs of manual labor and other expenses that are involved with flipping a property. This means that you can purchase your first investment property with a minimal down payment. There are lending opportunities available even for people that do not have a strong credit history or good credit score.

If you have always been wondering how to get started with investing in properties or have always been interested in fixing homes, there are no excuses anymore. There is no better time than now to get started with making real money with Fix and Flip Loans in Arizona.

How can you go about receiving a loan if you don’t have strong credit? Arizona Hard Money Loans or a hard money lender is the answer you’ve been waiting for if you are interested in receiving Fix and Flip Loans in Arizona. When you choose to go with a hard money lender, these lenders are more interested in your ability to pay off their loan and successfully flip a property than they are worried about your credit history. In a bank setting, brokers or traditional lenders are looking at a credit score to determine your eligibility for a loan. With Arizona Hard Money Lenders, you are able to form a more personal relationship with your lender and negotiate a payment schedule or lending amount that fits exactly with your personal financial goals and needs. A fix and flip loan can cover all aspects of fixing and flipping an investment property. Regardless of your previous experience with investment properties or your current credit score, you can get started with a new career in investment properties by choosing Fix and Flip Loans in Arizona to help you achieve your goals.

Fix and Flip Loans in Arizona Can Change Your Life Forever

If you’ve been looking for a job where you can set your own schedule and work at your own pace, investing in properties with Fix and Flip Loans in Arizona may be the career solution you’ve been waiting for. Research investment properties at your own time and pace from the comfort of your computer or laptop at home. Reach out to potential investors or property managers from your cell phone through email or other means of communication.

With flipping properties, your office is wherever you are. The opportunities are endless!

We live in a digital age and modern advancements with communication technology makes investing in property easier than ever. Find the right lender for your needs and get started with Fix and Flip Loans in Arizona.

Differences Between Arizona Private Money Lenders and Traditional Money Lenders

November 22, 2018Uncategorizedbigdaddydennis

Choosing between traditional versus alternative lenders can make all the difference in your financial success. Read more to learn the benefits and risks of borrowing from alternative sources.

1. Arizona Private Hard Money Lenders assess the value of the property, and consider that one of the most significant factors when considering lending money. This is determined by the LTV (loan to value) factor or the ARV (after repair value) factors. Sometimes as much as 75% can be lent. Starting the assessment with value factors and collateral places personal financial history second on the list.

2. Financial considerations are heftier in conversations with traditional money lenders. In these cases, a loan will only be given with a credit score and debt-to-income ratio that is met and in line with the bank’s many standards. However, Arizona Private Hard Money Lenders can offer similar loans based on the value of your property, even if your credit score is not perfect. Because private lenders know they may possibly be taking a risk by lending the loan, their interest rates tend to be as high as 18 percent.

3. Flexibility and acceptance are two ways that the private lender relationship can be very individualized compared to a public lender. Standards are considered, but imperfect scores are not sure-fire rejections. A rejection from a bank is not the end-all-be-all, and should not be treated as such, because there are still other individuals who may be able to provide offers. The relationship between a private lender is much more transparent than one with a bank.

4. Private investors can act much faster than public investors. They tend to be able to get the process going within about a week, while private lenders can sometimes take over a month or more. Being on a time crunch is a major influence for fixer uppers, real estate investors, and individuals working to prevent a foreclosure.

Where to Find Arizona Private and Public Lenders

Traditional loan lenders tend to be public institutions like banks and credit unions, while alternative lenders are private investors. Sometimes a referral from the bank or other institution may even lead you to other lenders, as can many lists found on the internet based off of local or general searches for alternative lenders. It is important to be careful when considering Arizona Private Hard Money Lenders. Further research into the group will let you know whether or not you want to be conducting business with them, as will a thorough read of their interest rates, fees and terms. Having a real estate attorney involved in the initial is one way of validating the legitimacy of the lender, as well as gain any additional advice about your lending situation.

Closing Costs of Your Decision

The differences between private and public lenders are enough to provide options for people in various types of financial situations. Identifying your immediate needs, and the ways to best profit off of the loan, will help dictate which type of lender reaps the most benefits and leads to a successful borrow.

