Tag Archives: texas commercial mortgages

Tips for Purchasing Overseas Real Estate and the use of National and Texas Commercial Mortgages

4page_img4-bigPurchasing overseas real estate investments can provide a well-rounded portfolio. Consider these tips before making your first foreign investment including the ability to obtain a national or Texas commercial mortgage.

Live and Invest Overseas prepared their top foreign real estate investments for 2017. These unique locations were recommended due to their bargain value and rental yields. A few of their top choices were the coastal town of Algarve, Portugal; the undervalued and expanding tourist market of Cali, Colombia; and Playa del Carmen in Mexico due to its growing rental demand and strong yields; and Cape Verde, a beautiful archipelago in the Atlantic Ocean off the western coast of Africa, is continuing to make its mark in the tourist industry. 2016 saw visiting tourist numbers rise by over 13 percent.

Before you buy real estate overseas, understand that it can be a complex process. Because of this, it’s essential that you obtain a local attorney as well as an international buyer’s agent. In addition to these professionals, learn the nuances of the particular area you’re considering. For instance, in some locales, the “square footage” is considered both the indoor and outdoor space as compared to America where this measurement usually defines the actual building. Also, foreigners are not allowed to own property in some countries. Don’t let yourself be hoodwinked by a fast talking realtor that forgets to share this important fact with you, only after taking your down payment. Make sure your CPA is knowledgeable in foreign investments and understands the Foreign Account Tax Compliance Act.

Foreign investing can offer several benefits including more property for your money, depending on the exchange rate, lower cost of ownership and tax havens. On the other hand, local real estate laws can be complex and some countries can be mired in political or economic instability. Just as in America, be sure you know the market before you sign on the dotted line. Even if you are highly knowledgeable in investing in real estate in America, understand that there can be a remarkable difference in the laws, requirements and regulations of just about every other country. Work with respected professionals in the area of your choice.

Funding

Finding professionals in the area of lending is another important consideration. You can often obtain the funding by working with an institution that has a presence in the country where the property is located as well as the United States. Even so, many national and Texas commercial mortgages are hard to obtain for oversees’ projects.

Finding the right financing for oversees’ projects can be particularly challenging.

One solution is to obtain a Texas commercial mortgage on your current residence or business in America. A cash-out refinanced Texas commercial mortgage may just give you the money you need to develop your oversees’ portfolio. At Level 4 Funding, we provide private hard money bridge loans that can help you obtain the funding you seek. These collateral-based loans provide a bridge from one asset to another.

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

Markets that are Ripe for Real Estate Investments and Texas Commercial Mortgages

Handsome young man looking confidentlySeveral markets have not completely recovered following the subprime mortgage crisis, many of which are ripe for commercial investment opportunities. Know what to look for and how to find the right market for your next real estate investment and how to obtain a Texas commercial mortgage.

As a real estate investor, finding markets with potential and knowing what markets are ripe for growth are a few of the main strategies when creating a growing and valuable portfolio. While values have continued to rise following the subprime mortgage crisis, some markets are slower in coming around than others. The question real estate investors then ask themselves: Are these markets going to return to their former glory and is it time to invest in these undervalued markets? In light of the fact that many markets have surpassed their previous values, chances are good. According to Real Capital Analytics, major metro areas have seen the greatest increase and are over 50 percent higher than they were just 10 years ago.

The areas that are slow in making a comeback include Las Vegas, Sarasota, Sacramento and Orlando. These areas offer favorable pricing and possible greater returns on investments, but at some risk. Investors look at the various areas in the following categories in order to determine the risk versus reward: job and population growth, surrounding communities, demand versus supply and demographics. Buying at the right time is a critical part of success as a real estate investor. In order to maximize your ROI in these types of markets consider looking for the following types of properties: bank-foreclosed and absentee-owners that may consider selling once approached.

While due diligence is required, when a property hits the market that’s priced right and is in an up-and-coming neighborhood, multiple investors will most likely have their eye on it. Quick action in these cases and having a readily available Texas commercial mortgage often determines who the lucky investor is as many people will take the first offer especially if they know there is a time constraint to the acceptance or rejection. On the other hand, owners who have properties that have been on the market for some time are often willing to accept a discounted offer just to get out from under the property and real estate taxes.

Cash Flow

Know your market including typical rents and whether they will cover your mortgage and expenses. To find positive cash flow you need to find affordable multiunit properties, motivated sellers that are willing to accept a reduced offer, and affordable areas in terms of pricing and median household incomes. In addition, look for communities that do not rely on just one industry for economic growth. An example of this is the rise and fall of Detroit due to the automobile industry or one of the many towns in Texas that counted on the oil and gas industry before the fall of prices.

At Level 4 Funding we work with many investors helping them find the Texas commercial mortgages they need as they build their portfolio.

We provide investment, fix & flip, bridge, commercial, business, construction and cash-out private hard money loans. Loans are preapproved in as little as 24 hours in amounts from $50,000 to $50,000,000. Call us today for a no-obligation quote on your next Texas commercial mortgage.

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

Texas Commercial Mortgages Promote Going Green as a Real Estate Investment Model

3page_img4As tenants become aware of the effects of the materials used in building on their health and well-being, many are turning to “green buildings” in order to minimize the impact. Multifamily units, single-family homes and office and retail developments are answering the need by becoming certified in WELL and LEED, and Texas commercial mortgages are becoming available for these types of properties.

The International WELL Building Institute has created an alignment with WELL and LEED in order to offer dual certification to those interested in building green projects. This streamlined approach has led to reduced documentation as well as less time and cost when obtaining certification. WELL focuses on creating healthy indoor spaces. There are seven areas that are incompassed and these include: light, air, water, fitness, nourishment, comfort and mind. LEED focuses on not only homes and buildings but communities as well with construction and operation that leads to a healthy environment.

According to EPA, indoor pollutants are two to five times higher than outside levels. This increased level of toxicity can lead to an increase in respiratory disease as well as autoimmune responses. In order to minimize these potential physical challenges, developers and investors are creating buildings and renovating existing sites that are built with green products and materials that are low emitters of indoor air contaminants such as volatile organic compounds. Materials are given time to “outgas” before tenants take residence. HVAC systems are in place that bring the outdoor air in and a ventilation system is created in order to keep moisture to a minimum. Natural lighting is considered when designing windows allowing for uniform daylight throughout rooms.

Developers are finding that these types of construction create a positive financial impact not only by increased demand but also by increasing tenant health. In Brooklyn, Blue Sea Development’s first LEED Platinum building—The Eltona in South Bronx—provides eco-friendly and affordable housing. One interesting side effect was that this building experienced a lower rent delinquency due to medical reasons than their other buildings. According to an article in Apartmentality, “Blue Sea hopes its latest project, Ocean Hill-Brownsville’s Prospect Plaza will provide a model for affordable housing, showing that healthier buildings lead to healthier residents and better financial outcomes for developers.” Lenders are taking notice, making Texas commercial mortgages for these types of properties available.

Green Building Incentives

In order to encourage green building, various incentives such as grants and tax incentives have been created on the regional and national level. Benefits also include programs that offer reduced Texas commercial mortgage rates for environmental purchases and gap financing.

At Level 4 Funding, we work with hundreds of private investors, many of whom are interested in green building projects for both residences and office buildings.

Level 4 Funding offers residential hard money rates from 7.99 percent. We also offer construction loans as well as Texas commercial mortgages, residential, office, multifamily, warehouse, storage complex, student housing and raw land loans. Our bridge loans offer short-term capital that provides a “bridge” for individuals and companies from one asset to the next. Because our loans are asset-based and do not rely on credit scores or credit worthiness to the same degree that traditional lenders are bound by, we can often provide funding in less than a week.

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