Tag Archives: commercial hard money

Avoid These 4 Pitfalls When Taking Out A Commercial Real Estate Loan

September 18, 2017Uncategorizedcommercial hard money, commercial hard money lenders, commercial mortgage, commercial real estate loan, texas commercial lending, texas commercial mortgage, texas commercial real estatebigdaddydennis

When used correctly, a commercial real estate loan is a valuable asset for your company. Extracting that value requires your company to avoid some common investing pitfalls, however.

Any commercial real estate investment comes with some degree of risk. That risk can be minimized, however, with careful planning and meticulous attention to detail by the investors. This goes double when financing property with a commercial real estate loan. The success of these investments depends entirely on how much preparation and research your company puts into the evaluation and financing process. Any failure in due diligence could significantly compromise the long-term return for the investment.
In fact, there’s a long list of ways to undermine this process, either due poor execution of company policy or mediocre employee performance. The best way to avoid these common pitfalls is to anticipate them and prepare a response. These examples illustrate how easily the most critical details regarding commercial real estate investments can slip through the cracks:

● Planning for investments without the details – This seems like a no-brainer, but you’d be surprised at how many real estate asset strategies comprised entirely of broad goals and strategies. You’ll want to generate a detailed, actionable business plan for your investment before you even think of visiting with lenders. The more detailed your plan, the more confident a lender will feel about approving your commercial real estate loan.

● Failing to check all your lender options – There are plenty of times where relying on tried and true professional relationships is a great way to save time and money. Taking out a Texas Commercial Loans to finance a real estate asset is not one of those times. Traditional banks and lenders may not offer terms that compliment your project timeline, for example. Be sure to evaluate private lenders who specialize in commercial loans to compare a wider selection of terms.

● Making investments based on gut-reactions – A shocking headline or news network hot take are not good reasons to make a commercial real estate investments. Taking a gut-reaction approach to commercial real estate is akin to making large investments in gold at the insistence of a cable television infomercial. Make sure your company’s next real estate investment are always based in observable patterns and hard market data rather than a personal whim.

● Valuing property without comparing similar deals – Even when working with a trusted, professional lender, it’s still best to do your own digging. Looking into sales comp information can give you an idea of how much similar buildings in area have sold for in the past few years. This due diligence provides your company with extra leverage when negotiating terms with a lender.

Make A Sound Investment By Using Every Resource At Your Disposal

It’s impossible to expect the unexpected, but your should certainly give it a try when it comes to making a major real estate investment. The best way to predict as many outcomes as possible is to leverage as many expert perspectives as possible.

Lending professionals familiar with commercial real estate loans are your best bet for flexible financing and helpful insights.

In addition to providing access to financing that fits your company’s long-term strategy, an experienced private lender can share their perspective as a specialist in the industry. Incorporating this input will only increase your company’s chances of making a sound real estate investment.

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

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Advantages of Commercial Bridge Loans for Real Estate Investors

September 7, 2017commercial mortgagescommercial hard money, commercial hard money lender, commercial hard money lenders, commercial hard money loans, commercial real estate, commercial real estate loansbigdaddydennis

Real estate investors commonly use commercial bridge loans when purchasing properties. Find out the best use for these types of loans.

Bridge loans are, as the name suggests, a bridge from one asset to another. Real estate investors often use these short-term, asset-based loans due to their rapid funding and easy qualifications. The term for this type of loan usually ranges from 3 to 12 months, though they may often be extended. Here are just a few of the many reasons commercial real estate investors are looking to this type of funding.

1. Provides funding for an additional investment property while you wait for another property to sell.

2. Quick capital for those properties that are being auctioned off and are acquired on a cash-only basis, or properties with multiple offers that will not accept a contingency based bid. A foreclosed property may come on the market and require quick action.

3. An investor is waiting for traditional funding and must cover expenses during this month-plus process.

4. If acquiring a property for a fix and flip, a bridge loan gives an investor access to quick capital that can be used for purchase and renovation. This same loan provides for interest-only payments during the renovation process and a principal payment after the property has sold.

5. When an investor needs additional funds to finish a project and get it on the market.

6. Some use these types of loans to buy out an investment partner. In this instance, funding may have initially been acquired using a participating mortgage loan. The lender, in these instances, becomes like a partner. And, as well all know, partnerships don’t always last.

The beauty of commercial bridge loans lies in their use of collateral to secure the loan. If an investor is confident in a commercial property but it currently does not have the needed loan-to-value ratio, they can fund a project through their own home’s assets and pay back the loan as soon as the investment property sells. Another benefit of an asset-based loan is that many hard money lenders will not take into account the creditworthiness of the applicant. They are more interested in the property and an exit plan.

Obtaining a Commercial Bridge Loan with a Hard Money Lender

Most bridge loans are obtained from alternative lenders. Private hard money lenders are one of the most common sources. They are specialists in asset-based loans making commercial bridge loans an ideal offering for their type of funding.

At Level 4 Funding, we specialize in short-term 3 to 12 month bridge loans with interest only payments starting at 7.99 percent. These may be extended up to 24 months and we fund up to 90 percent LTV.

We are interested in the project and you as a person more than we are interested in your credit history. We work with hundreds of private hard money investors, many of whom are interested in particular projects which include bridge loans for real estate investors. Call us for a no-obligation quote.

mark-gowlovech-150x150 Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com

Technorati Tags: commercial mortgages,commercial loans,commercial lender,commercial hard money lenders texas,commercial mortgage Texas,commercial loan Texas,commercial mortgage Arizona,commercial loan Arizona

Manage Your Expectations by Knowing How Commercial Real Estate Loans Work

September 3, 2017commercial loanscommercial hard money, commercial hard money lender, commercial hard money lenders, commercial hard money loans, commercial real estate, commercial real estate loansbigdaddydennis

As a small business owner you might have very little experience or information about how commercial real estate loans actually work. But learning the process can be a great help in successfully applying for a loan.

If you are purchasing your first commercial property or expanding to a new location that you plan to own, then you are certainly happy to be operating a successful business and one that is expanding into real estate ownership. But there could be a lot that you do not know about the process that could cause you a great deal of stress and even some major financial issues in the future if you do not have a good grasp on what you are agreeing to when you sign on the dotted line.

Commercial real estate loans are similar to a personal mortgage in that they are a means of borrowing a large amount of money to purchase a property. And both loans use the property as collateral, so in the event that you cannot pay and default, then the property can be foreclosed upon. And in both of these cases you are also required to make a down payment on the property. In the case of a home the amount of the down payment is not as large as the commercial loan requirement. A big part of the reason for the large commercial loan down payment is the volatility of commercial real estate values. They can increase or decrease very rapidly and with little or no warning. For this reason, lenders like to see some instant equity on a commercial property to be sure that they will have collateral which is valued high enough to cover the balance of the loan of you default.

Know How Commercial and Personal Mortgage Loans Differ

But the similarities quickly come to an end when you compare the term of a personal mortgage to that of a commercial mortgage. Some mortgages are issued for a short term which normally does not exceed three years and others can span from five years up to twenty. It is also quite common to have a balloon payment that is due on a commercial loan. In this case you make regular payments for 5 – 7 years and then the final payment is the balance of the loan. This means that it can be a very large amount. At that time you have the option to pay the final payment if you can or try to refinance the remaining loan balance. And refinancing can be a challenge if your company is struggling, your cash flow has dropped or if the owners have experienced some personal financial issues.

Understand What You Are Agreeing To

Getting a commercial mortgage is important to the growth and expansion of your business. But be sure that you are entering into an agreement with a full understanding of the terms and expectations for repayment. Having a large final payment due in less than ten years can put an exceptional amount of stress on you and your company’s finances.

mark-gowlovech-150x150 Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com

Private Equity Groups And Insurers Taking Care Of Commercial Real Estate Loans UK Banks Not Willing To Touch

February 1, 2017Uncategorizedcommercial hard moneybigdaddydennis

When the banking crisis hit the UK in 2008 many banks were hit hard because of the commercial real estate loans they had taken on. In the years since many banks have been reluctant to re-enter the market leaving private equity groups and insurers to pick up the slack.

Hollywood recently made a feature film about the housing crisis that hit the United States in the mid-2000s. What many people may not know is that banks were making costly mistakes in other parts of the world as well. When the crisis hit banks in the UK in 2008 many that were heavily invested in commercial real estate loans were hit the hardest.

When the smoke cleared, the government ended up cracking down on banks in the years following the collapse by mandating tougher regulations and requiring lenders to have more capital on hand.

As a result, many banks are not as involved in commercial real estate loans as they once were leaving a door open for another entity or entities to fill the void.

Private Equity Groups And Insurers Filling The Void with Commercial Real Estate Loans

In the UK last year, there were over $76 billion in new loans issued (£54bn). This amount was 19 percent higher than the amount issued in 2014 and 80 percent higher than 2013. Of the loans issued in 2015, only about 34 percent of them came from banks and building societies.

This was the highest amount of new commercial real estate loans issued in a given year since the bank collapse in 2008, and the lowest percentage issued by banks since De Montfort University began studying the market.

Someone had to step in to pick up the slack while banks dealt with all the new regulations. Private equity firms and insurance companies were more than happy to fill the void. Insurance lenders made the biggest gain in the last year by increasing their share of the market to 10 percent.

According to Peter Cosmetatos, chief executive of the Commercial Real Estate Finance Council for Europe the dramatic increase in new loans was due in large part to lenders being very eager to approve commercial real estate loans in 2014 and the first six months of 2015.

However, since then the market has begun to stabilize, lenders have begun to take risk into consideration more than they were. Officials do not feel that the high amount of debt could be setting the economy up for another fall because this time it is more equity driven than it was back in the mid-2000s.

Not All Banks Are Out Of The Commercial Real Estate Market

While it may not be easy, there are some banks that are still willing to get involved with commercial real estate loans. Last year the Lloyds Banking group approved its largest commercial real estate loan since the banking crisis, a $262 million loan (£185m) to finance a designer outlet mall near London’s O2 Arena.

Happy senior business man making his notes at work Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com 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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial real estate loan,commercial lending,commercial loans

Private Money Lenders VS. Commercial Hard Money Lenders

July 21, 2016Uncategorizedcommercial hard money, commercial hard money lender, commercial hard money lenders, commercial hard money loan, commercial hard money loans, commercial loan, commercial loansbigdaddydennis

We know that commercial hard money lenders aren’t banks or other traditional institutions that are in the business of loans, but are they private money lenders? Moreover, if hard money lenders are not private money lenders, then you may just be asking yourself, well who are they?

There are often so many interchangeable terms when it comes to the world of commercial lending that it is easy to forget that not all interchangeable terms always mean the same thing. For instance, it is not uncommon to hear the phrase private money lenders and naturally think non-bank lenders. Moreover, when people think of commercial hard money lenders, they are also inclined to think non-bank lenders. Are you confused yet? Well, it is okay if you are because you are definitely not alone.

The reality is both private money lenders and commercial hard money lenders are traditionally not banks. But, that doesn’t mean that both of these non-bank lenders are the same nor do they offer the same loan options. So, now that that’s a little clearer, let’s go over just how these two particular commercial money lenders are different.

For starters, you will learn very quickly that hard money loans meet a very specific need. For example, let’s say you are a house flipper or a commercial developer and you need quick, short-term financing without a lot of red tape. These two instances are generally when you want a hard money loan. In fact, these instances really make up the bulk of hard money loans. Moreover, it is because of this fact that hard money lenders appeal to a certain niche market. Private money lenders, on the other hand, are more relationship-based and offer loans for real estate transactions—plain and simple. In other words, there really are not any specific scenarios where you absolutely need to contact a private money lender to provide financing rather private money lenders are basically just another non-bank financing outlet.

Understand the Differences

To truly understand the differences between these two money lenders, you have to understand how they each operate. For instance, private money lenders lend short-term financing at a premium based on a combination factors such as the borrowers background, the quality of securing property and likelihood of repayment. Hard money lenders offer short-term financing at a much higher premium based upon securing asset value. Thus, the real difference between these lenders is not only in how they operate (agenda, post-closing flexibility, etc.) but also what they focus on (philosophy, property, and location).

Things to consider when choosing Between the Two

Ultimately, it is clear that private money lenders and hard money lenders are different in a lot of ways. But, they both offer the required, creativity (example: loans with prepaid interests), simplicity (not regulated by banking policies) and quick turnaround time i.e. quick cash that most commercial borrowers need. Nevertheless, now you can say with certainty that you know the difference between these two lenders, which in the long run should make it much easy to decide which particular kind of money lender is right for you.

Dennis Dahlberg

Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel: (623) 582-4444

Texas Tel: (512) 516-1177

Dennis@level4funding.com

www.Level4Funding.com

111 Congress Ave |Austin | Texas | 78701

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

Commercial Real Estate Loans: Which Loan Is Right For You?

June 28, 2016Uncategorizedcommercial hard money, commercial hard money lender, commercial hard money lenders, commercial hard money loans, commercial mortgage, commercial mortgage broker, commercial real estate loansbigdaddydennis

There are a multitude of commercial real estate loans. Are you sure you found the right loan for your business venture?

If you haven’t done your research yet, it may behoove you to know that there are several different types of commercial real estate loans. However, our focus will be on joint venture loans, participating mortgages and your standard real estate purchase loans. These particular commercial loans tend to be the most common choice when it comes to business ventures. Thus, with that being said, let’s go over what each of these loans can do for you and your next business venture.

For starters, a joint venture loan is what you want when all parties (generally two partners) are willing to share equally in the losses and profits of the property. Moreover, this particular commercial loan is extremely beneficial to those parties that cannot or may not be able to qualify for financing separately. A real estate purchase loan, on the other hand, requires one party or rather one borrower with excellent to near perfect credit along with the saving to back it up. Additionally, when it comes to collateral, in general, lenders tend to expect more with these purchase loans.

Lastly, participating mortgages, in essence, are when your joint partner is actually your lender. In other words, the lender receives the standard monthly payment plus interest, but because the lender is also a partner they ultimately share in the commercial property’s proceeds or income. This third option is definitely something to look into if you have potential tenants with financial stability and long-term goals.

How to Decide What Commercial Real Estate Loans You NEED!

So, now that we’ve gone over some of the commercial loan basics, it’s time to see what works best with your business plan and overall goals. Of course, additional research is always key to finding out which type of commercial loan will ultimately work best. But, nevertheless, when it comes to picking and choosing between the above-mentioned commercial real estate loans clearly the best course of action is to sit down and go over your credit score, your available capital or rather collateral and what your long-term purpose is for your future commercial property. Obviously, if you do not qualify on your own a joint venture loan would be in your best interest or you may even consider a participating mortgage, especially if you are interested in an office park. Ultimately, If your credit score is well into the 700s and you’ve got extra savings just laying around well then you have no reason to fear the all mighty real estate purchase loan.

Is Rotten Credit a Factor?

If you are like most business savvy people and do not have the credit scores that dreams are made of that’s perfectly okay. The reality is you still have other options, even more than we’ve covered. So, do not let rotten credit keep you from reaching your dreams or from taking your business venture to the next level. Remember, your goal is to pick a commercial real estate loan that works for you!

Dennis Dahlberg Broker/RI/CEO/MLO

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

111 Congress Ave |Austin | Texas | 78701

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate Loans and Lenders: What You Need To Know

June 25, 2016Uncategorizedcommercial hard money, commercial hard money lenders, commercial real estate lenders, commercial real estate loansbigdaddydennis

Selecting the right
lender for your commercial real estateloans is never easy. But with a few key questions you can narrow down your
options and ultimately choose the right lender for you.

Find the right lender for any commercial real estate loan is a
big deal. It’s a big deal because these particular kinds of loans are truly not
your everyday kind of loans. In other words, most lenders have ample experience
in residential loans as everyone needs a home. But, of course, not everyone
needs a business or an investment property and to each its own. Nevertheless,
the point is that the majority of big lenders are better versed in all things
residential. Therefore, it is your best
interest to find a lender that has a substantial amount of experience with commercial real estate loans.

Well, at this point, you may be wondering, just how exactly are
you going find a lender that specializes or rather has the right amount of
commercial loans underneath their belt? The trick is to ask the right
questions. Asking the right questions may sound like a simple solution to
ensure the future financial security of your company or business venture, but,
the truth is it’s all in the details.

For instance, you may find a lender that has extensive
experience with commercial real estate loans, which is great. But, stop and ask yourself, does this lender know my
market. In other words, your potential
lender has extensive experience with commercial or rather non-residential
loans, but in what market? You see details, they matter. Thus, with that being
said, let’s go over a few more key questions that will help you find the right
lender for you and your specific market.

Helping to
Narrow Down Your Lenders

Once you determine if there are lenders that have the right
experience in your particular market, it’s on to the tougher questions such as
how much capital does your potential lender have? This matters because you do not want to be
just another number to your lender i.e. you want a lender you can work with who
remembers your name and your business idea.

Additionally, you should ask your
potential lender about their borrower requirements and commercial loan services
offered. Know what’s expected of you as a borrower (how much collateral do you
need, what’s the policy on late payments, etc.) and what you can expect of your
lender (Are revolving lines of credit available? Are there multiple locations
and are they FDIC insured? ) is what it’s all about. Moreover, if you like what
you hear you are that much closer to your future lender.

Risk Less with Commercial Real Estate
Loans

Lastly, if you are a small business make sure that you are in
the best the position financial before you decide on a lender for your
non-residential loan. It may sound repetitive, but, for you to be seen as less
of a risk to your lender and for your commercial property to truly be
profitable for you, it helps to be financially stable or to have investors that
are financially stable.

Dennis Dahlberg Broker/RI/CEO/MLO

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

111 Congress Ave |Austin | Texas | 78701

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Top 2 Reasons Why A Commercial Hard Money Lender Is Right For YOU!

June 25, 2016Uncategorizedcommercial hard money, commercial hard money lenders, commercial hard money loanbigdaddydennis

Ready to move on with business, but your traditional bank loan officer may not be? A Commercial Hard Money Lender may just be the right solution for you. Find out why this is the real deal.

So, you’re ready to move on with business, but in need of a timely loan? Let’s go as far as to say that you’re ready to make your move and acquire that piece of commercial real estate, and are hard-up for funding? The good news is that you don’t have to be hard-up for hard money. A Commercial Hard Money Lender is a very viable, attainable option for you and here is why.

1) Commercial Hard Money Lenders are able to provide commercial hard money loans in a timely and efficient manner. They have the depth of understanding that the time to act on your piece of potential real estate is now, while others like yourself are competing with dueling bids. You simply may not have time for the traditional bank loan application approval process and funding that can sometimes take up to several weeks.

2) If you’re concerned about being denied a traditional bank loan or have currently been denied one, Commercial Hard Money Lenders are likely more willing to work with you than other banking institutions. While there are many reasons why you may have been denied a bank loan, a Commercial Hard Money Lender will often let your history of denial be just that, history. They deal with you in the “here and now”–meaning, equity invested and will the loan be repaid.

What Are Other Things To Consider When Contemplating Using A Commercial Hard Money Lender?

You understand that the commercial real estate opportunity of a lifetime could be passing you by as you wait and wait for a potential bank loan approval and related funding. In addition, you should know that Commercial Hard Money Lenders aren’t what they used to be. They are on the up-and-up, helping folks like you on a daily basis. Long gone are the days of risky loan practices and extraordinary interest rates. Today’s Commercial Hard Money Lender wants to work with you and see that you succeed! Your success is their success!

For A Successful Loan And Funding Process,
A Commercial Hard Money Lender Is Something For You To Research And Consider

At the end of the day, your goal to secure a potential commercial real estate property is a loan. Because Commercial Hard Money Lenders are willing to work with you, focusing on the value of the property and not on your history and credentials, researching and considering this type of lender may be just right for you. You will stand a much better chance of reaching your goal, so get started now!

Dennis Dahlberg Broker/RI/CEO/MLO

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

111 Congress Ave |Austin | Texas | 78701

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate Loans and Lender: What You Need To Know

June 25, 2016Commercial Real Estatecommercial hard money, commercial hard money loans, commercial real estate lenders, commercial real estate loansbigdaddydennis

Deciding on the suitable lender in your commercial real estate loans is rarely straightforward. However with a couple of key questions you may slender down your choices and in the end select the suitable lender for you.

Discover the suitable lender for any commercial actual property loan is a giant deal. It’s a giant deal as a result of these specific sorts of loans are really not your on a regular basis type of loans. In different phrases, most lenders have ample expertise in residential loans as everybody wants a house. However, in fact, not everybody wants a enterprise or an funding property and to every its personal. However, the purpose is that almost all of massive lenders are higher versed in all issues residential. Due to this fact, it’s your greatest curiosity to discover a lender that has a considerable quantity of expertise with commercial real estate loans.

Effectively, at this level, chances are you’ll be questioning, simply how precisely are you going discover a lender that specializes or moderately has the correct amount of commercial loans beneath their belt? The trick is to ask the suitable questions. Asking the suitable questions could sound like a easy answer to make sure the long run monetary safety of your organization or enterprise enterprise, however, the reality is it’s all within the particulars.

As an illustration, chances are you’ll discover a lender that has intensive expertise with commercial real estate loans, which is nice. However, cease and ask your self, does this lender know my market. In different phrases, your potential lender has intensive expertise with commercial or moderately non-residential loans, however in what market? You see particulars, they matter. Thus, with that being mentioned, let’s go over a couple of extra key questions that may assist you to discover the suitable lender for you and your particular market.

Serving to to Slender Down Your Lenders

As soon as you identify if there are lenders which have the suitable expertise in your specific market, it’s on to the more durable questions corresponding to how a lot capital does your potential lender have? This issues as a result of you don’t want to be simply one other quantity to your lender i.e. you desire a lender you may work with who remembers your identify and your enterprise thought.

Moreover, you must ask your potential lender about their borrower necessities and commercial loan providers supplied. Know what’s anticipated of you as a borrower (how a lot collateral do you want, what’s the coverage on late funds, and so forth.) and what you may count on of your lender (Are revolving strains of credit score out there? Are there a number of places and are they FDIC insured? ) is what it’s all about. Furthermore, in the event you like what you hear you’re that a lot nearer to your future lender.

Danger Much less with Commercial Real Estate Loans

Lastly, in case you are a small enterprise just remember to are in the very best the place monetary earlier than you determine on a lender in your non-residential loan. It might sound repetitive, however, so that you can be seen as much less of a threat to your lender and in your commercial property to really be worthwhile for you, it helps to be financially steady or to have buyers which are financially steady.

Dennis Dahlberg Dealer/RI/CEO/MLO

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

111 Congress Ave |Austin | Texas | 78701

Concerning the creator: Dennis has been working in the true property business in some capability for the final 40 years. He bought his first property when he was simply 18 years outdated. He rapidly realized concerning the superb funding alternatives supplied by trust deed investing and hard money loans. His want to assist others make money in actual property investing led him to focus on different funding for actual property buyers who could have hassle getting a standard financial institution loan. Dennis is captivated with different funding sources and sharing his data with others to assist make their goals come true.

Dennis has been married to his great spouse for 42 years. They’ve 2 lovely daughters 5 superb grandchildren. Dennis has been an Arizona resident for the previous 40 years.

Level 4 Funding Private Hard Money

Arizona, California, Colorado, Florida, Idaho, Oregon, Texas and Washington

Tag Archives: commercial hard money

Avoid These 4 Pitfalls When Taking Out A Commercial Real Estate Loan

When used correctly, a commercial real estate loan is a valuable asset for your company. Extracting that value requires your company to avoid some common investing pitfalls, however.

Make A Sound Investment By Using Every Resource At Your Disposal

Lending professionals familiar with commercial real estate loans are your best bet for flexible financing and helpful insights.

Advantages of Commercial Bridge Loans for Real Estate Investors

Real estate investors commonly use commercial bridge loans when purchasing properties. Find out the best use for these types of loans.

Obtaining a Commercial Bridge Loan with a Hard Money Lender

We are interested in the project and you as a person more than we are interested in your credit history. We work with hundreds of private hard money investors, many of whom are interested in particular projects which include bridge loans for real estate investors. Call us for a no-obligation quote.

Manage Your Expectations by Knowing How Commercial Real Estate Loans Work

As a small business owner you might have very little experience or information about how commercial real estate loans actually work. But learning the process can be a great help in successfully applying for a loan.

Know How Commercial and Personal Mortgage Loans Differ

Understand What You Are Agreeing To

Private Equity Groups And Insurers Taking Care Of Commercial Real Estate Loans UK Banks Not Willing To Touch

Private Equity Groups And Insurers Filling The Void with Commercial Real Estate Loans

Not All Banks Are Out Of The Commercial Real Estate Market

Private Money Lenders VS. Commercial Hard Money Lenders

Commercial Real Estate Loans: Which Loan Is Right For You?