Breaking into the Housing Market with Arizona Rental Property Loans

November 22, 2018Uncategorizedbigdaddydennis

Now that the housing market is returning to a healthier state, it isn’t uncommon for people to consider other sources of income such as renting out properties. If you are interested in learning more about how to make a successful dive into renting real estate, read more below!

Breaking into the housing market may be overwhelming at first. There’s a lot to consider in making successful choices that will advance your financial situation. However, if done properly, even you can reap the benefits of the housing market. The first thing you may consider is Arizona Rental Property Loans. Where to get one, what type, and who to borrow from may be the first of your many questions—and truly, there are a multitude of options for each type of financial situation and real estate goals.

Finding success with a traditional lender like a bank may prefer someone with more experience and a history of successful renovations. Oftentimes, people who fix and flip for rental purposes build a portfolio that appeals to many lenders. If choosing to begin with a large lender such as a bank, it will be important to consider that they will have high standards on your current financial status. This includes things like qualifying credit score, income and debt.

Inexperienced borrows with poor credit or limited experience are sometimes turned to Arizona Hard Money Lenders. However eager you are, borrowers should only consider hard money for fixer uppers because of the accompanying high interest rates and fees. Additionally, the short repayment period isn’t ideal for someone renting property out long-term. The high expense ultimately defeats the purpose of the loan.

Expectations and Loan Regulations

While renting out property is not uncommon, Arizona Rental Property Loans have many stipulations to consider that make preparation a must. For example, when a property is acquired it will then be necessary to take out another mortgage. If you already have four, chances are the banks won’t approve a fifth one. Additionally, down payments are usually required at 20 percent. Down payments are often accompanied with a cash reserve requirement of at least six months. Needless to say, Arizona Rental Property Loans are no slice of cake, though lenders are sometimes able to see through to the potential value and profit of a piece. Alternative Arizona rental property loan options include ventures into equity line of credit, the Federal Housing Administration (FHA), or Veteran’s Administration (VA).

How to Make Money in the Long Run

Investing in rental property isn’t a single investment, and factors go beyond just your relationship with your lender. Not only will you need to consider financing for your loan, but finances such as home owner’s association, utilities, and possible renovations. Cash is key and being responsible with your Arizona Rental Property Loans will make all the difference in a successful wager and an unsuccessful one. While breaking into the housing market is not easy, there are options and resources available for those considering renting out properties.

How to Benefit from Fix and Flip Loans in Arizona

November 22, 2018Uncategorizedbigdaddydennis

Renovating a fixer upper can lead to great success and profit, but planning the process and making informed decisions about your finances will be a major factor within that success. Read more to learn what kinds of loans you are most eligible for to lead to a successful flip.

There are a variety of different loans available for each person and financial situation. For those planning on renovating a fixer upper, it usually come down to choosing between loans from traditional lenders and private lenders.

Traditional lenders are oftentimes the first place people look when seeking out a loan because they work much like any other mortgage loan. Traditional lenders consist of investors like banks and credit unions. When working with a traditional lender, there is less flexibility and greater loan guarantee requirements, such as solid credit standing and, sometimes, a history of successful flippers. Because ideal candidates will have had previous flipping experience, other loan options may reap greater benefits and success if you are new to flipping.

Arizona Hard Money Loans are provided by a private lender. They are different from traditional lenders like banks because of their speedier approval process. Unlike a bank, they do not heavily consider credit score or income history. Arizona Hard Money Loans are great for people who need to act fast and have imperfect financial standings. Asset-based loans and bridge loans are similar loans also based on real estate.

Arizona Hard Money Loans tend to be the most popular decision for fixer uppers because of the speed it takes to acquire one. Being able to use it towards a bid can happen very quickly. Because of their short repayment period, the money then obtained from the fixer upper can then be applied towards repayment. Experienced fixer uppers with a successful history and strong portfolio are usually able to heed the steep interest rates and fees.

Evaluating Your Options Based on Loan Differences

Taking into consideration the differences between these types of loans and lenders can help make your decision easier. Do you want to borrow from a private or public lender? Do you have experience or do you need to act fast? Evaluating the differences between your options can help break down the needs of your individualized situation. Providing an evaluation of the property you intend to acquire with the loan will be equally important. Lenders will want to evaluate your proposal themselves based on the property’s location, asking price and renovation budget.

