Monthly Archives: August 2019

The Benefits of Arizona hard money Business loans

August 30, 2019Uncategorizedbigdaddydennis

If your business needs cash, but banks keep turning you down, theres one option you might not have considered-Arizona hard money business loans. Learn what it is and how it might just be the right help for your business.

First what is Arizona hard money? Arizona hard money is basically any loan secured by the value of a hard asset. This could be your storefront, some form of inventory or even your primary residence.

You might be asking yourself “isn’t that the same thing as a secured business loan?”

Well, not exactly.

Heres a just a few ways conventional Arizona business loans fall short:

Banks give loans to business secured by collateral all the time, so how is Arizona hard money any different? Well banks also secure their loans based on your credit score which means their loans are:

• Hard to qualify for- Traditional business lenders only give funding to businesses with solid credit scores. So if you need financing to help improve your businesses’ cash flow, to help pay your bills and improve your credit score, a regular business lender wont help you.

• Inflexible: If you go to the bank asking for a loan to finance an investment that is even the least bit speculative your application is basically a no-go. The loan officer at the bank will likely put your business plan through the ringer. Even after they give you funding there will likely be limits as to how you can use that funding spelled out in the terms of your loan documents.

• Take forever—Banks will spend weeks if not months, sitting on their hands combing through the details of your application before closing your deal. So if you need funding to cover an unforeseen expense, going to a traditional lender is basically a waste of time.

Heres how Arizona hard money excels when compared to conventional business loans.

Unlike banks, Arizona hard money providers secure their loans solely based on the value of your assets, so credit is not a factor which means these loans are:

• Easy to qualify for: Like we said credit isn’t an issue, so if your business is essentially dead, Arizona hard money could finance an investment which could resurrect your balance sheet.

• Flexible: Arizona hard money providers wont restrict how you can use their funds. If you want a business loan to program a virtual reality store front, a Arizona hard money provider wont stop you. Whether a building a store in virtual reality is a wise investment is another question.

• Fast: If your all your inventory is currently sitting under six feet of water do you have months to wait on the banks ponderous application process? Probably not. Well Arizona hard money a quick appraisal of the property backing your loan is all thats needed to qualify. So Arizona hard money can help your business quickly get back on its feet in the face of an unforeseen disaster.

So if your business needs funding, but lacks a stellar credit score, you need funding for a speculative investment or you just need money quickly, Arizona hard money could be the help your business needs.

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

111 Congress Ave | Austin | Texas | 78701

About: 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.

Why trust deed investments are a better bet than stocks

August 30, 2019Uncategorizedbigdaddydennis

With trade wars escalating and stocks more volatile than ever, you might be wondering if theres a safer way to invest your money. Well there is-its called a trust deed. Learn what trust deed investments are and why they’re a better bet than stocks, especially in these uncertain times.

First what is a trust deed?

A trust deed is basically a mortgage where you as an investor act like the bank. You give a loan to real-estate developer, and In exchange for your investment, the developer pays you back on a monthly basis.

This arrangement might sound sketchy but just think for a moment when you invest in a stock do you actually know what your investing in?

Because trust deeds are secured by real-estate you can make a more solid investment

Because it’s familiar you might think the stock market is a safer bet but ask yourself a few questions-

• Do you know what determines a stocks value? No, because no one can say what a stocks price will be in 5 minutes. Even if have a masters in economics, you cant definitively say what a stock is worth.

• Do you know when a stocks value is going rise or fall? No,Stock prices rise and fall based on the news of the day and the hot air spewed by analysts. One bad news story or a vague tweet could send a stocks price plummeting.

• Do you know where the stock market is actually headed? Maybe. But lately its been all over the map.

In contrast, trust deeds are based on real-estate. Real-estate has a definite value that even an eight year old can understand. Everyone knows that a 100 square foot shack is worth less than a mansion. In addition, the price of real-estate is essentially based on supply and demand and lately the price of real-estate has been climbing, as the market digs itself out of the hole of the recession.

Trust deeds are hands off way to invest in real-estate, which makes them a better bet than stocks. Unlike stocks with real-estate you can understand valuations, you can pretty much say what the price of a given property will be tomorrow, and you generally know where the market is headed.

Still if your new to the idea of trust deeds, you might be wary. Well trust deeds are actually safer than stocks for the following reasons:

3 ways trust deeds beat stocks

Higher guaranteed yield: Trust deeds are loans with interest payments, usually in the high single digits. Basically you earn a guaranteed return on your investment every month. Stocks pay out paltry dividends a few times a year and even those aren’t guaranteed

Guaranteed return on initial investment- With trust deeds your pretty much guaranteed to make back your initial investment. Think about it can you just stop paying your mortgage? No. Even if a trust deed borrower stops making payments you have a protection stocks can’t offer

Right to recourse- basically you can foreclose and liquidate the borrowers property to make your money back.

So basically trust deeds are give you rights, protections and the potential for higher returns than stocks. If your still indecisive, think about it are you going to leave the value of your investment portfolio at the mercy of the presidents next tweet? Or would you rather earn a safe and steady income from a trust deed?

I’ll leave that for you decide.

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

111 Congress Ave | Austin | Texas | 78701

Two principles to Avoid Wasting Renovation Loans

August 30, 2019Uncategorizedbigdaddydennis

If your in new to the flipping business you need to know that just because you add a feature, doesn’t mean you add value. This article will outline two general principles so you can avoid wasting renovation loans on frivolous fixes.

First, what is a frivolous fix? Its any feature that isn’t common to homes nearby or that could narrow your pool of potential buyers.

You might think its a good idea to start knocking down walls, add in a cute little breakfast nook, or an office with built in storage solutions, because you’ve seen these sorts of things in magazines.

But whats your goal to make a pretty house or to make money?

To make money of course, so heres some principles that can help you avoid wasting money.

The first principle is don’t spend Arizona renovation loans on unnecessary projects.

The first principle is to plan your project in line with the realities of the market. For example, if homes nearby are selling for a hefty sum and they happen to have walled off kitchens, don’t waste your time and energy redesigning the homes interior.

I know almost every episode of any “flip or flop” type show begins with discussions of extensive layout modifications. Almost without exception, walls are knocked down, living rooms and kitchens joined, because only open concept houses sell right?

Not necessarily, while it might seem painfully retro to sell a house with a closed off kitchen, if houses nearby with similar layouts have sold for a decent amount, knocking down walls is a waste of time and therefore money. The more time you waste on unnecessary projects the higher your loan payments will be.

Remember your not an architect or an interior designer, your a flipping a house, it doesn’t need to be magazine ready it just needs to sell.

In addition, certain renovations might look pretty, but could have limited appeal, so along those lines,

The second principle is don’t spend Arizona renovation loans converting rooms

When it comes to a rehab the end result should leave as much to your buyers imagination as possible.

Because when buyers comb through online home listings whats the first thing they look at?

The number of bedrooms and bathrooms. So converting any room for a fixed use, or adding any sort of built in furniture is generally a bad idea.

You might think its a good idea to install benches in place of a kitchen table or to add a built in desk in a cute little home office, but buyers will only see a headache if they plan to use the room for something else.

Buyers can overlook your poor choice in paint color. But they might not be so quick to forgive one less bedroom than another a nearby home.

Projects that limit the use of different rooms could cause your home to sit on the market for weeks as you wait for that one special buyer who might need a home office or who wants a kitchen table that will take a week to move. The longer it takes to sell your home, the longer you’ll be making loan payments which will lower your profits.

So remember your not a designer, your an investor and your goal in the end is to make money, and if you follow the above two principles you can avoid wasting 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

111 Congress Ave | Austin | Texas | 78701

First time flipping? Why Professional Private money lenders are the real deal.

August 30, 2019Uncategorizedbigdaddydennis

If your a first time flipper, or real-estate investor you might be having a tough go of it getting financing from the bank. Theres lots of advice out there telling you that you can fund your first real-estate venture with a loan from a close friend or a relative. But getting a real-estate loan from your rich uncle is generally not a good idea. Learn the benefits of working with professional Arizona private money lenders.

If your a first time flipper struggling to fund your first deal, you might be considering going in hat in hand to a close relative or your best friend. You might think a big shot professional lender will pretty much give you the same deal as all his other clients, while relatives and relations always think the best in you. While convincing your mom to give you a zero interest loan for your first flip might be easy it’s not a good idea.

How Professional Arizona Private money lenders excel

1.They have the money- Things move fast in the flipping game and a professional private lender actually has money to lend you. Once the application process closes, you’ll have the money you need to get started.

In contrast, it might take months for your relative or best friend get their funds together. Waiting for your relatives to get their ducks in a row could cost you a great opportunity. Plus just think of all the awkward phone calls-“yes Uncle Lester, remember that loan we talked about?” On that note, with a professional lender…

2.You don’t risk your relationships- A professional lender might not cut you slack if you miss a payment, but they wont take it personally either. . It’s just common sense, money ruins relationships. On that note, theres a much better reason to work with a professional

3.You build a reputation- Do you think successful flippers rolodexes are full of close relatives ready and eager to fund their deals? The answer is no. Successful flippers get that way because they have an established relationship with a professional lender. After funding a few deals with a professional you might qualify for no money down financing, meaning you’ll be able to flip for free. The sooner you start building a relationship with a professional lende the sooner you’ll be able to get such deals.

