Tag Archives: Hard Money Lenders

Using Arizona Hard Money Loans for Long-Term Purchases

confirm_registrationMost information points to using Arizona Hard Money Loans only for short-term investments. But there is a reason to take advantage of hard money when making a long-term purchase.

Every article that you read about Arizona Hard Money Loans points to using this financial tool only for a short-term project such as a fix and flip. And these loans are perfect for a short-term project. But all of the benefits that make Arizona Hard Money Loans appealing for the short term investor can also make them appealing for a longer investment.

The easy application processes and the fast approval make hard money a solid choice for any purchase that is time sensitive. Most investors think of fix and flip properties for tight time frames. But there can be other properties which have a great many potential buyers which would also require fast funding to secure the purchase. After the purchase is secured, the borrower has the time needed to complete a traditional loan application with a bank or mortgage company to extend the loan terms as to also decrease the interest rate.

Hard money can also be used to purchase a property that is going to require a lot of repairs or renovations and does not meet the lending requirements of a traditional institution. Once the property improvements are completed, the borrower can then apply for a traditional loan and again take advantage of the longer repayment schedule and the lower interest rate.

Tailoring Arizona Hard Money Loans

Because hard money is offered by private lenders, the terms of these loans are able to be customized at the discretion of the lender. In many cases, a borrower will request that the first payment not be due on the loan for two or even three months. This allows more time to secure a traditional loan. In return, the borrower is paying closing costs, points and sometimes other fees to the hard money lender for this added consideration. But it saves the borrower the higher interest on the monthly loan payments.

Hard Money is Useful

In the past, many borrowers were under the misguided opinion that hard money was a less than legitimate resource and that the high cost made hard money a bad choice for an investment opportunity. But as the real estate business has evolved, investors have become far more savvy about how and when to use hard more for a real estate deal. Short-term purchases, as well as long-term purchases of a very desirable property, are especially well suited to using a hard money loan. In addition, hard money is a good option for an investor who is carrying several traditional loans and does not have the credit to request another bank loan. The hard money is used essentially as a bridge to make the purchase until another project has been completed and the loan is paid off. Learning to skillfully use hard money is certain to offer any real estate investor many new options for growing his or her business.  

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Open Your Eyes To Arizona Hard Money Loans

Not every aspect of Arizona Hard Money Loans is perfect for a borrower. But the advantages can often outweigh the drawbacks.

Nothing in this world is perfect and there is no perfect loan for every type of purchase or for every borrower. In the perfect world, money would be offered with no interest and the terms would be up to the borrower to determine. But in the real world, everyone must understand that lenders are also in business to make money so fees and interest are just the cost of borrowing money.

Arizona Hard Money Loans do have more fees and a higher interest rate than some traditional banks and mortgage lenders. But the justification for these added fees can be understood when you compare a hard money loan and the process of obtaining hard money to a traditional loan and working with a traditional lender. Everyone knows that time is money, but hard money puts that saying to the test. The application process for a hard money loan is only a fraction of the paperwork and time that you would need to invest in secreting a traditional bank loan. And the approval for hard money is also much faster. It can take up to 90 days for a bank to respond with an approval of your loan application but a hard money lender can often respond in just a few days and have your loan funded in just about a week.

And while the interest rate on Arizona Hard Money Loans is higher than the interest rate on a mortgage loan, the time savings can make it a good investment. In addition, hard money is going to be an opportunity for someone with no credit or less than perfect credit to secure a loan. This lower creditworthiness means that the lender is willing to assume a higher risk when making the loan and in return, he or she should be able to expect to make a little bit more money in the form of interest.

Know The Uses

Being funded by a private lender, hard money is also a good option for a borrower who is looking for some custom loan terms. No bank or mortgage company is going to change the standard terms of their loans. But working with a private lender allows for much more negotiation when drafting the terms of your loan. This convenience is certainly worth paying a little more for.