Reading Between the Lines to Find the Right Fit for You

Being eager about the prospects of your Fix and Flip Loans in Arizona can make it easy to overlook relevant information about your financial standing, long-term, and short-term goals. Before committing to a loan lender and project, it is important to keep several things in mind: repayment plan, possible closing costs, fees and interest, as well as the cost of house renovations. Putting all financial spending and borrowing into consideration over a lengthened period of repayment. The differences between these Fix and Flip Loans in Arizona can be the difference between risky decisions and dreams come true.

How to Take Advantage of the Latest Travel Market with Arizona Airbnb Loans

November 22, 2018Uncategorizedbigdaddydennis

The new age we live in has resulted in many changes—from the emergence of digital technology and jobs, to the ability to market oneself on the internet, it seems that there are a wide variety of opportunities for people to take advantage of. This includes options like the rise of Airbnb, who allow ordinary people every day to host and rent properties and take advantage of the new job market—and can even be done with loans to help finance it.

Hosting with Airbnb usually means renting out part of one’s own personal apartment or home. The price of travel and hotel costs often make Airbnb fees reasonable and realistic for travelers. Though, it’s not always necessary to use one’s own home. Some people are taking advantage of this new money-making opportunity by purchasing and renting out a new space, instead of their personal living quarters. And, like can be done with financing a new rental space, people are taking advantage of the types of Arizona Airbnb Loans available to make a profit.

As part of Airbnb Select, Airbnb’s latest program, to improve the quality of their service and lend a helping hand, loan considerations for people in highly rated spaces and areas are becoming available. In addition to Airbnb Select, a partnering with Quicken Loans is making it easier for Airbnb hosts to maintain quality standards, which are the driving force for these Arizona Airbnb Loans. If landing a win with the bank isn’t immediately in the cards, there is the possibility that your area and space quality are attractive for travelers if you want to rent out a small portion of your current space. Later, these rentals could be provided in a bank portfolio. Considering that LA is one of the top cities of Airbnb occupancy, it isn’t outrageous to think that you couldn’t be driving business from your home.

How to Find a Win-Win Solution with You and the Bank

The problem with getting a loan for Airbnb properties has to do with the risks the bank is taking. For example, the bank does not know how much will be made on this type investment. Even if it is a sure-fire trend around the world, the consistency on one individual is not solid. When considering the proposal for Arizona Airbnb Loans, you should consider location. Is your property in a tour-isty area or local to any popular locations and landmarks? How does your rental fare against the rest of the area? What kind of accommodations can you provide that can compete with hotels? If your place isn’t up to par, part of your proposal for your Airbnb loan should, like other proposals, take into account the margin for profit, and any fees related to things such as renovation costs, etc.

How to Make a Profit

Making a profit with Airbnb is feasible given the current trends, but evaluating your circumstances will determine just how marketable your space is. Whether working through Airbnb or the bank, you need to consider possible accommodations and renovations, interest rates and fees, and the repayment period. Being prepared with realistic expectations of the borrowing process as well as the hosting process can result in success in a market currently at its all-time high.

How to Obtain Loans to Flip Houses in Arizona Like They do on HGTV

November 22, 2018Uncategorizedbigdaddydennis

Flipping houses seems so easy on TV—but is it? Read more to learn how to obtain loans and establish strong financial foundation to flip houses just like they do on HGTV.

There are many types of Loans to Flip Houses in Arizona available for people interested in investing in a property. Arizona Hard Money Loans are great for people immediately interested in making a bid on a piece of real estate. The speed at which one can be obtained is much speedier than one given from a traditional lender such as a bank because these lenders have a greater acceptance rate. In this case, the approval process may be easier because things like income history and credit score aren’t considered as heavily. The value of the property is what is most important in this case. The speed and approval process is accompanied by a higher investment rate and a shorter pay period. If this isn’t right for you, other options are available.

Depending on your situation, a bridge loan may be ideal when dealing with two transactions. A bridge loan will allow you to purchase a home for flip, without the stipulation that your initial property must sell first. Like Arizona Hard Money Loans, they are short term and have higher rates. Also like Arizona Hard Money Loans, the focus is less on credit score and more about the value of the property.

