Monthly Archives: January 2020

Successful Marriages Are Made with Arizona Rehab Loans


Arizona Rehab Loans allow you to purchase a home that is in need of repair and pay not only for the home itself but for everything you’ll need to fix it up. This is a great option for those who have their dream house in mind and need help restoring it.

Betty and Jack were high school sweethearts, and they both went to the same college. While they decided to go away together for school, they always liked to imagine they would come back to their hometown one day and buy a home. Betty always wanted to buy a house near the lake. In fact, she even had the one she wanted picked out. Unfortunately, when they were ready to move back home, they found out Betty’s dream house had fallen into disrepair to the point where it was unlivable.

Arizona Rehab Loans Are There When You Need Them

Betty was crushed when she thought they wouldn’t be able to buy the house she’d always loved so much. She and Jack didn’t have the money they would have needed to fix up the house after buying it, and they wanted to get married and move in somewhere right away. They’d almost given up hope… that is, until Betty found out about

Arizona Rehab Loans.

Betty found out that a rehab loan gives you the money you need to buy a home and fix it up, which was exactly what she and Jack needed. They talked it over and decided it was the best choice for their needs. When they had all the paperwork necessary to get their loan approved, they were not only able to get the house but were also able to renovate it in time to move in just one day after their wedding.

Now, they’re living in the house of their dreams in their hometown. Betty still tells people they never would have been able to make it happen without their rehab loan, which made it easy to renovate everything in the home they loved to their needs and standards.

Arizona Rehab Loans for Your Dream Home Offer a Win-Win Solution

If you want to buy your dream home but know you won’t be able to fix it up on your own, you can get a rehab loan. Lenders at our office will be happy to discuss the process with you, as well as give you any information you need on getting your own rehab loan.

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
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 rehab loans: Why you need educated estimates

Don’t take out Arizona rehab loans without a good sense of a flips after repair value or the cost of rehab.The following case of one hypothetical house flipper, who let blind optimism plunge him into the depths of a never-ending nightmare. This is the flopping zone.

Our hypothetical house flipper spies out a property at the edge of a pristine neighborhood. A cursory internet search about the value of nearby homes reveals the homes astonishing potential. Houses just a street over are selling in the mid threes while this little gem is only going for about a hundred K!

Dollar signs fill his eyes, getting greedy he plans a complete overhaul of the homes interior and gets an impossibly low estimate of 25 K for all this work, from a contractor he’s never met before.

On paper here’s what his deal looks like:

• Purchase:132

• Rehab: 25

• ARV: 325

• Time till resale: 6 months

• Loan amount: 170

• Interest rate: 11

Projected profits? 117,000 dollars!

Just look at that ARV, just look at the initial list price, just look at that rehab estimate. This deal is just too good to pass up, and our flipper doesn’t’t have time to waste checking reviews concerning his contractor or consulting real estate brokers.

Here’s what could happen if you take out am Arizona rehab loans based on an overestimated ARV and underestimated rehab cost.

Let’s see how blind greed induced our flipper into making two crucial mistakes, which accumulated into snowball of doom, which may or may not crush him.

His first mistake was that he rushed into the project with a contractor who gave him an extremely low estimate concerning the homes rehabilitation cost. Of course, said contractor held our flippers project hostage, inevitably demanding extra money after the home’s interior had been gutted.

In the end our flipper had to pay more than double the initial rehab estimate to another contractor. This rigamarole resulted in a months’ worth of extra loan payments. Not only that, the complete gut job our flipper undertook amounted to four months of extra work, meaning four months of extra interest payments but it all paid off in the end right? Wrong.

Because when he considered the potential resale value of his house our flipper made a crucial mistake, he never consulted a real estate agent. After work was finished his agent practically laughed him out of the office when he mentioned his intended list price of 325 K.

Why? Our flipper neglected to consider the busy road in front of his home.

Not only are homes on this given street selling for a lot less, they’re not even selling.

Call a realtor and find a reputable contractor before taking out an Arizona rehab loans

12 months later, the home finally sells let’s see how things played out for our poor flipper:

• Purchase:132

• Rehab: 65

• ARV: 250

• Time till resale: 12 months

• Loan amount: 170

• Interest rate: 11

Total profits? – 345 dollars. Our poor flipper barely makes enough money to pay his Uber driver, but he feels lucky to have escaped this nightmare without making a loss.

This whole nightmare could’ve been avoided if prior to taking out a loan our flipper had consulted with a realtor and checked into the reputation of his contractor. Thinking he could make big bucks he took out a larger than necessary loan and undertook a longer flip that he needed to. His initial inaccurate estimate meant he paid more in interest, as his project took longer.

Before you take on financing for rehab project do yourself a favor, get a good contractor on board and call a realtor because ARV is everything.

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
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

Explaining Hard Money

Hard money is a way to borrow money, for real estate purposes, without using a bank. Instead loans come from individuals or investors who lend the money using the property as collateral. Hard money is a great option when traditional lenders will not approve funding or when you need money quickly.

Waiting for approval, from a traditional lender, is a gut-wrenching, painfully slow process, even if you have plenty of income and a great FICO score. However, if you have any negative mark or an income that makes the lenders hesitate, the process can take even longer and there is a huge chance, you won’t even get approved.


Hard money lenders are different than traditional banks; they lend based on the collateral that is securing the loan. This allows them to not worry so much about the ability of a borrower to pay back the loan. Hard money lenders know that if you default, they can take the property and sell it. Therefore, the value of the collateral is more important than your financial situation or credit score.

Typically, hard money loans are short-term loans that last between 6 months and 3 years but can stretch longer if necessary. They also have higher interest rates than traditional loans.

Why Would You Use Hard Money?

Why would you use hard money, when it’s more expensive than other options? There are numerous reasons to use hard money. Since the lender is heavily focused on the value of the collateral versus your finances, hard money loans are closed much faster than traditional loans. Typically, these loans are closed within two weeks of application. Lenders prefer not to take possession of your property, but they won’t spend a tremendous amount of time picking through your financial records. The relationship is very important in a hard money loan. Once you have a relationship with your lender, the loan process moves even quicker; this gives you the power to close deals much faster than other investors. The ability to close quickly is a huge bonus when dealing with a property that has many offers.

Hard money loans are considerably more flexible than traditional loans. Hard money lenders evaluate each deal individually, instead of using a standardized underwriting process. This allows flexibility with repayment schedules. Because this is an individual you are working with instead of a corporation, it is easier to hash things out.

Hard money makes the most sense for a situation where a short-term loan is needed.

A good use of hard money use is for fix and flip properties; Investors buy a property, rehab it and sell it for a profit; allowing them to sell the property quickly and make a profit. Individuals with poor credit can use hard money to buy their home, but it would be smart to refinance as soon as possible.

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
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

16 January, 2020 19:52

[title: Should You Get a Land Loan?]

Getting a land loan may seem like a solution for borrowers looking to make a quick buck off the real estate market. However, it’s important you know the real deal about investing in land and working with hard money lenders before you jump into any loan agreements.

Whether or not a land loan is right for you really depends on your financial situation and who your loan lender is. Traditionally, borrowers go to public money lenders, like banks or credit unions, for their loans. Qualifying with a traditional loan lender usually means steady income, a great credit score, and a reasonable debt to income ratio.

When borrowers don’t qualify for traditional loans, it is still possible to receive approval from Private Money lenders, usually companies or investors, who offer hard money. Hard money is an alternative option with flexibility. Borrowers prove their potential to the lender first through the means of the project, then through their ability as a borrower. They can still be rejected, however, for many borrowers it can be a backup plan for their projects.

Investing in Land

Choosing to invest in land can be a profitable decision if you put in your research first. The last thing you want to do is get sucked into a land loanand be unable to meet payments or interest rates because your property wasn’t what it was cranked up to be. So, what should you look for in land?

Location is prime. Investing in a property that is near business, school, and entertainment districts make it a good option for potential buyers in the future. Being aware of any developmental plans in the neighborhood will be key to knowing how your land could possibly fare in the future. While buyers may choose to build an upscale, modern home, it is important to consider how it fits in with the neighborhood and existing community.

Location is also important when it comes to other things: power, curbs, sewers, and water lines. No one is going to want to purchase a home that can’t feature the basic amenities of a home. Additionally, you’re going to need to consider if the neighborhood is under HOA or if the city has special requirements when it comes to building.

Loans in Arizona

The hard money lenders in Arizona at Level 4 Funding offer a variety of hard money loans. Hard money loans differ from traditional loans in that there is speed and flexibility. Most hard money lenders can get the loan process within the week, compared to the waiting game of a month or more when working with a traditional money lender.

If you are seeking out hard money loans, consider Level 4 Funding. With no upfront costs and a free phone call to discuss your financial situation, we can determine what land loanis right for you. As we are Private Money lender, we can offer services that are unique to your financial situation. If you are tired of shopping around, give us a call today and finally make your dreams reality!



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
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

How Rehab Loans from a Hard Money Lender Can Fund 100% of Rehab Costs

If there’s one constant in the rehabbing business, it is change. Adapting to these changes is what can make or break a project; learn how to use rehab loans from hard money lenders to keep your refurb project on target.

Hey, we’ve been there, too — you’re on schedule and under budget on a refurb and the universe has other ideas. You find asbestos or lead paint. An act of god threatens to derail a major project. A redesign ends up costing more than you anticipated. You’re out of cash and you’ve got deadlines and bills looming. If you can finish the project, you can sell for a profit and be out of the woods and onto the next one.

The banks might not want to deal with you at this point, especially if you’re already struggling to pay off what you’ve borrowed, or you don’t have near-perfect credit and an unblemished financial record. You could throw up your hands, give up on the rehab or leave projects unfinished and sell (possibly for a loss).

Or, you could get a hard money rehab loan.

How Hard Money Rehab Loans Work

Hard money lenders use private money to fund projects they care about. Unlike the banks and big financial institutions, these lenders aren’t hand-tied by major federal regulations. If they think the project has merit, they can get the money and, since there’s no complicated underwriting, they can often do it in just days or weeks.

With hard money loans, you put up a property or asset as collateral. With a loan for a fix and flip, this could be the property you’re working on or it could be an unrelated property. It’s a simple transaction; if you can use the money to finish your projects and sell your flip for a profit, you pay off the loan and pocket the gain. If not, the lender has an insurance policy. In essence, you’re betting on yourself.

Get a Hard Money Loan for a Rehab Property in Arizona

If you’re looking for a rehab loan in Arizona, you’re already in the right place. Level 4 Funding has loans that can cover up to 90% of the cost of the property and up to 100% of the rehab costs. Interest rates are as low as 5.99% and terms can be as few as 3 months and as long as 60 months. Click the chat button, give us a call or shoot us an email to get your project funded.

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
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

Did You Know Owner Occupied Colorado Hard Money Loans Exist?

Colorado Hard Money Loans aren’t just for investors, owner occupied Colorado Hard Money Loans are here to help people buy the house of their dreams!

It’s common knowledge that Colorado Hard Money Loans are a great way for investors to get the funds for their investment projects. But did you know that owner occupied Colorado Hard Money Loans exist? It’s true!

There are two types of owner occupied Colorado Hard Money Loans. First, it can be used to purchase a home if traditional lending isn’t an option. Second, it can be used for investment purposes. Here’s the run down!

Owner Occupied Residential Properties

We know that purchasing a home through a traditional lender means tough requirements that not everybody can meet. What an owner occupied Colorado Hard Money Loan will do is enable a buyer to make a purchase with less than desirable credit until they can secure permanent funding.

Here are some reasons you may want to use an owner occupied Colorado Hard Money Loan for your primary residence:

Bad credit, recent foreclosure, or short employment history.

We can look beyond the traditional requirements to see the value you bring to the table as a buyer and we can create a loan tailored to your needs and have flexible repayment plans that can tide you over until you qualify for a traditional home loan.

Owner Occupied Investment Properties

Here’s another fact about owner occupied Colorado Hard Money Loans – you can use them to buy a multi-unit property, occupy one of the units, and rent out the rest! This is a great way to use real estate as an investment because not only will it provide you monthly income, but it’s an easy way to manage a property yourself and save costs on a property management company.

We here at Level 4 Funding have helped countless investors and buyers get the money to make the purchase they dream about. If you want to discuss how an owner occupied Colorado Hard Money Loan could work for your situation, give us a call today!


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 and 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
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Can You Still Be Successful with Arizona Rehab Loans in 2020?

The housing shortage created a seller’s market in 2019, but experts say a major shift is coming in 2020. Start evaluating options for Arizona Rehab Loans again—your buying power will go farther.

Housing stock throughout the country hit record lows in 2019. The trend was largely brought about by favorable interest rates, which gave first-time buyers the confidence they needed to take the leap. Millennials, in particular, began entering the market in masse. Much of the generation watched their parents struggle through the recession, as well as the corresponding job and home losses. This, paired with high student loan debt, made them wary of purchasing in the past, but market conditions helped them overcome their concerns and created a massive surge in entry-level single-family home sales.

According to CNBC, supply dwindled to less than four months of stock, with certain areas being harder hit than others. Six months of stock indicates a healthy and balanced market. Although changes were seen across the board, it’s most noticeable in the $100,000 to $250,000 bracket. National vacancy rates are all the way down to 6.8%, representing a 7.1% drop in just a year. Ultimately, the diminished supply also increased housing costs. Buyers have seen a considerable uptick. Renters have seen a 4% in the past year.

The pivot to a seller’s market made it harder to get good deals, meaning those leveraging Arizona Rehab Loans for their fix-and-flips needed to find novel ways to stay ahead of the crowd as competition for the best prospects grew. Although many successfully stayed within the fix-and-flip, by leveraging connections and thinking creatively, others switched to fix-and-hold to take advantage of increasing rent rates. Some switched to new construction to meet demand as well.

Experts Say We’re on the Verge of a Recession

Of course, what goes up must come down. Information recently published by Investopedia indicates a recession may be coming in 2020. Based on a mix of research and surveys of homeowner sentiment, it’s may arrive as early as the first quarter too. Experts say the very thing that’s currently rising market values—booming demand and short supply—will also contribute to a cyclical downturn in the economy. When that happens, demand will slump and values will fall, making it easier to grab better deals and work Arizona Rehab Loans again.

If you know how to evaluate a good deal, you can make money in any market.

Regardless of predictions, nobody really knows what will happen with the market, and for every source that says a downturn is imminent, there’s another that says it will hold steady for the foreseeable future or that the trend will continue. Whether your specialty is new constructions or fix-and-flips or fix-and-holds with Arizona Rehab Loans, it’s possible to continue doing what you do best in any market and still turn a profit. Of course, that doesn’t mean the signs should be ignored entirely, but rather monitored for shifts so strategy can be adjusted.



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
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

Got the Urge to Turn that Odd-looking Old Building You Saw Into a Restaurant?

An Arizona Rehab Loan may be the best answer for you.

The term ‘Arizona Rehab Loan can be described as an umbrella that covers several types of loans, mostly concentrated on three things: the purchase price of the property; the costs of needed renovations; the market-ready value of property following the work. In most instances, re-sale is done within a 12-month period to repay the original loan. Ideally this is done at a profit to the borrower, who now has experience, field contacts and money in his pocket. These loans also are dispensed under various titles that have one of more nuances or conditions that differ from each other.

Even the lenders—both hard money and private –have their varying terms and conditions that set them apart despite the titles being used interchangeably, both in print and conversation. Private lenders center on the borrower’s credit, collateral and their ability to repay the loan. Hard money funding sees the collateral as the first in line for payback in case of a default by the borrower.

Some examples of these types of funding, along with the usual type lender, are described below.

  1. Renovation loans cover several areas of lending, but all boil down to one thing—the lender is applying for funding to renovate a property that will have a higher market value when s/he is finished with repairs than it had at the initial purchase. Common names for this loan include reno, rehabilitation and fix-and-flip.

Hard Money Lenders are commonly used in this type of funding.

  1. Existing Arizona Construction Loan, while similar to regular Arizona Rehab Loans, are not exactly the same thing. Yes, you are changing the face of an existing property, but it normally involves set specifications and detailed floor plans. The lender will probably have the say-so on approval of a builder, while the borrower is allowed to choose their own contractor.

Most lenders for this type loan fall under the definition of private investors.
3. Bridge loans (generally done to cover interim financing needs) are pretty well defined by what the borrower wants to do with the property and cover several areas, besides the usual types, including ones for owner-occupied residential properties when the borrower is in most instances using the funding to repair their personal residence. Non-owner occupied loans are generally funding used to repair rental property that is currently occupied by tenants. Commercial property can fall into this category as well when the funding applicant will be using money to repair their own business or another for re-sale later.

This funding is generally handled by private lenders.

When pursuing an Arizona Rehab Loan, try to find a lender that can and will cover costs of purchase and repair in single package. This saves the time and effort put into applying for a second loan later on and you will already know the individual or company that you originally work with in the beginning. Smaller local lenders can work well with unique situations and have more flexibility, but larger firms have access to more funding.



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
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

Do You Wish You Could Get a Commercial Loan with Bad Credit?

Bill didn’t think his credit was good enough to get a commercial loan. Fortunately, he had a friend tell him about Arizona Commercial Hard Money Lenders.

Bill had always wanted to buy property and rent it out. He thought he could have a real knack for real estate, and he felt it would be the perfect way to invest in his future—as well as the futures of his children. Still, Bill had been dealing with a low credit score for years. Though he’d managed to get it up somewhat, he was starting to worry he’d never be able to get it to the level he needed in order to get a traditional loan to buy the kind of property he wanted.

Bill and Janet: Things to Consider

One night, he was telling his friend Janet about his idea and bemoaning the fact that it would never come to fruition. Janet smiled and told him, “You know, you should think about visiting a hard money lender. They’d be able to give you a loan even with without really excellent credit.”

“But how could that be true?” Bill asked. Janet explained it to him. Arizona Commercial Hard Money Lenders, she told him, based their lending decisions on the commercial asset rather than on the credit of the borrower. This meant they based the decision on the property itself. Janet also told him he could obtain the loan with his first mortgage.

Bill was aghast. Could he really get the property without having to deal with his lower-than-average credit score?

Bill and Mike: The Real Deal

Bill visited a local lender and talked to a man named Mike. Mike told him that Janet had been right and that it would be possible for him to get the loan he wanted. That week, Bill did lots of research on his own and talked to Mike on the phone every day. Once he had everything together, Mike drew up the paperwork, and Bill got his loan. Soon, he was the owner of a top-tier rental property that set up his future in a wonderful way.

Would You Like to Make Your Dreams Come True Like Bill Did?

You can discuss your dreams with Arizona Commercial Hard Money Lenders and find out if this is the best path for you today.



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
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.
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Arizona Land Loans: Why Local Private Money is the Real Deal


Arizona land loansare a risky proposition for any lender. If you happen to be a real estate developer, the realities of your deal, might not mesh with the tedium of bank bureaucracy or the impersonal attitude of big time national lenders. Consider the following story and learn why you need to go local and private when it comes to getting financing for your development deals.

Say there is a real estate developer looking to build a sweet little condo complex right in the midst of all that glamour and neon downtown. Given the location he’s sure these units will sell like hotcakes.

The problem? – The Parcel he wants to purchase is zoned commercially, and worse than that its only zoned for a single building.

Yet he’s been working with the city council for months, and approval for his plans to rezone seems within reach, now he just needs money to buy the lot.

Shouldn’t be a problem, right?

When it comes to Arizona land loans you need to go private

Given how solid his deal is our developer assumes he will have no trouble getting the financing needs from a local bank. The loan officer at the bank seemingly agrees with his projections, as a developer extends his hand “but…” the loan officer begins. The once friendly air in the room suddenly begins to dissolve.

The loan officer thoughtfully explains that the zoning issues make financing his deal impossible.

Our developer knows he has other options though; surely an alternative private lender won’t be hampered by bureaucracy like his local bank.

A brief phone conversation with a private lender he found online, inspires his hopes that his deal will close. But after weeks of unanswered emails, missed phone calls and radio silence our developer is getting frustrated.

Suddenly an alert on his phone chimes in, it’s the big online lender! He’s been rejected.

Why? Well the zoning issues of course, even though our developer mentioned these details in his initial meeting, the big absent-minded national lender- didn’t’t bother to following up with the city councilors he mentioned.

Our poor developers are at his wits end, and all hope seems lost.

When it comes to Arizona land loanslocal private lenders are the real deal

Our developer reaches out to a lender who is both a local and private lender who actually meets with him face-to-face.

During this meeting they go over his plans, his projections and all seems well and good. But our developer reluctantly admits to the local private lender, that his deal is contingent upon rezoning by the city council.

Instead of writing him off, the local private lender takes the time to reach out to the city council and even sets up meetings with some of its members. These meetings assuage said lender that rezoning is a foregone conclusion. The deal is sealed.

Our developer’s sleek modern condos with their glass facades and resplendent views of the skyline sell in short order, and all is right with the world.

What can we learn from this story?

If you intend to build a speculative real-estate project you need a lender who will take time to consider the details of your project, look past their rigid checklist and actually take the time to see your deal from a local’s perspective.

Big-time national lenders and local banks won’t be able to do either of these. Simply put if you are a real estate developer and want to buy land you need to go local and you need to private.

If you’re a real-estate developer in the Phoenix area, consider Level 4 Funding, a local and private lender, for all your land financing 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
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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