Be Smart

Knowing how to best use Arizona Hard Money Loans is critical to the success of your real estate investment business. Short term loans are almost always perfect for hard money, but there are also times when making an initial purchase on a long-term deal is also best done with hard money. Only after researching all of your options and requesting multiple quotes, will you be able to determine which loan is going to be the most profitable for a specific purchase. Sometimes hard money is the only choice and other times it is just one of many options.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

You Don’t Need to be a Handyman to Begin to Seek Out Loans to Flip Houses

623183706Financial prosperity with flipping houses is possible before you ever even have to pick up a power drill or a saw. Many people are enjoying riches in the real estate market with flipping houses in Arizona without doing any of the manual labor themselves and you can to by learning more with this helpful guide.

Yes, you can begin owning your very own portfolio of rental properties or real estate properties without having any handyman skills whatsoever as early as today. Real estate investing is a budding market that you need to be seriously considering if you are serious about achieving your financial goals and making your dreams of financial goals. What is so great about investing in real estate? Well, rental real estate, for example, is capable of retaining its value as long as you are careful to choose the right tenants, keep careful track of your properties, and are sure to hold the right insurance. What’s great about rental properties is that they are able to generate some form of cash flow each and every month as your tenants pay their rent. You can make sure that this happens by carefully choosing your tenants and removing those that are irresponsible or are not good about paying rent.

Since you can outsource the work of flipping a house or property, you can achieve this and more without ever having to pick up a paintbrush or a wrench yourself. Outsource this work and focus instead on investing in financial opportunities or choosing the best properties possible. You do not have to be a handyman to make a fortune with real estate and make your dreams come true.

Can I Retire Early With Loans to Flip Houses?

Is it really true that you can retire early with the help of real estate investment and flipping houses? Well, the short answer is actually yes! Real estate investing is a solid investment if you are searching for an early retirement if you do the process correctly. A lot of people have the incorrect belief that it requires becoming a contractor or handyman to begin the process of house flipping but this simply not true.  In fact, instead of doing the work yourself, you can instead outsource the work of a handyman to a company that specializes in property management.

Become a real estate investor and a Arizona house flipper without ever having to pick up a hammer or a nail today.

Typically, these companies collect around ten percent of the rent from the property. Buying multiple rental properties can be achievable even with outsourcing the handyman work to other individuals. Think bigger than just investing in homes! For example, if you decide to invest in properties such as commercial buildings or apartments, all of the operational workings of the property will be managed by separate personnel. You do not have to be a handyman to begin flipping houses! The right loans to flip houses in Arizona can get you started on this goal.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

A Borrower’s Guide to Arizona Business Loans

4page_img5-bigThere are several different types of loans suitable for businesses. Make sure you know the difference between each one before choosing your next Arizona business loans.

If you are running a business, you may find yourself in need of working capital, new equipment, or additional inventory.  A business loan specifically for one of these needs may be your best bet when it comes to continued success or hanging in there during the slow season. There are an assortment of Arizona business loans to choose from including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash advances and cash flow loans.

  • Bank loan: Just as the name indicates, the originator of this type of loan is a bank.  The loan may or may not be a secured loan. A secured loan requires approved collateral.  If payments are not made, then the collateral will be kept and usually sold. An unsecured loan is, just as the name states, one in which there is no requirement to pledge collateral to obtain the loan.  Before making an unsecured loan, a bank may want to see the borrower’s business accounts, balance sheet and business plan, the principal’s background, and credit histories.

  • SBA Loans: The Small Business Administration is a government agency that offers guaranteed backed loans through your local bank.  The SBA (a) includes both a standard and express loan approval process.

  • Mezzanine finance: Mezzanine financing effectively secures a company’s debt on its equity, allowing the lender to claim part-ownership if the loan is not paid back in full and on time.  The loan is made with collateral. Dilution of the debtor’s equity occurs in a default situation.

  • Asset-Based Finance: If you are lacking the credit rating or track record to qualify, this type of financing has become a very popular choice.  The lender focuses on the borrower’s assets instead of their credit rating. Various assets are considered including the premises, plant, stock, or receivables.

  • Invoice Finance (factoring): An alternative to conventional financing, this type of lending requires the borrowing at a discounted amount of the invoices.  Once established, you will be able to obtain funds as soon as a new invoice is created. This may not be the best option for your business.  There may be a negative view by customers, and the lender will take ownership over the businesses’ invoices until the loan is paid.

  • Microloans: These Arizona business loans are for amounts of $100,000 or less.  Alternative lenders are more likely to make these types of loans than traditional banks.  If the traditional bank makes this type of loan, it is made based on the individual personal credit score than the business credit score.

Checking out Online Lenders

A number of online lenders have begun popping up on the World-Wide-Web.  Since 2014, $12 billion dollars have been made. Since 2000, non-bank online lenders have doubled their outstanding portfolio balance each year. Another option is crowdfunding—an option that allows businesses to raise capital from a wide variety of sources.

Personal guarantees are usually required if you own a certain percentage of the business.

If you are an owner of 20% or more of a business, most lenders will require a personal guarantee.  This allows the lender to collect on a Arizona business loan in the event of a default.  In most cases, as a personal guarantor, you will need a strong personal credit score. 


Dennis-Dahlberg-Mortgage-Broker_thum[1]_thumb_thumb_thumb_thumbDennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

How to Find Arizona investment property loans Even With Rotten Credit

Are you looking to invest in property but do not have high enough of a credit score to do so? Don’t let poor credit prevent you from following your dreams and learn how to find the perfect lending opportunities for your business or company.

A bad credit score or poor credit rating does not have to completely define you or your Arizona Business Loans. Investing in real estate is a real possibility even for individuals that are suffering for a low credit rating. Don’t sit around waiting for your score to rise before jumping on your business goals. Build you credit score up and achieve your financial goals by finding Arizona investment property loans that are available even for individuals with low credit ratings.

  • Arizona hard money loans – A hard money lender is a valid option for many individuals seeking a lending opportunity and that also have a poor credit rating. Since Arizona hard money lenders are private lenders, they do not work with banks. This means that you can develop a personal relationship with a lender rather than having your credit score speak for you.

  • Private Money Lenders – There are a variety of businesses eager to invest in the goals of smaller companies or businesses! Networking with business leaders in your area could help you find private money lending opportunities in your area. These opportunities could work with you without having to worry about your lower credit rating get in the way.

  • Business Partners – If you can’t acquire a loan on your own, finding a business partner may be a helpful solution. A business partner can help you find opportunities, such as Arizona investment property loans, and assist you with the funds or credit rating needed to go after your goals.

Remember that you CAN achieve your business dreams regardless of a lower credit rating! Don’t let a poor credit score get between you and your business goals. Go after you dreams by making smart business decisions and define a brighter future for yourself. Stamina and persistence is key to finding a successful lending opportunity even when you currently have a lower credit score.

Find Loan Opportunities Near You Even with a Poor Credit Rating

Even if you have a lower credit rating, you can still go after your business goals. There is no reason you cannot start pursuing your business dreams today even if you currently have a lower credit rating. There are plenty of lending opportunities available for individuals with a lower credit rating available. The trick is finding these opportunities and using them to achieve your goals!

A poor credit score should never mean giving up on your financial dreams or goals since there are a variety of different lending opportunities available for individuals of a variety of different financial levels.

Regardless of your financial situation, it is still possible to pursue your financial dreams and seek profitable investment opportunities. Have confidence and know that with the proper dedication you can find lending opportunities even with a lower credit score.

Dennis Dahlberg Mortgage Broker_thumb_thumb_thumb_thumbDennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Investors; Why Real Estate Lines Of Credit ?

iStock_000001084155XSmall“Scoring” a Real Estate Lines Of Credit can be a great way to use your current equity in your properties to build your investor portfolio. Find out how easy it can be to draw capital on what you already own.

Are you an pansy Real Estate Investor? Do you find that there are more deals slipping through your fingers than you can fund at any given time? Do you feel like you are on the verge of becoming one of the “bigger fish” but are just falling short due to lack of available cash? Obtaining a single or multiple Real Estate Lines Of Credit is one of the best ways to use your current equity to help fund new and exciting real estate ventures.

But how does one secure Real Estate Lines Of Credit? Well it is easier than you may think. Sometimes called “Acquisition Credit Lines”, Real Estate Lines Of Credit can be obtained at most financial institutions. Though all financial Institutions are different and have different rules and processes, a line of credit to and investor with current real estate equity can happen as quickly as 30 days. Once you are approved, your accounts are funded very quickly in most cases.

How does it work? Well once you have secured your Real Estate Lines Of Credit, it could be used much like a credit card. No need to wait around for funding and underwriters to close that deal. You can get your deals done fast, beating others to the punch, who have, in the past, perhaps got there before you. The playing field is evened because you now have the cash on hand.

Other benefits of having real estate credit lines include small or no upfront fees, no appraisals, no secondary collateral, and absolutely no restrictions on use! Absolutely none! One of the greatest assets of securing Real Estate Lines of Credit is that it gives the investor the ability to do any type of real estate deal! Commercial, house rentals, Multi units, flips; with this kind of credit line, the investor is now on a level playing field as the “Tycoon” and is not limited to one kind of real estate deal.

Having ready “cash On Hand” available for an investment in real estate is a huge asset in an overall investment strategy. It may be just one part of your overall strategy but in most cases, it will be one of the most important ones.

As mentioned earlier, financial institutions differ greatly, so you should consult with multiple lenders to see what they offer. It is also a pretty good idea to consult your attorney and independent financial advisor to assess your personal situation before you dive head first into Real Estate Credit Lines.

So don’t be left behind or limit yourself as an investor. Real Estate Lines Of Credit are both easy and quickly secured. But more importantly, they give the investor the flexibility to make many kinds of deals and the agility to do it quickly.

Dennis-Dahlberg-Mortgage-Broker32222Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Evaluating your options when it comes to Arizona Investment Property Financing

male-frustrated-with-exclamation-pointsIf you are just dipping your toes in the water when it comes to investing in real estate, you may be overwhelmed by the multitude of Arizona Investment Property financing options available.

The first option you might consider if you want to invest in real-estate is a conventional investment mortgage. An investment mortgage, is the same thing as a regular mortgage expect that it is used to purchase investment properties.

While an investment mortgage offers the lowest rates, the underwriting process takes a long time. In the worst case scenario, the sale of the property you were considering might go through, as you wait on your conventional lender to review reams of financial documents. So, if a conventional investment mortgage is the only financing option you consider, you could miss out on the best deals.

While conventional financing offers the lowest interest rates, these lenders have exceptionally high standards which many new investors may not be able to meet. The main issue comes down to credit, to get the best conventional investment mortgage possible your credit score should be over 700, the minimum is 620. So if your credit score is lower than 620, there is little to no chance you can qualify for an Arizona investment mortgage.

So if you can’t qualify for a conventional Arizona Investment Property financing, can you still finance the purchase of an Arizona Investment Property?

Some investors draw equity from their primary residence to finance the purchase of their first Arizona Investment Property,  while others secure loans from crowdfunding websites. Some investors may have friends or family members with deep pockets, who are willing to help and who can finance their first purchase.

Home equity lines of credit, crowdfunding, and personal loans are all options you could consider if you can’t qualify for a conventional investment mortgage. However, of course there are drawbacks to consider.

With home equity loans, you put your primary residence at risk if you default. With crowdfunding there are not guarantees your loan will ever be fully funded and borrowing from close friends and family can put a severe strain on your relationships if you run into financial difficulties.

If you can, you should consider hard money which can be an excellent Arizona Investment Property financing option

This type of lender uses the value of the property you aim to purchase as a means to secure the loan. For this reason, hard money providers can look past your financial situation and your personal credit score, making hard money an option if you can’t qualify for a conventional investment mortgage.

Unlike home equity loans, with hard money, there is often no need to pledge your primary residence as collateral. Most hard money providers have the funds on hand to fully finance your loan. So with hard money, unlike crowdfunding, there is no need to wait around for your loan to be fully financed. Unlike personal loans, you don’t risk your relationships with hard money.

While hard money is more expensive than other types of financing, it gives you options.

After you purchase your Arizona Investment Property, you can always refinance to a less expensive conventional loan after your financial situation improves.

So if your just getting started in real-estate investment and you can’t qualify elsewhere consider hard money as a potential financing option.

Dennis Dahlberg Mortgage Broker[3][2][2][2][2][2][2]Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Arizona Investment Property Loans: Help for those who can’t qualify

FICO Score CardYou can still become a real-estate investor even if you are not rich, that is, if you can secure financing. Consider your options when it comes Arizona Investment Property loans. You still can get into the market even if you have poor credit, are self employed or if you currently find yourself a bit over-leveraged.

Your first and most obvious option is an Arizona Investment Property mortgage. This type of loan is the same thing as a regular mortgage, except that it is used to purchase an Arizona Investment Property. However, these loans come with very stringent borrower standards. Before applying for a conventional investment mortgage you should be able to meet the following criteria:

• Excellent credit: minimum score of 620 with the ideal range being between 700-800, if your current financial situation is less than ideal qualifying can be difficult if not impossible.

• A strong proof of income: In most cases lenders expect employment records going back two years which can be difficult if you are self- employed.

• An acceptable balance of debt and income: Don’t bother applying if your current debt payments exceed 36 percent of your current income. But you may want to invest in real estate as a way to get more income and pay down your current debts.

So if you don’t have excellent credit, have a steady income or if a lot of debt saddles you, what are your options?

If you have poor credit, are self-employed or have a few too many debts you may no be eligible in the case of standard Arizona Investment Property loans

You may be considering real estate investment as a viable option to help you with your current financial difficulties. Your present financial challenges will make it difficult if not impossible to qualify for a conventional investment loan. You may not have the steadiest income, but you may have substantial savings on hand. Still, because of this lack of steady income, you probably won’t qualify for a conventional loan. You may also be over-leveraged in terms of your primary mortgage or any other debts that you may owe. Again, a conventional lender will likely deny your application if this is your case.

Even though you may not qualify for a conventional investment mortgage, you still have financing options.

When it comes to Arizona Investment Property loans hard money might be the right help for you if you cant qualify for a conventional loan.

A hard money provider considers above all the tangible value of your Arizona Investment Property instead of your current financial situation. Even if your credit is less than ideal, you can still qualify in the case of hard money.

Any documentation a hard money provider will look at will be related to the property you aim to purchase, so in most cases, proof of income is not needed.

Even if you are over-leveraged, a hard money provider will consider the potential of the property you aim to purchase, rather than your current balance of debt and income.

So hard money gives options to those with less than perfect credit, those who are self-employed or for those whose outstanding debts make it difficult to qualify for a conventional investment mortgage.

A traditional investment mortgage should be the first type of financing you consider. But if you find yourself unable to qualify, hard money can allow you to get into the real-estate investment business.



 Dennis Dahlberg Mortgage Broker[3]Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Arizona Investment Property Loans: Help for those who can’t qualify

FICO Score CardYou can still become a real-estate investor even if you are not rich, that is, if you can secure financing. Consider your options when it comes Arizona Investment Property loans. You still can get into the market even if you have poor credit, are self employed or if you currently find yourself a bit over-leveraged.

Your first and most obvious option is an Arizona Investment Property mortgage. This type of loan is the same thing as a regular mortgage, except that it is used to purchase an Arizona Investment Property. However, these loans come with very stringent borrower standards. Before applying for a conventional investment mortgage you should be able to meet the following criteria:

• Excellent credit: minimum score of 620 with the ideal range being between 700-800, if your current financial situation is less than ideal qualifying can be difficult if not impossible.

• A strong proof of income: In most cases lenders expect employment records going back two years which can be difficult if you are self- employed.

• An acceptable balance of debt and income: Don’t bother applying if your current debt payments exceed 36 percent of your current income. But you may want to invest in real estate as a way to get more income and pay down your current debts.

So if you don’t have excellent credit, have a steady income or if a lot of debt saddles you, what are your options?

If you have poor credit, are self-employed or have a few too many debts you may no be eligible in the case of standard Arizona Investment Property loans

You may be considering real estate investment as a viable option to help you with your current financial difficulties. Your present financial challenges will make it difficult if not impossible to qualify for a conventional investment loan. You may not have the steadiest income, but you may have substantial savings on hand. Still, because of this lack of steady income, you probably won’t qualify for a conventional loan. You may also be over-leveraged in terms of your primary mortgage or any other debts that you may owe. Again, a conventional lender will likely deny your application if this is your case.

Even though you may not qualify for a conventional investment mortgage, you still have financing options.

When it comes to Arizona Investment Property loans hard money might be the right help for you if you cant qualify for a conventional loan.

A hard money provider considers above all the tangible value of your Arizona Investment Property instead of your current financial situation. Even if your credit is less than ideal, you can still qualify in the case of hard money.

Any documentation a hard money provider will look at will be related to the property you aim to purchase, so in most cases, proof of income is not needed.

Even if you are over-leveraged, a hard money provider will consider the potential of the property you aim to purchase, rather than your current balance of debt and income.

So hard money gives options to those with less than perfect credit, those who are self-employed or for those whose outstanding debts make it difficult to qualify for a conventional investment mortgage.

A traditional investment mortgage should be the first type of financing you consider. But if you find yourself unable to qualify, hard money can allow you to get into the real-estate investment business.



 Dennis Dahlberg Mortgage Broker[3]Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701 

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

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Arizona Hard Money Lenders: A Helping Hand for those in Financial Turmoil

Happy senior business man making his notes at workIf you are a real-estate investor and have recently experienced bankruptcy or some other financial difficulty, you likely won’t be able to qualify for conventional financing. In spite of your current credit challenges, Arizona Hard money lenders can help you acquire new properties and continue investing in real-estate. Just don’t consider hard money the best way to clear up personal debts or think of it as a long term solution.

If you’re a real-estate investor and your last deal didn’t quite pan out the way you planned, you might find your credit in ruins and yourself unable to secure new financing. Even so, you still have options which can enable you to continue investing in real-estate, I.e., Hard money.

If your not aware a hard money deal is secured by the “hard asset,” being purchased, which means that your current or past financial difficulties aren’t at the forefront of a hard money providers mind. If there is enough potential in your real-estate investment, this type of lender may be willing to overlook your financial difficulties, including bankruptcy.

Arizona Hard money lenders might be able to overlook your financial difficulties, even if you’ve undergone a recent bankruptcy you might still be eligible.

Hard money providers consider the value of your investment, instead of your financial situation. However, this type of lenders willingness to overlook your financial difficulties will vary and will depend on their appetite for risk.

Nevertheless, credit is basically a non-factor in the case of hard money, and you may qualify even if you’ve undergone a recent bankruptcy.

Note however that under Chapter 13, you will have to negotiate any hard money deal with your previous lenders; so under Chapter 13, it might be impossible to secure hard money financing.

But even if you can qualify for hard money, is this the right financial solution for you?

To avoid the pitfalls that come hard money carefully evaluate your situation. Arizona Hard money loans are best used for real estate investments and you should not consider them a long-term solution to your current financial issues.

Hard money is probably not an ideal solution for general day to day financial issues. In most cases, hard money is meant exclusively for investment in real estate. That is because it’s the value of real estate secures most Hard money deals.

So, unless you are willing to pledge your primary residence to secure this type of loan (probably not a good idea if you can’t pay your current debts), don’t consider hard money as the best solution for personal financial issues.

Hard money is also not a long-term financial solution. This type of lender charges more in interest because of the risk they take in overlooking your credit score.  Most hard money deals are for the short-term and are usually paid off by the resale of the property being financed. In the case of hard money, your aim should be to pay the loan off as quickly as possible. Note however with hard money there is usually the option to refinance to a less expensive loan after your financial situation improves.

Basically, Hard money gives you options. Hard money providers can look past a recent bankruptcy because credit is not their primary consideration. Nevertheless, hard money is not the way to overcome personal financial difficulties, as this type of loan should be used to invest in real-estate.

In the case of hard money, always have a plan in place to pay the loan off as quickly as possible, either through the sale of your Arizona Investment Property or refinancing.

Still, hard money enables real-estate investors in the midst financial turmoil to continue making deals and purchasing new properties.

Dennis Dahlberg Mortgage Broker[3]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.

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