Cash-out refinancing and home equity line of credit are other options for those looking for Loans to Flip Houses in Arizona. Refinancing will allow you to utilize some of your home’s equity. Obtaining this kind of loan will replace the current mortgage you owe on your house, for a new one with the cash you are wishing to take out to flip a home. Doing this will require a good credit score and debt-to-income ratio, and while you may save some money on interest, you will have to pay closing costs. Your mortgage rate will ultimately determine if this loan would be worth it over a period of time. Home equity line of credit is an option that would allow you to use your home as a second mortgage.

Asking for Loans Personally

With small interest rates and a minimum credit score of 650, personal loans can be great options for people who only need to borrow a small amount. Personal loans can also be combined with other types of loans, and are approved for just about any personal use. Arizona Hard Money Loans are options through private lenders with a speedy process and easy acceptance, but higher interest rates if a public lender like a bank rejects your proposal. Another way to personally ask for loans is quite personally. Depending on who you know, friends and family may be willing to lend you some money for your fixer upper, and, in this day and age, it is not uncommon for people to source funds from crowds. Across sites like GoFundMe and Kickstarter, people fundraise for all kinds of various reasons. If obtaining a loan from the bank is uneasy, these are three alternative routes.

Expectations of a Successful Flip

If you are in need of Loans to Flip Houses in Arizona, it is important to consider all of your options. A successful house flip will refer not only to the final product, but the use of money and time that was put into it. For a successful flip like those seen on TV, consider the benefits of each loan type so that you can make a successful flip.

Considering Arizona Hard Money Loans

November 21, 2018Uncategorizedbigdaddydennis

In situations where you need to act fast, borrowing from a private investor may be a great option that speeds the lending process along as well as amplifies your ability to obtain property. Read more to find out if hard money from private lenders offer benefits that public lenders can’t.

Arizona Hard Money Loans are not offered by traditional lenders like banks, but by private companies and investors. Arizona Hard Money Lenders have higher interest rates and a shorter payback period. Because of this, they are often times used in competitive bidding for property or in the event of preventing a foreclosure.

While receiving a Arizona hard money loan often results in a speedy process, there are a few drawbacks to consider. First, it is important to consider that the payback period is short, usually only 12 months. Sometimes, though, it can be extended between two and five years. Furthermore, it is also important to note that these kinds of loans have a higher interest rate. Interest ranges from 10 and 15 percent, which is more than what a traditional lender such as a bank would charge.

However, unlike a bank, Arizona Hard Money Lenders impose less strict limitations. For example, banks will be highly concerned with your credit score and income history. Unlike a bank, Arizona Hard Money Lenders are concerned with the collateral and value of your property. Even if you have an imperfect credit score, Arizona Hard Money Lenders will be likely to work with you because they assess the value of the property with an LTV (a loan to value ratio). Some ratios can lead to investments as high as 75 percent of the property’s worth. What may be referred to as the “risk” they take with this is reflected in their interest rates and fees. While the expense may be a drawback, sometimes they are the only option for people who can’t receive funding elsewhere.

Meeting with Arizona Hard Money Lenders

Arizona Hard Money Lenders can be found locally. Sometimes they can be referred to you by a mortgage broker, but lists of Arizona Hard Money Lenders are always available on the internet. When committing, it’s important to always evaluate the legitimacy of your lender. If you have any concerns or questions, a real estate attorney may be helpful in identifying any major stipulations regarding loan fees, interests or rates. Under legitimate circumstances, relationships with Arizona Hard Money Lenders are transparent, flexible and individualized.

Deciding if Hard Money is Right for You

Arizona Hard Money Loans are not for everyone, but they can definitely lend a helping hand to people in financial need, specifically those who need to act fast to obtain a property or prevent a foreclosure. Not all financial situations will lend themselves to speedy benefit of hard money, and oftentimes it is those who aren’t able to obtain financial funding from banks that benefit from it. The short-repayment period and high rates cater to a specific market, but depending on your situation, they could be the right option for you.

Why the Expense of Arizona Hard Money Lenders Can Be Worth It

November 21, 2018Uncategorizedbigdaddydennis

While a hard money loan can be more expensive than a traditional loan, the speed, flexibility and approval process can make the expense worth it. Learn more about the pros and cons of hard money loans and determine if it’s the right option for you.

