Tag Archives: commercial real estate loans

Commercial Real Estate Loan in Texas Used to Refinance One of the Most Well Known Buildings in the Heart of Houston

4page_img4After experiencing the devastation of Hurricane Harvey, some good news comes to the area. The city of Houston is eager to see the changes that will be made to one of their most popular and well-known office buildings in downtown Houston thanks to Holliday Fenoglio Fowler approving a commercial real estate loan in Texas

Located in the heart of downtown’s Houston Theatre District, one of the most recognizable buildings in the Houston skyline and even across the globe is going to be getting a new look, all financed by a commercial real estate loan in Texas funded by Holliday Fenoglio Fowler. The architectural icon is at 700 Louisiana in Houston’s central business district.

The 1.2 million square-foot office is 56 stories and was designed by Phillip Johnson and John Burgee. The building currently homes many law and financial services firms that benefit the Houston community greatly. Luckily, Hurricane Harvey had little impact on the business operations of the building, with all of the businesses in the building is back to their daily activities.

The borrower of the commercial real estate loan in Texas, M-M Properties worked closely with Holliday Fenoglio Fowler in a very detailed process to get the refinancing rolling. The impact of refinancing the well-known building is going to give it a higher property value by sprucing up the lobby and more.

Privately held real estate investment firm gets help with commercial real estate loan in Texas

With M-M Property having their headquarters based in Houston, they know how hard the area was hit by Hurricane Harvey. The property management company is hoping that this is a positive event happening after such a devastating time. M-M Property is an experienced, privately held real estate firm that is located in the heart of Houston.

The commercial real estate loan in Texas lender is eager to see how the changes will improve the area’s value.

After Houston was hit hard by Hurricane Harvey, Holliday Fenoglio Fowler is excited to see the changes that will be made during the renovations to bring the area back to the way it was before the storm rocked the area, causing 18 counties in the state to be declared disaster areas. Holliday Fenoglio Fowlers has 24 offices across the country and is a leader in commercial real estate loans in Texas and throughout the United States along with offering many other financial and marketing services.

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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
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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

Tips for Getting Commercial Real Estate Loans

Apartment-Complex-300x214Commercial real estate loans are not as easy to acquire as you might think. But using a few tips can insure that you get approved and get a great rate.

You would think that lenders would be eager to grant commercial real estate loans due to the large dollar amount and the potential to make a great deal on interest. But in most cases, it is tougher than you would expect to complete the application process and qualify for the loan. But using a few proven tips can help to eliminate much of the pain associated with the process.

The first step that you need to take even before you have found the property that you are buying is getting your application packet in order. You will want to have this task done before you really begin to shop for a property because the preparation can take some time and you don’t want to lose out on a great property while you are digging through paperwork. You will need current financials as well as a few years of historical financials, tax returns for the past 3-5 years, rental schedules, leases, copies of sales contracts and AR statements, bank statements and asset and liability statements. Having these documents in order will help to expedite the application process for any commercial real estate loans.

Once you have found the property that you want, be sure that you do the research and know what the actual market value of the property is. This could be different than the asking price but understand that the lender is only interested in the market value. That is the value that the property will hold as collateral on the loan that you are asking for and that is what the lender is really interested in. Also understand that you will be required to make a down payment of around 30% of the market value. If you are willing to pay more than market value for the property then you will also need to pay the seller the delta between the market value and the asking price.

Prepare a Structure Diagram and Asset and Liability Statement

Having a complete structure diagram will help to save valuable time when the lender is evaluating your business. It gives them a clear picture of your business, what you do and how you accomplish it. This can save many weeks of questions when they are trying to evaluate your creditworthiness and the overall stability of your business. The asset and liability statement will be the document which will explain your financial stability in a nut shell. These two documents can greatly simplify the lenders discovery process prior to approving your loan.

Hire a Professional

Most business owners have no idea how much documentation is required to apply for commercial real estate loans. And once they begin the process they quickly become overwhelmed. You hire a lawyer to handle legal matters and an IT professional to design your network so it only makes sense to hire a professional broker to assist you with purchasing a property. It will not only eliminate much of the stress but it can also eliminate a lot of time that would be wasted resubmitting your application packet if there are errors or missing documents.

Dennis-Dahlberg-Mortgage-Broker-1_th_thumb

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
clip_image002clip_image004clip_image006clip_image008

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

Advice about Getting Commercial Real Estate Loans

4page_img1Most business owners are not very familiar with the process of getting commercial real estate loans. But these pieces of advice can help you to manage your expectations and succeed when you are ready to apply for a loan.

When you find a great commercial property that you want to buy time becomes a huge factor in everything that you do. Your first question to most lenders is about how quickly they can get your application processed and get you the money that you are requesting. Tip number one is that the standard answer in the commercial real estate loans industry is 30-45 days to complete the process. But the truth is that in most cases it takes more like 60-90 days to get through the process. Some of that could be due to ill prepared borrowers who are missing documents and information on the application but part of it is also going to fall back on the lender and their processes. So be prepared to spend several months ironing out the processed of completing commercial real estate loans.

Rule number two is to keep your options open. You never want to rely on just a single resource for anything in your business and commercial real estate loans are no different. You need to have a backup plan for several reasons. In some cases the lender might have very strict qualifications that you might not meet. Another issue could be the time that it takes for a lender to process your application. And even after you have applied and been approved, you might find that you are not in favor of some of the terms that the lender has in their contract. Having several options allows you to carefully evaluate your options and make a selection that is best for you and not just for the lender.

Tip three is one that can save you some money. Don’t get talked into requesting an appraisal on a property yourself. If you think that it is going to save you time and money, you are wrong. You can’t submit an appraisal to multiple lenders and save money. By law the bank must request their own appraisal and they must also have an environmental study completed on the property.

Start Small but Don’t Be Afraid to Go Big

Starting with local banks and your local Small Business Administration office is smart. Local banks and smaller lenders are often willing to work very hard to beat out the competition for your business. But don’t forget to check out your options with some of the big lenders. Different lenders have different criteria for loan qualification as do lenders of different sizes.

Think Outside the Box

If your first application or two gets turned down, don’t give up. There are many different types of lenders out there. You might need to look into alternative lending options to start with and move to a more conventional lender in a few years. But take the knowledge and experience you have gained on the first few applications and keep looking for your perfect lender.

Dennis-Dahlberg-Mortgage-Broker-1_th

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
clip_image002clip_image004clip_image006clip_image008

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

Basics of Commercial Real Estate Loans

2page_img3Understanding commercial real estate loans is the first step in deciding if you are ready to own a commercial property. Learning about the process will ensure that you know what to expect and how to prepare yourself and your business.

Owning a successful business is a rewarding accomplishment and one that might be leading you to consider purchasing a commercial property for your business. But you need to know more about the process and the requirements before you begin to invest your valuable time in searching for a property. The application process is not as simple or fast as a personal mortgage process and the documentation required can be much more in depth. But once you understand the eligibility and requirements you will be better able to make your decision about purchasing a commercial property.

Commercial real estate loans are secured by liens on the property that you are purchasing. The lien gives the lender the right to take the property from you if you do not make the payments that are outlined in your loan documents. This protects the lenders investment in the event that your business fails, the economy disrupts your business or any other issue that could cause you to default on the loan. But because commercial property value can fluctuate more than residential property, the lender requires that you make a large down payment on the property. This is a way of creating instant equity which is good for both you and the lender. It reduces the amount that you are borrowing and therefore reduces the amount of interest that you are going to pay. And it also helps the lender to know that if you default on your loan, then they have a better chance of recovering all of their investment even if the property value has dropped since you purchased it.

Commercial real estate loan terms are also a bit different. They are normally in two terms. The first is intermediate and is for three years or less and the long term is from 5 years to 20 years. There is also a balloon loan that is an option. In this case the loan payments are mostly just covering the interest and at the end of the term you owe a final payment that covers the balance of the loan. In most cases the payment is very large and the borrower is forced to refinance the loan to cover the final payment.

Know Your Interest Rate

Because a business’s financial stability is more tied to the economy than that of an individual, lending money to a business is, in general, considered to be more of a risk. For that reason, commercial loans tend to have a higher interest rate and additional fees that must be paid. Be sure that you are carefully examining all of the fees and interest that you are agreeing to pay before you sign the loan agreement.

Research Your Options for Lenders

Knowing about the commercial real estate loans process is only half of the research that you need to complete. You will also want to learn about all of your options for lenders. Commercial banks, credit unions, mortgage lenders and the Small Business Administration are all good options to explore when you are ready to apply for a commercial real estate loan.

Dennis-Dahlberg-Mortgage-Broker-1_th

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
clip_image002clip_image004clip_image006clip_image008

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

The Differences between Residential Loans and Commercial Real Estate Loans

4page_img3-bigMost people assume that all mortgages are basically the same. But there are some very key differences between residential loans and commercial real estate loans.

Many business owners assume that when they are ready to buy a commercial property, the process will be much like when they applied for a personal home loan. The fact that it is a loan used to purchase property is the same but there are a few important differences that you need to fully understand before you begin to search for and apply for commercial real estate loans. The process is more in-depth and requires more documentation than a standard home loan. Knowing the process will help you to manage your expectations and be successful when seeking your loan.

The first difference is that your business entity might not have a financial history that is long enough to secure a loan. If that is the case then the lender is going to require the owners of the business to guarantee the loan. This is the lenders way of ensuring that there will be someone to repay the loan if the business fails or is unable to make the loan payments. If this is the case that your business is facing then you should be prepared to submit all of your personal financial records along with your business financials to the lender. If there are multiple business owners then each one should submit their personal documents. This can include historical tax documents, bank statements and an over view of any investment portfolios that the principals own personally.

The repayment schedule for commercial real estate loans can also be very different from personal mortgage payment schedules. A home loan is amortized, meaning that the debt is repaid over regular installment payments. The longer the loan is the lower the monthly payment but the higher the interest and the loan can range from 15 years to 30. A commercial loan is normally from 5 years to 20 years and the amortization period can be longer than the loan term. This means that the borrower is often faced with a final payment due at the end of the loan term. This is called a balloon payment and can often be quite substantial. Borrows most often must refinance the loan to pay the balloon payment on the initial commercial loan.

The Cost of Commercial Loans Can Be Very Different

Commercial loans represent a greater risk to the lender than a standard personal mortgage loan. Businesses are more at the mercy of the economy than consumers so there is a greater risk of defaulting on the loan. For this reason, lenders charge a higher interest rate on commercial loans. In addition there can be many additional fees that the borrower must pay. There can be an origination fee, legal fees, appraisal fees and even some annual fees that are paid for the life of the loan.

Do Your Homework and Be Prepared

Understanding the differences between your home mortgage and a loan for a commercial property is very important. It allows you to create realistic expectations for the process, it helps you in grasping the time frame that is required for the approval process and helps in understanding your full commitment to the loan.

Dennis-Dahlberg-Mortgage-Broker-1_th

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
clip_image002clip_image004clip_image006clip_image008

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

Commercial Real Estate Loans and the Best Housing Markets for Real Estate Investing

p4_img5bThe housing market has definitely made a recovery as seen from these top twenty markets. Consider these tips before delving into this lucrative investment strategy and obtaining a commercial real estate loan.

Business Insider recently came out with a list of the 20 best US housing markets for real estate investing. These areas reported the highest return on investment and an average school rating in the 70th percentile or higher. The average annual returns range from 5.4 percent to 8.1 percent. Here are the top five markets: Hamptons at Boca Raton, Florida; Gladwyne, Pennsylvania; West Bloomfield Township, Michigan; Palmetto Bay, Florida; and Weston, Florida. Don’t feel left out if your west of the Mississippi. North Scottsdale made the list in Arizona and Clear Lake City and Flower Mound made the top twenty in Texas. California’s claim to fame is North Hollywood. Surprisingly, no community in Colorado made the top twenty list.

Colorado did, however, make the 10 hottest real estate markets to watch in 2017 according to Trulia. This list was compiled based upon affordability, low vacancy rates, and strong job growth. Colorado Springs brought them into the fold due to its affordability and job growth. You may be wondering, is now the time to start your real estate portfolio or jump into the fix and flip business? There are a few considerations before you plunge into this lucrative investment strategy and get your first commercial real estate loan.

Real estate can secure multiple streams of income and often outperforms stocks as an investment strategy. It’s also tangible—something you can see and touch. It keeps you in the driver’s seat as compared to stocks that leave you at the mercy of a company you are hardly involved with and the whims of the Big Boys on Wall Street. Now, before you jump in with both feet, consider the following. Watching a full series of Flipping Vegas or Flip or Flop does not make one ready to become a real estate investor. The glamour, high profits and quick turn-arounds are the stuff of Hollywood. Not that it’s not possible, but most real estate investors have spent several years getting their feet wet, so to speak. The best ones are extremely knowledgeable, professional Realtors or contractors, and know their markets.

Where did the Money Come From?

That’s a good question. Oh, wait, it probably came from the network or cash on the barrelhead! That’s a big difference from the many real estate investors that get their start with a commercial real estate hard money loan. No interest payments lead to a lot more profit. In addition, contractors are all too willing to get some free advertisement by lowering their cost in order to get on TV. Unless you have a camera crew following you, make sure you get bids before you try to obtain a loan.

Many fix and flippers get their start with private hard money loans. These are asset-based commercial real estate loans that fund quickly and do not require credit scores in the 700 range.
We don’t want to deter you from your calling, just put a little reality into reality TV. If you’ve done your homework, know the market including comps, understand budgets and construction costs, many in this segment of real estate investing do very well for themselves. Consider getting your real estate or general contractor’s license. If not, you will need to team up with a good real estate agent in order to sell your home. A house sitting on the market will cost you interest payments as well as insurance and taxes, leading to more costs and less profit. Real estate investor clubs can help you find a needed mentor.


Dennis Mortgage Broker ArizonaDennis 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

clip_image002clip_image004clip_image006clip_image008

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.

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.

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-150x150Dennis 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

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   

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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 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

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-150x150Dennis 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

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   

     Linked In Active Rain     You TubeFace Book         

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

Three Things to Take Into Consideration While Looking For a Commercial Lending Option

Starting your own business venture is a crucial decision that requires a lot of resilience, hard work, and capital. However, many times businessmen need to take a step back due to the loan applications that deck up without any fruitful outcomes.

If you can get the money you require to move on and take your next big step, everything can change. However, to make it happen, you need to find the right commercial lending company. At the time when I was looking to make things happen for myself, the financial situation was extremely vulnerable and it was rather difficult for me to manage on my own. However, I met a few people who advised me a couple of things to take into consideration while looking for an option. The tips mentioned in this article will help you choose the best commercial loan options.

Credit Score

credit score at level 4 funding hard money loanYour credit (card) score matters a lot if you are in search of commercial real estate loans. If you are new to the business fraternity, the commercial lending companies would rather be interested in having a look at your credit score to get an overview of how well you can manage finances.

Business Timeframe

The commercial loan service will also be looking for the time you are in for business. Any traditional company would want the business to be operational for a year or two before approving a loan. The main reason is because that is how they will know that you can pay them back once the loan is approved. However, there a few lending options that would be okay if the business is operational for a couple of months only.

Possible Revenue

One of the most important factor is revenue. Yes, the lending companies do not only want the company to be up and running for either a few months or years. It wants to see how much money your business is bringing to the table. This way they can feel positive about the possibility of returning the loan.

Happy senior business man making his notes at workDennis 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

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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.


 Free Report The 8 Things You Must Do To Be A Successful Home Flipper






          

3 Things to Keep In Mind While Taking a Commercial Loan

Congratulations! You are one of the few entrepreneurs who has successfully started their business. However, to succeed and sustain in this extremely competitive market, you will need a smooth stream of capital. Thus, before you start looking for commercial lending options, make sure to keep your future growth and ROI in mind.

images (4)hhgfkjhWith a new business venture, the primary goal is to make sales, generate revenues, and make a healthy profit. The issue with businesses is that the market is volatile with several opportunities that need to be cashed. Looking and seizing the right opportunity can thus take your business a long way.

Before approaching a firm for commercial real estate loans, here are three things which you should keep in mind:

· Look at the bigger picture

If you are new in the business fraternity, it is easy to sit back, relax, and rationalize the future once the money starts flowing in. You could be thinking of a company who would grant you commercial loans to grow bigger and faster. The task seems easy, but the bad news is that it is not.

Before reaching this point, you should think if you are ready for all this. Things might be smooth for the time being but always look at the bigger picture. You should plan a few months ahead, look at finances carefully, and then plan your next move.

· Find the right option

Once you have decided to escalate things and approach a commercial lending company, make sure that you are open to sharing everything with the concerned party. The commercial loan option will be interested in having a look at your business finances and a few other things to evaluate the condition.

· Hit the bull’s eye: Go ONLINE

In the present era, everything you desire is easily accessible online. Hence, there are high chances that you will be looking for the right commercial loans options online. So why not try one that will cater to your commercial lending requirements.

Happy senior business man making his notes at workDennis 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

 You TubeFace Book Active Rain Linked In 

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.


 Free Report The 8 Things You Must Do To Be A Successful Home Flipper