Tag Archives: hard money

Owner Occupied Hard Money Lenders

536349311You may be surprised to find out that owner-occupied hard money lenders offer loans for primary residences. Find out the specific situations where you can benefit from these types of loans.

Are you in a circumstance where you are being denied a residential mortgage?  There are many circumstances when a borrower is denied this type of mortgage from both credit unions and banks.  When the person seeking a loan has little or no alternatives, they will often turn to a residential hard money lender to obtain a mortgage on the borrower’s primary residence.  Some of the reasons a borrower may turn to this type of lender are:

  • The borrower has bad or poor credit

  • If the borrower has had a recent loan modification, foreclosure, short sale or bankruptcy

  • If the borrower has two years or less of current employment

  • If the borrower is self-employed

  • A bridge loan is needed by the borrower for a primary residence

In some instances, a borrower goes through the approval process with a conventional residential mortgage lender, and the lender is not able to perform while in escrow. The borrower then searches for a private owner-occupied hard money lender to secure financing through. The lender is able to provide fast approval and funding which will help prevent the borrower from losing the property they have a contract on. Once the escrow closes, the property is secured, and the borrower can refinance with a conventional mortgage company.

Why Arizona Owner-Occupied Hard Money Lenders are Few and Far Between

Most owner-occupied hard money lenders will not consider lending for your primary residences because:

  • Additional documentation is required

  • The lender is required to obtain additional licensing

  • Regulators will exert firmer regulations

  • The time to fund the loan increases since there are mandatory recession periods

  • Investment loans have far greater lender risks than owner occupied mortgages

Arizona Owner-occupied hard money lenders are subject to Federal regulations.  Some of these regulations consider Dodd-Frank.  The Dodd-Frank act requires the lender to verify the borrower’s income and expenses.  Paystubs, tax returns and W2’s are ways the borrower can verify their income. Debt to income (DTI) must be kept under certain levels by the borrowers.  Car payments, other mortgages, credit card payments and other debts will be considered. Also included in this ratio will be the new mortgage obligations, (taxes, mortgage payment and insurance).

The owner-occupied Arizona hard money loans are intended for short term use, generally three to five years.  Most lenders will require the borrower to have a plan in place to obtain long term financing.

A hard money loan can offer borrowers with credit issues time to repair their credit report—and not lose their chosen property. Others may be postponing obtaining a conventional loan until the mandatory waiting period for negative credit events has passed. These events may include short sale, bankruptcy, loan modification or foreclosure. If the borrower’s property has enough equity and there currently is a first (1st) mortgage and the borrower does not qualify for a conventional second (2nd) mortgage, then the borrower can consider a hard money lender.  This may be a prudent decision if the proceeds of the second mortgage is used to pay off high interest rate credit cards or pay down other high interest debt.

 

Dennis-Dahlberg-Mortgage-Broker_thum[1]_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

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

Things to Consider When Obtaining Hard Money Loans

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Arizona-Home-Loan-Team-Matt-and-Judy-Callahan-150x150 Are you wondering what Arizona hard money loans are and where they fit into your investment strategy? Here are the basics of these types of loans and what they can do for you as an investor.

This type of loan is an asset-based loan.  The borrower wishes to secure a loan backed by real property.  Private investors and companies are typical issuers of these loans.  Unlike banks, Arizona hard money loans can carry higher interest rates.  These interest rates are higher than a convention real estate loan because of the higher risk and the duration of the loan which is shorter than conventional real estate loans.

People using Arizona hard money loans are usually looking for funding for projects lasting from a few months to a few years.  The criteria for lending and borrower costs are similar to bridge loans. In fact, many hard money lenders specialize in bridge loans. Bridge loans are used for properties that are in transition and may not be able to qualify for traditional financing.  An example of a bridge loan is when a home buyer finds a new home they’d like to buy before their old home, which is on the market, sells.