A hard money loan is one funded by a private investor. Unlike traditional lenders, Arizona Hard Money Lenders are not concerned with an individual’s credit. Because of this, they are more likely to work with an individual rather than a bank or credit union who will reject appeals based on financial situations.

When lenders fund investments, they are focused on the property’s collateral. This means that they will be willing to lend the value of the property. Lenders, however, have higher interest rates that may range between 10 and 15 percent. If the desired property needs excess work, the interest rate of hard money loans may make them seem unreasonable. However, if the property is good and you are in a state to be able to repay the loan, speed, flexibility and approval are a few benefits that may outweigh the costs of interest.

Benefits of Borrowing from Untraditional Lenders

Typically, the process of receiving a loan is much faster when done with an untraditional lender. Oftentimes, this process can begin within the week or, sometimes, the same day. A traditional lender may take as long as a month or more. Speed for the borrower may be important if bids for obtaining property are competitive and it is necessary to act fast.

Flexibility is another selling point. Unlike traditional lenders, Money Lenders Arizona Hard work on an individual basis. Limitations imposed by banks and other traditional lenders are not as strict working with someone in this type of relationship. This means less concern over credit score and income history. Using an alternative lender leads to a more individualized process and more flexibility when considering finance history, and in general the approval rate is much higher. However, even with a higher acceptance rate, it is important to consider all terms within the process to know if it is really the best option for your situation.

How to Know if Alternative Options Are Right for You

Hard money loans are commonly borrowed for fixer uppers, by competing real estate agents, and to prevent foreclosure. While speed has its benefit in these scenarios, it also works in the reverse. Arizona Hard Money Lenders offer a shorter repayment period than traditional lenders. Coupled with the higher investment expense, it’s important to consider how quickly you will be able to repay the loan and develop a plan that will allow you to repay in the allotted time period.

Seeking an investor who offers hard money loans means looking in your area for real estate investors or real estate investor groups. Even conventional mortgage brokers may provide you with further information in seeking out someone who is right for you in your situation. While the expense may be intimidating at first, beginning a relationship with an untraditional lender may provide more benefits at second glance.

Business Loans: Does God Want Your Company to Survive?

November 19, 2018Uncategorizedarizona business loans, arizona hard money lender, arizona hard money lenders, Arizona hard money loan, Arizona hard money loansbigdaddydennis

Surviving as a start-up is difficult. Considering Arizona Business Loans could keep you in the game.

The short-term survival rate for a business is 50%. Confirming this, the US Bureau of Labor states, “About half of all new establishments survive 5 years or more.” This means: start a business and flip a coin—you’ll find heads or tails to be your odds of survival.

While this statistic is daunting, how do you break the chain? Many experts claim that a healthy cash flow is one of the main indicators of a business’s survival. Regarding this, a recent article from Forbes states that “cash is king, and cash-flow management is the deciding factor whether or not your business succeeds or fails.” While this is good to know, how do you obtain cash flow when you have been down on luck, your market has made an unpredictable shift, or you have not yet qualified for a loan?

Struggles in obtaining lending may be due to:

Low credit score

Limited credit experience

Bankruptcy

Foreclosure

Don’t let the challenges of your past impede your future potential. You’ve put skin in the game to be in business. You want to survive and thrive. Level 4 Funding’s Arizona Business Loans may be able to help you obtain the necessary cash flow to outlast the first five 5 years.

Other Reasons for Seeking Business Loans

Perhaps your business is up and running the way you want it. However, you may need more cash to improve upon what you’ve created.

Other reasons for obtaining Arizona Business Loans may include:

Expansion real estate, inventory, space

Debt consolidation

Expansion may be crucial to getting an edge up your competition. Many times, for businesses that have been established for many years, acquiring property without diminishing cash flow is a dilemma. To add to this, traditional loans may be hard to acquire for some. Hard money Arizona Business Loans may be the answer to buying more property for office space, inventory management, or additional manufacturing. These investments increase the potential output and profit your company is capable of achieving.

Why Not Consolidate Many Loans into One?

Debt consolidation may be another concern. Multiple credit card payments, property loans, and interest rates may be a burden. E Plurbus Unum—Hard money Arizona Business Loans may allow you to consolidate many debts into one payment and one interest rate.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO