Arizona cannabis business loans are hard to come by. So what if you run into a crippling business expense? The bank isn’t an option, equity is expensive, and crowdfunding offers no guarantees. So how do you find the help that’s right for you?

A hypothetical grower already has a dispensary lined up to buy his first crop, but then, the utility company raises his electricity bill, doubling his cost of electricity per kilowatt hour. Since it’s his first crop, he’s strapped for cash.

It is a catch 22; until his first crop comes in he won’t be able to pay his electricity bill, but if he doesn’t have electricity, he can’t grow his first crop. He’s stuck between a rock and a hard place. He needs a quick injection of cash, a small loan which he can pay off in 70 days after his plants mature.

Let’s assume he only needs $50,000 to cover the cost of electricity. Given his excellent credit score, he considers getting a personal loan from a bank first. All is well, but he hears a vague alert chime on the loan officer’s computer.

Without any explanation security officers escort him out of the building.

What are some other sources of Arizona cannabis business loans

Our poor grower isn’t interested in selling ownership to an equity partner. Selling 10 percent of his business just to pay his electricity bill is not a reasonable proposition for him.

So, he eagerly makes his plea on Kickstarter. It’s crickets from the peanut gallery, as his loan sits unfunded on the site. He can’t wait much longer as his little seedlings will wither and die if he doesn’t get money fast.

He hears from a friend about another type of alternative financing, one that might solve all his troubles.

Arizona hard money loans can help fuel short-term costs in your cannabis business.

He approaches a hard money provider. They offer him a loan on the condition that he pays it back in 120 days. He will also have to pledge his grow facility as collateral. The loan is a little expensive for his taste, but its either hard money or bust, so he goes ahead and closes the deal. The funding comes through in short order, and within 70 days his crop is in full bloom ready to be harvested and sold to a nearby dispensary.

With these funds, he’s able to pay back his loan quickly, and he earns enough money to cover his utility costs until his next harvest.

Because he already had a buyer lined up and he knew exactly when his crop would come in, he didn’t put much at risk by pledging his grow house as collateral. Hard money got him the funds he needed without having to sell ownership in his business or wait on the much over-hyped kick starter. If you are looking to “grow your business,” and run into an unexpected expense, hard money can help.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Arizona Hard money lenders invest in risky deals that banks won’t touch, like house flips. In browsing the terms offered by various hard money providers, the double-digit interest rates might shock you. Take a deep breath, as there are some tactics you can use to lower the cost of your loan.

You ask why the cost of hard money is so high.

• It is short-term: No wants to pay 14% interest on a $250,000 loan for five years. This high rate incentivizes you to pay your loan back as quickly as possible. But why do these lenders want their money back so quickly?

• High risk: Because of the risk involved with flips, there’s no guarantee for you or your lender that you are going to make money. The high rate ensures the lender their going to make some return on their investment.

Because of the risk involved, hard money is expensive, but what if you could avoid paying such a high rate in the first place?

Tactics to pay lower interest when it comes to Arizona hard money loans

You can employ the following tactics to help you negotiate a lower interest rate.

• Find a lucrative, low-risk deal: The rule here is to find a house which you can secure at a low price and then assure your lender about its potential using comparable sales. For example, say you found a foreclosed house which you can get at a steep discount. The house might be selling for $150,000 while similar homes in the area are going for $300,000. A quick walkthrough reveals that it doesn’t need much work. You estimate the cost of repairs will be about $15,000. The house needs a few repairs, and its resale value is backed up by hard data. These are some talking points you can use to negotiate a lower interest rate with your lender.

• If you have experience, talk about it: Given all the risk that comes with flips, lenders prefer those who have a proven track record of successful projects. Talking up your expertise or even offering your lender business in the future might help you get a lower initial rate.

But even if your hard money provider doesn’t offer you a lower rate, here is a little rhyme that can help you

• Pay it back ASAP: Finish work in a few months and you can minimize the cost of your loan. Remember, you pay interest on a monthly basis, so if you finish work in a couple of months you reduce the cost of your loan, regardless of how high the initial rate is.

Don’t let the high interest charged on Arizona hard money loans scare you out of the flipping business.

Hard money is really your only option if you want to flip houses. Almost every flip is funded by hard money, and on average every flip earns a tidy $30K in profits, even though these lenders charge double-digit interest rates. You can make hard money less expensive by negotiating a lower rate with the strategies above in addition to paying it back ASAP.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Before taking out Arizona commercial real estate loans, you need to ask yourself a few questions. “Will income from the property pay my mortgage on a monthly basis?” and “how do I intend to generate a return? With quick profits from resale or do I want to earn a steady income over the long haul?”

Let’s consider the first question, “Will income from the property pay my mortgage on a monthly basis?” Hopefully, the answer is yes, but you aren’t buying a property to make mortgage payments. In the end, you want to make money.

Before taking out Arizona commercial real estate loans on short term investment properties, ask yourself these questions:

• What condition is the property in? When it comes to making a quick turnaround, you want to boost the property’s value as soon as possible while at the same time spending as little money as possible. Scout locations that require minimal work. Better yet, find properties where you can boost cash flow, and therefore raise the resale value without spending any money at all. If a property does need some work, lower your initial offer to account for these costs. For example, if a location needs $10,000 in repairs, you should reduce your initial offer by $20,000. That way, you earn a dollar in profit for every $.50 you spend bringing the property up to code.

• How occupied is the property? Properties with less than 85% occupancy don’t sell. A half-occupied apartment complex could take many months to reach that 85% benchmark. Securing new tenants will hinder resale and prevent you from achieving a rapid return on your investment. Save yourself some time and purchase properties that are as close to full occupancy as possible. Otherwise, have a clear plan in place to bring in new tenants before you invest.

Before taking out Arizona commercial real estate loans on long term investment properties ask yourself these questions

• What are the tenants like? If a prospective property is full of deadbeats who don’t pay rent on time, it is probably not worth your time. A wave of evictions coupled with the time it takes to find new tenants means you might not be able to keep pace with your monthly loan payments. Ask to look at the rent rolls before investing in a property, which will tell you whether the current tenants are paying rent on time.

• What is the neighborhood like? Earning an income from a property over the long haul requires two things: gradual rent increases and a steady uptick in property values. An area that is on the decline indicates declining rents, occupancy rates and declining property values. Before investing for the long term, get a sense of the neighborhood, or better yet, get some real data to see if property values in the area are on the up and up.

In short, before taking out a loan to invest in commercial property ask yourself a few basic questions:

1. Will income from the property at least initially pay for my loan?

2. How do you intend to earn a return?

3. And consider any factors that could prevent you from earning a return.

Answering these questions for yourself will give you a sense of whether taking out a loan on an investment property is worth your while.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

When it comes to apartment flips, you might think buying low and selling high remains the golden rule. Well, not exactly. Before taking out Arizona commercial real estate loans on apartment buildings, you need to learn to look beyond the initial sales price, and above all, look for ways to boost income.

It’s important to note that commercial properties are valued as follows:

• Annual income/market cap rate

Unlike residential flips, buying low and selling high, doesn’t always apply in the case of commercial properties. Because if you can raise annual income, by even a smidgen you can achieve a drastic return from your investment upon resale.

Before taking out Arizona commercial real estate loans, don’t just look at the sales price

To illustrate this point, let’s consider two investors who follow two very different strategies.

• Buy Low, Sell High: Our first investor might see a complex going for $100,000 in a middle-class suburb. Dollar signs flash through his mind because the sales price is too good to be true. Well, it is too good to be true. It is going to take 12 months of work to get all ten units up to a livable standard. The work will require $560,000 in hard money financing, taken at a 14% interest rate.

• Boosting Income: In the same neighborhood, another investor sees a different 10-unit building listed for $800K. Hopefully no one calls the SEC, because our investor has a bit of inside information. She knows that leases are up on all ten units, which will allow her to raise rents by $250 a month on each unit. However, she doesn’t want a bunch of disgruntled tenants on her hands, so she decides to add a pool to the complex to help justify her rent increase. She takes out a loan for $640K, again at 14% interest. The loan is expensive, but she’s confident her work will be finished in four months.

When using Arizona commercial real estate loans to invest in properties you can make a lot more money by boosting income

Remember that commercial valuations are valued based on annual income/market cap rate. In our scenario, both properties are in the same neighborhood. Let’s say the prevailing cap rate is 7%.

• Buy Low, Sell High: Our first investor brought the property up to a livable standard in 12 months, but because the property is only livable, he can only charge his ten tenants $1,000 a month in rent:

• 100 K/.07= $1,428,871 resale value.

Factoring in the cost of his loan, he earned $515,711 in profit. Not bad, but what about the other investor?

• Boosting Income: Our other investor simply added a pool and raised rent by $250 per unit. This increase added $50,000 to the annual income earned from the property:

• 150 K/.07= $2,142,857 resale value

Accounting for the cost of her loan, she earned almost double the profit of the first investor. She bought high and sold for even higher. By focusing on boosting income instead of making drastic repairs, she made more money in less time.

These examples make it clear: before taking on a loan to invest in commercial property, look beyond the sales price and consider how you can boost cash flow above all else.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Arizona cannabis business loans are hard to come by, if you want to find financing for your “growing business,” you’ll need to get creative.

The bank is off-limits when it comes to the marijuana industry because you are distributing federally controlled substances. For this reason, a bank risks losing FDIC coverage if they lend to a medical or recreational marijuana business. So what if you don’t take out a loan in your company’s name? What’s the risk for the bank if they give you a personal loan to buy your first facility?

Technically, if you are in the marijuana industry under federal law you are a drug dealer. If a bank associates with you even on a personal level, they put themselves at risk of “money laundering.”

So how do all those other cannabis startups get the funds they need to “grow,” their businesses? Maybe they have rich uncles, but more than likely they made use of one of the following:

• Crowdfunding

• Equity funding

• Hard money

Here are some sources of Arizona cannabis business loans you might consider:

Let us consider the first option: the fabled “crowdfunding.” Hopefully, you have a passing notion about how Kickstarter works. Before pinning all your hopes on crowdfunding, ask yourself, “how interesting is growing marijuana?”

There is only one way to grow cannabis, and the prospect doesn’t exactly capture the public’s imagination. If your Kickstarter proposal doesn’t engage potential investors, it is going to be a long time until you get the money you need.

So, crowdfunding is not a reliable way to start a “growing” business.

The other option is equity funding, in this situation you sell a stake in your business to a like-minded investor. With equity deals, you’ll be obligated to give your partner a fixed percentage of your profits into the indefinite future.

Equity funding is the most expensive way to start a business, that 10 percent you pledge for that pitiful 100 grand or so might be worth millions in a few years. So funding your first growing operation remains a quandary, the bank is off limits, crowdfunding is not reliable, and equity funding might be too expensive for your tastes. What if there was a way to buy your first growing facility that was both reliable and less expensive?

So far we haven’t discussed the last item on the list, hard money.

Arizona hard money lenders can help fuel the cost of your cannabis startup

Many ignore hard money as a means to fund startups. These loans are asset-based, high-interest and short-term. You don’t want a bunch of high-interest debt when you’re just starting a business right? Well think of it this way, the faster you can pay off the debt, the lower the expense to your new business. So in a way hard money is almost tailor-made for the cannabis industry. You know when your crop is going to mature. If you play your cards right you can line up a buyer ahead of time and your initial profits should pay off your initial debt.

With hard money and cannabis startups, it’s wise to follow these steps:

• Borrow against the value of your first grow facility, plant your first crop

• Wait a couple of months as your product matures

• Sell your crop (which if done right, pays off your initial loan)

In the end, you own your grow facility free and clear. With hard money, you didn’t have to wait on crowdfunding, and you still have full ownership of your business. Don’t overlook the benefits of hard money for your “growing business.”