Many hard money lenders will lend 65% to 75% of the current property value. The amount of the loan is determined by the loan to value or LTV. It is figured by the ratio of the loan amount divided by the value of the property. Arizona hard money loans are mainly used for commercial property.  These types of loans first started in the 1950s and have been growing in popularity.

Although mostly unregulated by state and federal laws, some restrictions on interest rates by states, commonly known as usury laws, prohibit hard money loans. Two of these states are Tennessee and Arkansas.

Federal Guidelines

Since the 2009 mortgage crisis and the passing of the Dodd-Frank Act, these loan programs have greatly expanded.  This is in part due to the strict regulations that were put on banks and lenders after the passing of this act. Truth in Lending and Dodd-Frank set out Federal guidelines for lenders, mortgage originators, and mortgage brokers requiring them to evaluate the borrower’s ability to repay the loan.  The ability to repay the loan is on the borrower’s primary residences. If the lender does not conduct the proper due diligence, they are faced with high fines for non-compliance. Hard money lenders mostly lend on commercial loans or business purposes so that they can avoid non-compliance with TILA, HOEPA and Dodd-Frank guidelines.

Before any offer of financing, the lender will want to determine the LTV (loan to value).  The basis for the loan is the liquidation value of the collateral.

A BPO (Broker Price Opinion) or an independent appraisal by a licensed appraiser in the state that the property is located in, will value the property. Typical hard money loan interest rates range from 10% to 18%.  Despite these rates, investors often turn to them due to quick loan approvals, high flexibility, less documentation than conventional lenders, and offering the ability to put a bid on a property that may go quickly after hitting the market.


Dennis-Dahlberg-Mortgage-Broker_thum[1]_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

Do You Wish You Could Retire Early? Arizona Real Estate Lines of Credit Can Help!

AiStock_000002302749_ExtraSmallrizona Real Estate Lines of Credit or investment property lines of credit can be the perfect financing option for you and your financial needs. Learn how these lines of credit can expand your horizons and change your life for better.

Are you stuck in a job that you hate? Have you missed holidays, family vacations, important events in your life, or another significant time just because you had to work? Don’t be chained to your job forever and start making money today through real estate investing. By building up Arizona real estate lines of credit, you will be well on your way to achieving that goal of an early retirement so that you can get back to doing the activities that you enjoy and spending more time with the people you love.

What is this type of credit? Well, when an investor is beginning to purchase different properties, they will begin to build up a portfolio of all of these items. In most cases, lenders will allow a single line of credit per the property that is invested in. So, building up this line of credit simply mean investing in multiple real estate ventures!

You CAN make real money investing in real estate. These Arizona lines of credit will give you the opportunity to do a variety of things in the real estate world from purchasing homes to flipping houses. You’ll have the freedom to purchase items wholesale or hold a property for a period of time.

Get started with commercial real estate loans or, if you suffer from a poor credit score, choose a different lending opportunity. That’s right – even if you have a low credit score, you still can make money investing in real estate. Whether it’s through a hard money lender or a different private lending opportunity, there are plenty of ways a person with a low credit score can obtain a loan even with absolutely no collateral held against them. Stop making excuses for yourself. The time to start investing in real estate is right now.

How Will You Enjoy an Early Retirement?

We spend most of our lives at our place of business rather than spending valuable time with the people that we love and cherish most. Don’t be part of this routine and demand something better for yourself. Through real estate investing, you can have the opportunity to achieve your financial goals and retire much earlier so that you can get back to living the best life possible.

Establish a strong financial future today so that you can have the freedom to do the activities you enjoy and reach the opportunity to retire as early as possible.

Are you making excuses for yourself? Hopefully this guide shows you that there are absolutely no excuses for not investing in real estate right now. Bad credit? No problem! No collateral? No problem! There are plenty of lending opportunities available so that you can start building up these lines of credit today and be well on your way to an early retirement.