You risk less and get more by working with professional Arizona private money lenders

Basically ask yourself if you want to risk your relationships in order to flip houses? What if something goes wrong (which it will) and you can’t pay your relative or best friend back? Think of all the tears, venomous phone calls and thanksgiving dinners where the only conversation is between the silver ware.

You can spare yourself all of that pain and heartache by getting a professional lender to fund your first deal. Getting a professional on board will get you your money faster, save your relationships and let you start a new relationship, one that can pay dividends for years to come.

Think about it.

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

111 Congress Ave | Austin | Texas | 78701

How to increase eligibility for Arizona Renovation loans

August 30, 2019Uncategorizedbigdaddydennis

If your just starting out in the flipping business, you may be wondering how to increase your eligibility for renovation loans. Sure the application process is easier than a bank loan, but that doesn’t mean these lenders just give money away. Learn some steps to increase your eligibility-these steps wont just help put your lenders mind at ease, but also help you increase the profits you can earn from your next flip.

By and large renovation lenders are mainly Arizona hard money folks. These lenders focus on property values above all else, which means there’s basically two things they care about:

1.When they’ll get their money back

2.What the value of your property is both now and after you’ve repaired it.

Along these lines, if your in the flipping game you can up eligibility by following these tactics.

Follow these three tactics to improve eligibility for Arizona renovation loans

1,Have a detailed plan before meeting with your lender- Have a clear timetable concerning each repair you’d like to make. Knowing these details and having them on paper will assure your lender about exactly when they’re going to get their money back. Plus it shows that you’ve carefully thought about your project and that you know what you’re talking about.

2.Cite a Realistic resale value- Your lender will want to know that the final sales price of your flip will cover the cost of your loan. So before meeting with a potential lender, know the resale value of comparable properties and know these numbers like the back of your hand.

3.Have enough savings on hand in case something goes wrong- What goes up must come down, and if you have a plan something will go wrong. So before meeting with a potential lender be sure you have enough savings on hand to make loan payments for a couple months, in the event your plans get derailed. Having any sort of financial safety net will greatly ease your lenders mind and improve your eligibility.

Not only will using the above steps improve your chances of getting approved they will also help you risk less and turn a greater profit on your next deal.

Using these tactics wont just improve your eligibility for Arizona renovation loans, they’ll help you risk less and make more.

Detailed plan keeps work on track- Having a clear timetable will ensure work stays on schedule and that you’ll pay your loan off as soon as possible. The less time you waste, the lower your loan payments and the more money you’ll make in the end.

Realistic resale value gives realistic profit projections- This will give you peace of mind of knowing how much money you’ll make on your project. It will also help you avoid flipping a 100k house that in the end sells for 105 K.

Having sufficient savings will prevent default- If you can’t make loan payments after work get seriously delayed, you’re going to default. If you default because you can’t keep up with payments, all those blood sweat and tears you’ve expended on your flip will go to waste.

So use the above principles not only to improve your chances of qualifying but to help you risk less and make more on your next flip.

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

111 Congress Ave | Austin | Texas | 78701

3 Best ways to use Arizona hard money loans

August 30, 2019Uncategorizedbigdaddydennis

You might have started investing in real-estate to find financial freedom. But currently your dreams might be on hold as you wait for the bank give you financing. But if you use Arizona hard money loans, you might not need to wait. Learn 3 ways Arizona hard money can help your make your dreams come true.

Arizona hard money is basically a private loan secured by the value of collateral, such as the property you intend to finance. Its a great way to fuel short term deals with a fast turn around.

What counts with these lenders is the potential value of a property, not its current condition or your financial situation, and because collateral is key here, there’s far less paperwork involved.

Heres 3 ways Arizona hard money loans can help make your dreams come true

• Give you money to fix up a property and sell it for a profit- If you want to get into the flipping business to escape the nine to five grind, you’ll need financing and Arizona hard money remains the best way to finance flips.

• Give you cash to make offers on competitive properties- If there’s a great rental property in an up and coming area and other investors are scrambling to make an offer, Arizona hard money can close quickly allowing you to seal the deal and make a full cash offer.

• Give you a chance to overcome financial issues- Perhaps theres a great investment opportunity that could pay off a boat load of bad debts, but lender after lender keeps denying you. With Arizona hard money you still have a chance to qualify because collateral not credit is key.

Heres three specific ways to use Arizona hard money loans

• When it comes to flips- Loans on real-estate are given either as a percentage of a properties current value, or a properties value after its been repaired. Unlike other lenders, Arizona hard money folks can give you loans based on a properties value after you fix it up. Which means you can get a bigger loan. The less money you spend out of pocket on a flip the greater your profits will be.If you need financing for a flip, would you rather have a standard loan for 75,000 dollars or get a Arizona hard money deal for 180,000 dollars?

• When it comes to cash offers- Since Arizona hard money is basically secured only by the value of a property, usually all that’s needed to qualify is a quick appraisal. While competing investors are scrambling to get funds from the bank or folks on their contact list a Arizona hard money provider can give you the cash you need to close the deal. Once the deal is sealed you simply refinance..Without Arizona hard money such a deal might not be possible.

• When it comes to bad credit-When it comes to Arizona hard money, collateral not credit is key. If you have a solid deal in mind that could pay off a boat load of bad debt, a Arizona hard money provider will look past your current financial difficulties. After you’ve earned a return and paid down your debts, you’ll likely qualify for more conventional financing. But other lenders wouldn’t have given you a chance.

So if you’re in any of the above situations, Arizona hard money really is your best bet.

Whether you want to flip a house, make a full cash offer or just need a chance to improve your financial situation-Arizona hard money is your best option.

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

111 Congress Ave | Austin | Texas | 78701

Can You Get a Renovation loan in Arizona with a Mortgage?

August 28, 2019Uncategorizedbigdaddydennis

If you’re trying to get a home renovation loan in Arizona with your mortgage, chances are you’ll run into challenges getting financing. However, there are a couple different ways to fund your project depending on the situation.

Banks look at lots of different factors when you go to get a mortgage. They’ll dissect your personal eligibility and look at things like your credit score, employment, and income. They’ll also look at the value of the property. Generally speaking, the most they’ll loan is 80% of the value of the property. They expect you to front the other 20%. This in mind, if the value of the property is $100,000, the biggest loan you are likely to get for it is $80,000.

The logic behind this is fairly obvious. If they give you $150,000 for that same property and you can’t compete the work, they’re stuck with a property that’s worth less than what they’re lent out and they don’t want the property. They’ll have to sell it for less than what they’ve paid for it.

This in mind, if you’re working with traditional bank loans, you’ll have to pay well under the property’s actual value to have enough to cover renovations too. This presents a catch-22. More often than not, properties that sell for significantly less have serious issues and the banks won’t finance them anyway. So, it’s generally very difficult to get a renovation loan in Arizona with a mortgage in one package when you go to a bank. However, there are ways to tackle both, but your next steps will vary depending on whether you intend to live in the home or not.

You May Be Successful with Government-Backed Financing if You Plan to Live in the House

The big distinction is whether you’re looking for an owner-occupied lending renovation loan in Arizona (you intend to live in the house) or a non-owner-occupied option (you’re going to flip it or rent it out). There are a few different types of government-backed options for those who intend to make the property their primary residence. Although the government does not actually lend the money out (the banks are still the lenders), programs offered by the government insure the loans, so the banks risk less and are more likely to lend. It’s the government’s way of helping more people get into homes. The two primary choices here are the FHA 203(k), which works for people with bad credit but has strict renovations about the types of renovations you can do, and the Fannie Mae HomeStyle mortgage which gives you more flexibility in renovations but requires better credit.

Alternative lenders can lend a helping hand if you won’t live on the property.

If you’re planning to flip the house or convert it into a rental, you probably won’t qualify for a renovation loan in Arizona from the bank or through a government program. Instead, you’ll want to check out alternative lending; more specifically, hard money loans. These are not contingent on good credit, but require a solid plan and often experience in the industry. They’re short-term options in which you’ll typically make interest-only payments, then pay off the loan in its entirety when you sell the property or refinance later—capitalizing on the fact that you’ve increased the value enough to qualify for a traditional option. Although you can sometimes pick up cash from a hard money lender as a traditional homeowner as well, their offerings are typically geared toward investor purchases, so they’re a better fit for house flippers and those who want to do long-term or vacation rentals.

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

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.

Top 3 Ways NOT to Spend Your Arizona Rehab Loan

August 28, 2019Uncategorizedbigdaddydennis

In today’s market, fix-and-flip ROI really comes down to smart fiscal management of the overall project and the types of repairs you spend your Arizona Rehab Loan on. Learn which repairs are losers to avoid pouring money into them.

1. Sunrooms, Four Seasons Rooms & Patios: Particularly in warmer climates seen across the sun belt, it would seem like ways to increase outdoor living space would be a great investment. While it’s true that people generally love outdoor living spaces, they’re not willing to pay more for them. Research presented by Moneywise shows you’re only going to get 48-49% of the money you spend on one back when you sell the property. While curb appeal is still essential, creating it doesn’t need to involve costly renovations.

2. High-End Bathrooms: Generally speaking, bathrooms are a great way to invest a Arizona Rehab Loan. Buyers prioritize bathrooms and kitchens. They’re looking for things like newer fixtures and updated designs. The problem is, many rehabbers overdo it and create spaces that are too lavish for the home and area, and in doing so, only get about 56% of of their money back at sale. Chances are, you can forego things like whirlpool tubs now too. Although these were once the mark of quality on a home, buyers have come to realize they just don’t use them and it’s an extra space for them to clean. If you’ve got a choice between going with a large upgraded tub or a shower, it may be better to focus on the shower, but again, don’t overdo it so much that the upgrades are too “rich” for the property and neighborhood.

3. Lavish Entries: Again, curb appeal is important, and so many rehabbers will spend a fair amount of the budget on creating an entryway that makes people pause and want to check out the house. There are a couple of problems with this though. First, it sets the expectations for the rest of the house. If the entry is the high point, viewing the rest of the home is anticlimactic and sends people away disappointed. Secondly, although the additional curb appeal can create excitement, it doesn’t usually translate into higher bids. You might get about 68% of what you spent back. It’s generally better to focus on quality materials and a proper install, but not high-end upgrades.

Learn How to Make Money by Touring Other Homes in the Area

One trick of the trade is to visit lots of other homes in the area that are up for sale. You may be able to get a feel for them by using real estate websites, but it’s not quite the same as viewing properties in person. Make note of the materials and types of upgrades you see, so you can keep your renovations on par with neighborhood expectations and costs, thus maximizing your rehab loan and not spending money where it won’t help.

Get the advice of a home inspector or appraiser, especially on your first few projects.

You may be adept at assessing the ROI of individual projects, but can you spot signs of water damage, mold, or shoddy prior work? These things are routinely caught in inspections, and buyers will want them repaired prior to closing. If you haven’t addressed them as part of the renovations, they’ll eat away at what’s left of your Arizona Rehab Loan and may tank your overall returns. Always work with an expert until you have enough experience to spot these issues early in the game.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378

22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave | Austin | Texas | 78701

Top 4 Things You Didn’t Know About Arizona Private Money Lenders

August 28, 2019Uncategorizedbigdaddydennis

Unless you’re in the industry or personally know some Arizona private money lenders, it’s hard to know what they’re really like. They’re actually just like people you meet every day, but they’ve built up wealth and like to lend their personal money out.

1. They usually fund projects they have expertise in. It’s only natural that private money lenders in Arizona, would gravitate back to the areas they know well. For example, those who have personally done fix-and-flips or rentals will often fund those deals for others once they’ve accumulated wealth. The logic behind this is simple: because they know the industry, they can assess the risk of lending on any given project fairly easily.

2. They’ve been where you are. More often than not, they funded their initial projects with hard money and had great experiences with it. It’s quite common for someone who’s really adept within a certain niche to build up their wealth and then turn around and lend to people doing what they once did.

3. They’re living the dream. Most don’t live wild lives, but by the time they’re ready to invest in the projects of others, they’re usually living pretty comfortable lives and spending their days doing what they enjoy instead of the daily grind.

4. They prefer working with brokers. Scoping out deals, examining the details, and overseeing all the paperwork is a ton of work. Many investors don’t want to bother with it or it’s outside the scope of their expertise. Life is easier for them when they have brokers find their deals and get things hammered out for them, and so you’ll often have more luck getting a loan from one if you connect with a broker first.

They Want You to Be Successful

Many people wonder what motivates private money lenders in Arizona to offer up their own cash. The short version is, they want you to generate more cash with it. They’ve likely already done the job you’re doing now and have accumulated enough wealth to be able to lend it out, which frankly, is a whole lot easier than being in the trenches of a rehab project or new build. They’re excited to see you grow and, at the same time, your success is theirs too. If you run a successful project, they want to be first in line to fund your next one too. It’s a win-win situation.

They’ve got cash in hand and are eager to lend.

Most private money lenders in Arizona continue reinvesting their money. Oftentimes, they’re already looking for a new deal to fund before their last one is totally paid back. It’s the nature of the business—they can’t continue to grow if their money is just sitting around, so if their money isn’t actively being used, it’s burning a hole in their pocket and making them uncomfortable. Now that we’ve recovered from the recession, investors are hungrily looking for the next deal they can fund, so if you’ve got a solid business plan in mind, it’s the ideal time to bring it to life with their help.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378

22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave | Austin | Texas | 78701