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Ever wondered if it’s possible to buy a new home without selling your old one? Don’t let the fact that your home hasn’t sold yet stop you from making an offer on the home of your dreams, an Arizona bridge loan might just be the help you need.

What is bridge financing? It is a loan that gets you from one house to another. The process is simple, get bridge financing, buy a new house, sell your old home, and use the proceeds to pay off your initial bridge financing.

But there are a couple of approaches you can take.

With a bridge loan, you need to decide what to borrow against, be it the full value of your home or your current equity.

• Borrow Against your homes full value: Say your home is worth 300, and your mortgage balance stands at 200. With this approach, you would borrow up to 80 percent of your homes outstanding value. In this case, you would get 240 in bridge financing to pay back your current mortgage, and you would use the difference to make a down payment on your next house.

• Pro- you’ll only have one mortgage

• Con- The balance of your loan will be higher. The higher your loan balance, the higher your monthly payments will be.

• Borrow against equity: In this case, you’d borrow up to 80 percent of the 100 K in equity you currently have on your house, equating to 80 thousand in bridge financing. You then use this money as a down payment on your new home.

• Pro-You’ll have a smaller loan balance

• Con-You’ll have two mortgages, the one on your original home and the one on your new home.

Both strategies result in one thing, moving to a new home without first selling your old one. But of course like any loan bridge financing comes with some risks.

With a bridge loan, you need to be sure you can resell your old house in short order

The most significant factor to consider before applying for bridge financing is, “will my house sell in a few months?

Because you might cross the bridge of moving from one house to another, but you need to cross the bridge from one loan to another ASAP, or at least within six months.

Bridge financing entails a balloon payment, which means that during the term of the loan you are just making interest payments. You will be asked to pay back the remaining balance of your loan after a few months. If there are hang-ups with the sale of your first home, you will be on the hook to pay 10’s of thousands of dollars, which you likely don’t have.

As proverbial balloon payments popped around the nation in 2008, so did the mortgage bubble and we all know how that went. But don’t let the term balloon payment scare you away.

First determine which bridge financing strategy is right for you, be confident you can sell your home within six months and then go for it. Don’t let the fact that your home is still on the market keep you from pursuing your dreams, or better yet your dream home.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Investors use hard money when an opportunity arises and they need to jump on it quickly before someone else grabs it or when they need to bridge a gap between where they are right now and where they want to go.

Hard Money Loans in Arizona can be referred to as many things— one such thing being a bridge loan. They are called this because in essence they are bridging an investor from one opportunity into another. These are the same type of loans that investors take out when they are flipping homes or commercial real estate—such as a mall or an office building.

When you apply for a traditional loan at a bank they generally look at the last three years of your businesses financing to see if there is enough collateral and cash flow to satisfy their lending requirements. When these requirements are not met or when a business has not existed long enough this will result in non-approval of the loan. This is why there are Texas Hard Money Lenders.

COMMERCIAL HARD MONEY LOANS OPEN UP OPPORTUNITY FOR BUSINESSES

When a bank turns down a borrower for either not being established long enough or has insufficient cash flow a borrower can turn to a hard money lender. These business owners can use hard money. This is money that is used to transform a business to where it needs to be in order to obtain traditional financing.

Hard Money Loans in Arizona are short-term, interest-only loans that typically have loan terms from six months to three years. The terms are short because these loans are intended to only be a short-term fix. Once the business owner has the capital to bring their business up to par, they can secure long-term financing.

A good example of when hard money lending may be useful is when an investor wants to purchase an office complex that is vacant and needs to be rehabbed. Because there is no income being generated from this property a bank will not approve the loan. However, a commercial hard money lender will approve the loan and use property as collateral to secure the loan.

A hard money lender can explain many different hard money scenarios that can work for an investor’s unique situation.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Unfortunately, a small business can’t prosper without funding. Funding can come from many sources—such as family, friends and loans.