Dennis-Dahlberg-Mortgage-Broker_thum[1]_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

Try These 5 Tactics to Find the Best Arizona hard money lenders

Handsome business man Unlike receiving a loan through a traditional bank, obtaining your loan through Arizona hard money lenders allows you to develop personal relationships and network for further business opportunities. Learn how to find the perfect lenders for your needs and how to establish personal bonds that may help grow your financial future.

If you are looking to obtain a loan quickly so that you can get a jump on an upcoming business venture, hard money may be the perfect solution for you and your company. Now that you have deciding to pursue a hard money loan, it is crucial that you find the perfect private lender for the needs of you and your company. These five strategies can be used to find an ideal hard money lender to help you achieve your business goals:

  1. Consider the interest rates or points. A hard money lender is taking more of a risk than any bank would by granting you a loan opportunity. This means that Arizona hard money lenders often must charge a higher interest rate on their loan. Compare the rates of various lenders and secure a loan that has rates that accommodate the limitations of your budget.

  1. Determine the value of your loan. Due to increase interest rates, consider the actual value of the loan. Consider of the interest rate still makes the hard money loan a worthwhile business opportunity. This will most likely vary from lender to lender.

  1. Find a lender you feel comfortable with. Dealing with private lenders is much different than operating with a bank. Due to the unique nature of hard money loans, it is important to choose a lender you feel comfortable communicating with. Remember that this is a professional relationship.

  1. Check the past history of your lender. Choose a lender that is reputable and trustworthy throughout the community to avoid any challenges with your potential lender.

  1. Contact lenders near you or attend opportunities to network. Do everything you can to get the name of your business out there and always carry yourself with a professional rapport. You never know when a lending opportunity may arise and it is important to look for these opportunities even in unlikely places.

Secure Your Financial Future By Developing Strong Relationships With Private Investors

A hard money loan can open many doors for you and your business. When you are hoping to quickly obtain a loan, hard money is often an ideal solution. It is important to develop positive relationships with lenders so that you can potentially be led to more investment opportunities in the future.

Networking skills and getting the name of your business out to a variety of different investors will allow you to connect with more private lenders that may want to invest in your business or company.

Since you never know when a lending opportunity may arise, it is important to carry yourself with professionalism. Network and don’t be afraid to reach out to various members of the business community in your respective area to find the perfect lending opportunities near you.

Dennis Dahlberg Mortgage Broker_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

Arizona hard money loans Can Give Your Business a Helping Hand

1page_img2-bigIf you are looking for a loan solution quickly and efficiently for your business, Arizona hard money loans may be the perfect option for you and your company. Have the freedom to achieve your business goals and grow your business with a unique loan opportunity.

What exactly are Arizona hard money loans and how can they help your business or company thrive? A hard money loan is also sometimes referred to as a private money loan. In simple terms, a hard money loan is a short-term loan solution that is obtained through real estate ventures. These types of loans are funded through private investors which makes them unique from other loans. With hard money, you don’t have to worry about the tedious process of applying for a loan through a bank environment. If you are trying to obtain money quickly for your business or do not have the best credit score, hard money can be the perfect solution for you and your business!

Since these types of loans are short-term, you can have the spare funds you need to quickly achieve your business goals and then pay off the loan quickly. Typically, Arizona hard money loans occur over a one year period, but in certain case can be extended to longer terms if necessary.

Arizona hard money loans can be used for a variety of different situations and to help business owners get out of a financial bind. Situations that would be perfect for this type of loans would be:

  • Flipping real estate properties

  • Land or property investing

  • For buyers that do not have a good credit score or credit history

  • Real estate investors looking to avoid the long application process of a commercial loan

  • Loans for construction projects

These types of investments can grow your business or company by giving you greater financial opportunities and allowing you to act quickly on your projects. When you can’t wait for a commercial loan or struggle with a poor credit report, hard money is the perfect solution for you and your company.

What Types of Businesses Typically Use Hard Money?

There are a variety of different companies and business that can benefit through the acquisition of hard money. When you are hoping to secure funds quickly and obtain a loan in a more convenient way, hard money is a great option. Rather than go through the bank route, hard money gives businesses the opportunity to build personal relationships with private lenders. These types of loan can even allow for networking opportunities that open doors to more business ventures or projects.

