Tag Archives: commercial real estate lenders

How to Evade Texas Commercial Mortgage Pitfalls

September 21, 2017Uncategorizedcommercial real estate lenders, commercial real estate loan, texas commercial loan, texas commercial mortgage, texas commercial mortgage brokersbigdaddydennis

There are a number of common mistakes that many people make when it comes to a Texas Commercial Mortgage. But with some advice, there are ways you can avoid making these mistakes.

First and most importantly, don’t always focus just on the interest rate! The lowest interest rate doesn’t always mean it is the best option. Amortization is also very important. Always keep in mind that the longer the amortization, the lower the payment. This will help give you more time to pay off the Texas Commercial Mortgage. Not only should you compare the interest rate and amortization terms, you should also compare all of the terms and any extra fees.

It is beneficial to be prepared and have a plan. Lacking a clear goal for the property could really hurt you in the end. It is better to already have a plan in place before accepting any opportunities that come your way. Just because it is a good opportunity, doesn’t mean you should automatically take it. Looking ahead to the future and using forecasts, figure out if there is going to be a profit and increase to your revenue in the end. It is a smart idea to consult a professional if you are unsure or have any questions. This will help prevent any misunderstandings before advancing on.

But don’t just speak to an expert, really put some serious thought and time into considering any type of agreement. A Texas Commercial Mortgage needs to make sense on all grounds and be something that is going to be beneficial to your business. Make sure that your investment is going to supply a profit. Sometimes what you think is a good idea, might turn out to not be the case. If you keep getting denied, you need to listen to why and maybe reconsider some things. There is obviously a reason you keep getting denied, so take the time and effort to reevaluate your plan. Also, keep in mind that if the only approval offers that you are getting are coming with high numbers, then the investment might not be in your best interest.

How to Compare Texas Commercial Mortgages

With so many different opportunities out there, it is important to take the time to do plenty of research to compare all of your different options. Shop around for the best deal and compare all of the terms and fees along with the interest rate and other factors. There are many parts to a Texas Commercial Mortgage and you want to make sure you are taking into consideration all of them. And remember to not jump into anything and make a decision right away.

Look for the real deal, but when the right Texas Commercial Mortgage option comes around, go for it!

While conducting your research, you might come across a Texas Commercial Mortgage agreement that you simply cannot pass up. If it comes with everything you are looking for, and you have spent the time to look at your other options, then go for it! Be happy and satisfied with your decision and take it before you lose the opportunity.

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

Things To Consider When Reviewing Commercial Real Estate Lenders

February 3, 2017Uncategorizedcommercial real estate lendersbigdaddydennis

There is more to finding the right commercial real estate lenders than whether they will approve you. When considering the available commercial real estate lenders at your disposal there are several things to consider which can help you figure out the right one for you.

Going into business is a pretty big decision and one that will involve you having to make several big, important decisions along the way before you ever open up. One of the biggest, of course, is your location. The wrong one can doom you to failure before your business ever gets off the ground.

So, when choosing your location, it helps to have the right people involved in the process. But with all the commercial real estate lender available, how do you go about choosing the right one for you?

What To Consider When Reviewing Commercial Real Estate Lenders

On the surface, it may seem like deciding which lender to go with is easy—go with whoever will approve you. But if you do that, there is a very real chance you’ll get stuck having to honor terms that are advantageous to the loaner and problematic for you.

The following are several things to keep in mind when you are looking for a lender:

– You Have Options: Don’t settle for the best of the worst. There is someone out there who is right for you. You may have to do some searching to find him/her. But you are better off putting in the leg work now rather than regretting not doing so later.

– Choose the Best Loan for Your Business: Not every loan is the same so make sure you understand exactly what you think you need and what the lender is offering.

– Get Pre-Approved As Soon As Possible: The quicker you know how much you have to work with, the faster you’ll find your space.

– Work With a Lender Focused On Your Immediate Needs: It is nice that they want to protect your future, but if you never make it out of the present, the future doesn’t matter.

– It’s Smarter to Make a Smaller Down Payment: In theory, this means you end up paying back more later, but when you are getting started there will be several expenses that will come up that you did not budget for. It’s better to have the money on hand and not need it than to need it and not have it.

– Look for a Lender with an Entrepreneurial Mindset: Anyone can learn how to review loans and talk terms, but it takes someone with an entrepreneurial mindset to truly understand what you want to do and why it’s important to you.

– Do Not Choose a Lender Based on Interest Rate Alone: No one wants to have to pay the lender more money, but there are so many other terms to consider that can be vital to your success.

– Get Referrals: No one will know a lender better than someone who has worked with them before. If someone is willing to recommend them, then they can’t be too bad.

Don’t Hesitate To Ask Or To Dig

The last thing you want to do in the early stages of your business venture is not feel good about whoever you choose from the commercial real estate lenders available to you. So be sure and question them about anything you want and use whatever tools you have on hand to discover what you need to know.

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 lenders

Knowing The Different Types Of Commercial Real Estate Lenders

February 1, 2017Uncategorizedcommercial real estate lendersbigdaddydennis

At one point in time, the only lender available to entrepreneurs was the bank, but not there are several types of commercial real estate lenders to choose from.