If you are fortunate enough your friends and family will have enough cash on reserve to help you grow your business. However, the reality is most of us do not know many people that can just toss us thousands of dollars to invest in our small business.

A business owner can take out a Arizona small business loan from the bank. However, banks require stellar credit and enough monthly income for them to feel secure loaning money to a business— and let’s not forget the agonizing process of a bank loan. A business owner can easily wait months for approval and funding from a bank.

WHERE CAN YOU GET A QUICK SMALL BUSINESS LOAN

Private investors provide small business owners loans with capital to get their project off the ground. These investors can make a huge difference in the success of a business. There are clear benefits of working with a private investor—the main benefit being the quick access to capital. Private funding serves small businesses that may not qualify for bank loans.

Capital is the most important factor of a small business—it is what makes or breaks a small business. Bottom line is a business cannot grow without money. It can be difficult for small business to obtain approval for a bank loan and without private lending many businesses could struggle to grow or even to keep their doors open.

Small business owners with poor credit or new small businesses have a great opportunity for obtaining a small business loan with private investors.

Private investors are a good alternative to traditional bank loans. Most banks are weary about lending to new businesses and frown upon business lenders with poor credit. Private investors are also referred to as Texas Hard Money Lenders. These investors will use the business owner’s commercial real estate as collateral for the loan. The property is used to secure the loan and protection in case the borrower defaults on the loan. This is great news for business owners that do not qualify for a traditional bank loan. The loan you receive is almost completely determined by the collateral that is offered to the hard money lender. Because private money, or hard money, loans are not available through the bank, you will need to find a local hard money lender. If you are a small business owner in need of financing, please contact us at level4funding.com.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Read this article to find a hard money lender in Texas and learn how to make sure your loan gets funded.

When it comes to Texas Hard Money Lenders, many people don’t really know what they are. They have been stereotyped as loan sharks trying to take your money, but in reality this couldn’t be more false. Texas Hard Money Lenders are simply private investors that want to work with you and make money with you.

Finding a hard money lender can sometimes be difficult—especially because Texas Hard Money Lenders vary just as much as borrowers vary. Stay away from anyone trying to make money off of you buy selling you a list of Texas Hard Money Lenders. It is simple—google: hard money lender in Texas. Yes, it’s that simple.

HOW TO GET TEXAS HARD MONEY LENDERS TO FUND YOUR DEAL

First, make sure you have a deal. When you speak to a hard money lender they can’t approve funds for a property that isn’t there. If you aren’t sure if a deal is good enough for a hard money lender to invest in there are resources on the web that can give you that information.

Once you find a property, make sure that you are organized. There are steps to be taken when trying to obtain funding for your deal—be professional. Create a presentation that includes pictures, a business plan, your experience and goals and prepare a document with all the expenses that will be necessary.

Texas Hard Money Lenders want to see that you are willing to take as much of a risk as they are. Although, lenders may finance 100% of the deal, be prepared to put some type of a down payment. If you don’t have the money to do this yourself come to the table with some potential ideas where that money could come from. Maybe a silent investor or a partner would be willing to help with the down payment. If you can’t think of anyone that could help fund the down payment, maybe you will be the one to do the repairs yourself. Therefore, the cost of hiring someone can be deducted from the original loan amount— be creative and think outside the box. Lenders just want to see that you are willing to work hard and you have passion about your project.

Make sure that you communicate with your lender. If they ask for a document—make sure you are on top of it and that document is sent asap. If they call, answer the phone or call them back the minute you can. Don’t put them off. Be responsible and make sure your lender is comfortable with you and trusts you—remember this is their money they are risking. Make sure you follow through with your project as planned. This will help you when you need to take out another loan.

Texas Hard Money Lenders are individuals that are literally loaning you their own money.

Texas Hard Money Lenders need to see that you are professional, organized and have some skin in the game. Finding a hard money lender that you work well with is priceless—meaning you can make deal after deal after deal and have an investor that will fund you—which in turn means making a whole lot of money.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

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.

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