If you are low on funds or need an added boost to jump on an investment opportunity, hard money can give you and your business the key to your success.

Banks and Arizona hard money lenders are not always the perfect solution for a business. It is important to always consider lending opportunities diligently and carefully. However, if your business or company is quickly looking to obtain funds, hard money can be the best choice to quickly receive funds.

Dennis Dahlberg Mortgage Broker_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

7 Reasons Why Arizona Commercial Loans Can Grow Your Business


4page_img3-bigExpanding your business with a commercial loan can open many doorways for you and your company. These seven reasons will guide you through how Arizona Commercial Loans can help your business to thrive.

If you are hoping to expand your business, it may be time to consider a commercial loan. These seven reasons are a starting guide to how a business loan can help you achieve your dreams that you have with your company and expand your business to new heights.




  1. Arizona Commercial Loans are one of the more popular choices among business owners. Due to their lower interest rates, a commercial loan opportunity can lead to huge savings for most businesses. This is why so many businesses are choosing to get a commercial loan for all of their business needs.

  1. A commercial loan allows you to maintain ownership of your business. One of the more beneficial aspects of a commercial loan is that it allows you hold full ownership of your business. You will never be forced to sell out interest or come up with additional funds to gain full ownership. Selling interest can risk your company and all that you have built.

  1. Increase cash flow to your business or company. Your loan can be payed off with a financial plan that suits your budget and your schedule. Determine a repayment plan that lets you determine how you spend your loan. A loan typically has very few up-front costs which can make it a great solution for the expansion of your business.

  1. A commercial loan can cover larger sums. This can give you the time to build up your business at a pace that you can reasonably manage and afford.

  1. Receive a commercial loan without having to give any collateral. This can be a great solution for a business or company that wants a loan with a lower risk.

  1. A commercial loan is a long-term plan. Loans are designed to be longer termed solutions. This means that you are able to gradually increase the profit of your business and pay your loan off slowly over time.

  1. Build the credit of your business. Paying off your loan over time can increase the credit rating of your business. This can lead to more opportunities for you and your company.

Can Arizona Commercial Loans Really Grow My Business?

Borrowing funds through a modest loan can lead to exponential growth of your business over time. A business loan can be a useful business strategy when used correctly and planned strategically.

Even if you do not need a loan today, it is important to plan for tomorrow. You’ll never know when you business may urgently need a loan.

If you are interesting in building a stronger credit rating or growing your business steadily, a commercial loan may be the perfect solution for you and your company. It is important to start considering a business loan today so you can begin to plan for the future growth and expansion of your business or company.

Happy senior business man making his notes at workDennis 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 Discover the Perfect Owner Occupied Hard Money Lenders

iStock_000004311792XSmallIf you are in desperate need of a loan, turning to Arizona Owner occupied hard money lenders may be the best solution for you. Choose the best lender for your needs and learn more about how using Arizona Owner occupied hard money lenders can help your business grow.

If you are searching for a loan and are hoping to get one quickly for your business or company, a hard money loan might be the perfect solution. Arizona hard money loans deal directly with loan financing based on assets. This takes the form of property. Arizona Owner occupied hard money lenders deal with property that currently has existing inhabitants instead of property that is vacant. Since this more of a complicated process, it is important to find the best lender possible for your needs and the needs of your business or company.

Finding the right owner occupied hard money loan or private money lender can be easy when you follow these helpful tips:

  • Know your financial limitations. In most cases, Arizona hard money loans can be the perfect solution if you suffer from poor credit or have a low credit score. The majority of private money lenders pay more attention to the present deal that is available rather than worrying about your past credit history. Start with smaller Arizona hard money loans before working your way up to a larger-sized loan or more risky opportunities.

  • A private money lender is different than a typical loan officer. A traditional loan officer that works at a bank must look at factors like credit and other details in order to determine if a person is eligible for a loan. In contrast, private money lenders can create much more personal relationships and agreement with the individuals they lend assets to. Building a relationship with a hard money lender is a process that takes time. Finding the perfect lender will be worth it in the long run and can help you grow your business substantially.

  • Expand your network. Private lending opportunities will be best found if you have an expansive network of people to reach out to. Reach out to more lenders and actively search for the best lenders available in your area.

How Do I Know if I Found the Right Hard Money Lender?

Arizona hard money loans can be a great way to expand your business and achieve your goals. Choosing the right lender to help you achieve these goals is also an important part of deciding on the best hard money loan situation for your needs.

Owner occupied Arizona hard money loans are a complicated endeavor, so it is important to find the perfect lender to guide you through the process.

Only certain banks and lenders will be Arizona owner occupied hard money lenders. Help your business to grow by choosing an appropriate lender for your needs. Becoming a certified lender of hard money requires numerous requirements and various means of verification. It is important that you follow the legality of a hard money loan and choose a lender that will help guide you through the process appropriately.

Dennis-Dahlberg-Mortgage-Broker32222[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

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.

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How to Make Money With a California Fix and Flip: Renovation Tips From Hard Money Lenders California Investors Trust!

In case you are wanting to do a renovation on a repair and flip home and need to make a revenue, you want to know that sure renovations will get you extra bang for you buck than others. Take it from the specialists, hard money lenders California rehabbers trust!



Most actual property specialists know that Texas hard money lenders are there when buyers want to buy a repair and flip property. With liberal lending practices and little emphasis on FICO scores or private funds, it’s hard money lenders CAlifornia buyers flip to to buy funding properties.

Hard money loans are brief time period, asset primarily based loans that can be utilized to buy funding properties. Mostly, they’re used to purchase foreclosures or public sale properties at a good worth which are then mounted up and offered for a revenue. With years of expertise within the repair and flip enterprise, hard money lenders know what’s going to assist a property promote and what won’t.

Prime three Renovations Advisable by Hard Money Lenders in California

In case you are wanting to get essentially the most bang for you buck, listed here are the highest 3 ways to spend the money out of your hard money loan to take advantage of revenue in your repair and flip.
 
1. Fix any main issues. When it comes to consumers searching for a flip key residence, take it from hard money lenders California specialists trust for loans and extra, nobody desires to see work. In the event you purchase a residence and it wants a new roof, be sure to put one on. The identical goes for main methods just like the HVAC or water heater.
 
2. Paint. Choose a good impartial paint colour and it can assist entice consumers. In the event you want concepts on colour, something from beige to gray can look nice. Do not decide something too style particular as a result of, in accordance to the  hard money lenders California execs flip to, you need to residence to enchantment to a broad base of consumers.
 
three. Residence staging. Investing a little in staging a residence pays you again massive time. Staging makes the home appear to be a residence and helps consumers image themselves dwelling there.

Take it from the hard money lenders California flippers trust, these small enhancements go a good distance!

If you find yourself prepared to make the leap and purchase a repair and flip, ensure you flip to Texas hard money lenders to assist you alongside the best way. You’ll be glad you probably did!

Dennis Dahlberg Dealer/RI/CEO/MLO

Stage four Funding LLC
Arizona Tel:  (623) 582-4444

Texas Tel:      (512) 516-1177
dennis@level4funding.com
www.L4f.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701






 
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Concerning the creator: Dennis has been working in the actual property business in some capability for the final 40 years. He bought his first property when he was simply 18 years outdated. He shortly discovered in regards to the wonderful funding alternatives offered by trust deed investing and hard money loans. His want to assist others make money in actual property investing led him to specialise in various funding for actual property buyers who could have bother getting a conventional financial institution loan. Dennis is obsessed with various funding sources and sharing his information with others to assist make their desires come true.

Dennis has been married to his fantastic spouse for 38 years. They’ve 2 stunning daughters four wonderful grandchildren. Dennis has been an Arizona resident for the previous 32 years.