There was a moment in time when the only avenue one had to satisfy a need for a commercial loan was the bank or “that guy” your buddy knows that charges an insanely large interest rate and gets aggressive if you miss a payment. That is certainly not the case anymore as several different types of commercial real estate lenders have developed over the years and are now available to meet existing demand.

While it is nice to have options, depending on your intended purpose, one type of lender may be better suited to meet your needs than another. But to figure out which one is right for you, it helps to have a better understanding of your options.

Six Most Common Types Of Commercial Real Estate Lenders

Before you get started looking for a lender, you should review what the six most common ones are:

– Banks: An oldie but a goody, banks have been involved in commercial real estate loans for centuries and likely always will be. They tend to have a significant amount of capital at their disposal (thanks to their deposits) and will get involved in a variety of types of projects. When looking into banks, it is important to keep geography in mind. Local or regional banks are more likely to only approve loans for projects in their region or community. Nationwide chains are typically not too concerned with geography.

– Life Insurance Companies: if you think about it, it makes sense that they would be involved in the commercial real estate. They have millions of people paying premiums, so they have capital on hand. However, they can’t afford to take risky loans and tend to gravitate towards safe, long-term projects with reliable returns.

– Bond Market (commercial mortgage backed securities): These are loans backed by bonds that may be as safe as can be to some that entail a lot of risks, but hold the potential for greater reward. The market is monitored by independent rating agencies that provide bond buyers with the information they need about investments.

– Debt Fund: this is an investment opportunity that allows investors to get involved in lending and/or buying loans. Investopedia.com defines a debt fund as “an investment pool, such as a mutual fund or exchange-traded fund, in which core holdings are fixed income investments.” They are common among construction loans

– Government Sponsored Entities: The purpose of these is to achieve some sort of public purpose by having a government created and controlled entities get involved in private financial dealings. They are not direct lenders but allow other institutions to originate a loan and then assume it.

– Marketplace Lenders: This is simply an online lender that matches a borrower with the appropriate investors. Crowdfunding is a common type.

Which Type Is Best?

When figuring out which of the many commercial real estate lenders you should go with, it can help to understand where they came from. Of course, if you aren’t sure which is best, talk to a few and ask questions. The ones that want your business will answer as honestly as they can, even if it means possibly losing your business.

Technorati Tags: Commercial lenders,commercial lenders,commercial loans,commercial lending

Commercial Real Estate Property: Your Quick and Dirty Guide To Fixing and Flipping

July 9, 2016Uncategorizedcommercial hard money lender, commercial hard money lenders, commercial real estate, commercial real estate lenders, commercial real estate loansbigdaddydennis

The commercial real estate business can be
very unforgiving, however, you can make it work for you. Before you start your new
venture as a realtor there are a few things that you should do prior to inking
your first deal.

The commercial real estate business can be
very tough when you are just starting out. As with any craft, there are
different things that you have to take into consideration. For example, the
real estate business can go through a feast and famine period. The recession in
the U.S. a few years ago is a perfect example of this. Before the recession hit
a lot of investors were buying up property at low prices and trying to turn a
profit by selling really high. After the market bubble burst there were not a
lot of properties being sold.

There really is
no way you can accurately predict the outcome of the economic climate. You can,
however, adjust the way you approach your investments. Before you start you
want to make sure you do a lot of research on the business. Make sure you talk
to people who have been in this business for years. They usually have a myriad
of trade tips that they have can vary. Anywhere from the best places to find a
potential buy to dealing with a lender efficiently. Asking someone first is
always better than spending a lot of time trying to educate yourself.

After educating yourself on the commercial real estate business you now
have to apply your knowledge.

You have a mission that you want to
accomplish, but you cannot complete your goal if you never take the plunge.
Like most coaches say, “You can practice all you want, but now it’s time for
the real game.” You want to start out by scoping the prospective places you may
want to invest in. Spend time in different parts of your city; go as far as
visiting surrounding cities to see if there are any commercial real estate properties that you would be interested in. You
want to set a set a price of what you are willing to pay and the lowest price
you are willing to sell your property for.

Where are the best places to look for commercial real estate opportunities?

One way you can
find potential commercial real estate
buys is by going through public records. Most of the time you will be able to find
a couple of homes that are either being foreclosed by using public records. A
lot of commercial real estate
investors will also drive around looking for distressed and abandoned
properties that need some refurbishments. This is called, “driving to dollars.
After finding the right place, you want to make sure everything is up to code
and the property is safe to live in or work in.

To find a
potential buyer, you want to begin by asking around to see who is looking for a
new home. Family members and friends are great options to begin with. Once you
find a buyer make sure that you negotiate a fair price for both parties.

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 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.

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

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Tag Archives: commercial real estate lenders

How to Evade Texas Commercial Mortgage Pitfalls

There are a number of common mistakes that many people make when it comes to a Texas Commercial Mortgage. But with some advice, there are ways you can avoid making these mistakes.

How to Compare Texas Commercial Mortgages

Look for the real deal, but when the right Texas Commercial Mortgage option comes around, go for it!

Things To Consider When Reviewing Commercial Real Estate Lenders