Category Archives: private money lenders arizona

Fix and Flip Loans: Exit Strategies.

iStock_000002512608_LargeYou are in the flipping game, and you’re just brimming with hopeful expectations about your next project. The house is a diamond in the rough, and in your capable hands, you will polish it into a sparkling gem. You are ready to apply for a loan, but what if things don’t quite go according to plan? With Arizona fix and flip loans its best to have an exit strategy in mind before you even apply.

Finding the right opportunity isn’t everything the flipping game, in fact, it might be even more critical to plan ahead in case things go wrong. Don’t be overconfident going into your next deal. No matter how beautiful the renovations you intend to make or how splendid profit your projections look on paper, math and reality don’t always line up. When it comes to flipping, there are two classes of exit strategy: preemptive and “well that sucks,” strategies.

Preemptive Exit Strategies for Arizona Fix and Flip Loans

A preemptive exit strategy involves you getting out of a deal before you begin the project in earnest. When it comes to taking preemptive action there are two basic strategies:

  • Keep it Simple:  in this case, you’ve lost confidence in the prospect of doing a full-blown renovation, but you still think there’s some money to be made. So keep it simple, narrow the scope of work, replace the carpet or give the interior a fresh paint job. Then you sell the house for a little less money to a prospective buyer.

  • Wholesaling: Basically you leave the house untouched, you don’t do any work, and you sell the house back to another real estate investor. Whatever preemptive strategy you choose you need to ensure the sale price can pay-off the remaining balance of your loan.

The worst-case scenario is that you’ve already gone full bore into a project, completed renovations and…

“Well, that sucks,” exit strategies for Arizona Fix and Flip Loans

Your once shambolic home is now full of snappy furniture and shiny finishes, but no one is buying.  The open door creaks in the wind and the cookie plates go unconsumed at every open house. All the while the home sits unsold and you are paying real estate commissions and the cost of carrying your loan. There are two basic things you can do in this case:

  • Rent it:  You find someone who is willing to pay for the privilege of living in your home every month.  Of course, if you go for this option, that high-interest short-term loan you took out the flip house in the first place might be too expensive. The rent you charge must at least equal your loan payments. If not you might need to refinance, 

But if you can’t refinance you might have to,

  • Eat it:  You keep lowering the list price until someone takes the house off your hands.  Hopefully, in the end, you’ll breathe a sigh of relief, you might not have made a profit but at least the final sale price paid for the loan. But this won’t always be the case, you might just have to eat the difference between the final sale price and the outstanding loan balance. But this better than going into default.

So how do you avoid eating it? Don’t just waltz wistfully into every opportunity, hold off a bit. If you have some uncertainty, ponder if you’ll be able to refinance if the property doesn’t sell. But if you regularly flip houses, sometimes you will simply have to eat it.

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

Arizona Hard Money Construction Loans: Is it the Help That’s Right For You?

page2-img2If you’re looking to finance a construction project, you may be wondering where to secure financing. If land in your area is scarce, if your planned development is something others consider a pipe dream or if your credit situation is less than ideal then you should consider the benefits of hard money Arizona construction loans.

Yes, traditional banks offer loans for construction projects. However, they avoid risk by applying a rigid bureaucratic checklist to see who qualifies. If you as a borrower don’t tick a box specific box, don’t expect your deal to close. Plus the terms of any agreement you strike with a conventional lender are likely to be as inflexible as the concrete foundations you intend to pour.

Hard money is different. This type of lender is usually an investor or group investors, who are not beholden to government regulations or typical bank bureaucracy. Hard money providers can look beyond a rigid checklist when it comes to you and your project. As investors, they are more interested in your projects potential instead of your credit score. Of course, this type of loan will cost you more than a conventional bank loan, but it offers many advantages.

Ask Yourself these Questions to determine if a Arizona Hard Money Construction Loan is the right help for your situation:

There are three basic questions to ask yourself to determine the right type of financing for your construction project:

  • When do you need the money?  Expect a traditional bank loan to close no sooner than 30 days, after, you have gone through the tedious rigmarole of completing their application process. In the case of hard money, most deals can close within days. This speed can allow you to secure the purchase of an attractive parcel of land before other developers.

  • How much flexibility do you need?  Banks have very rigid loan terms from which they will not divert. They have a one-size-fits-all approach when it comes to construction projects. If your proposed project is, say speculative, a traditional lender is not going to renegotiate the terms of your loan if you run into difficulties. Hard money offers more leeway to speculative developers who might need a bit of deference. As investors, hard money providers might be willing to tailor the terms of your loan and your repayment schedule to meet the needs of your unique project.

  • Can you qualify?  Once again banks have a one-size-fits-all approach when it comes to the type of borrower who is eligible for financing. If a particular aspect of your financial history doesn’t meet the bank’s criteria, you are out of luck. In the case of hard money, if your project has enough potential your personal financial situation is irrelevant.

Arizona Hard money construction loans benefit borrowers who need speed, flexibility or those who are in unique financial situations.

If you need to secure the purchase of a prime piece of land quickly, don’t wait around for a conventional bank, approach a hard money provider first. If your proposed construction project doesn’t exactly fit the mold, hard money providers can work out a deal which can meet your needs. If you have been turned down for conventional financing in the past, hard money can get your construction project off the drawing board and into reality.


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

How to Find Reliable Hard Money Lenders Arizona

Finding reliable hard money lenders Arizona is not as easy as driving to a bank or mortgage company. You will need to invest some time to find the best hard money lender to meet your needs.

Most first time hard money borrowers are not very familiar with the process or their options when it comes to selecting a lender. So it can be very tempting to just accept the first lender who is willing to make you an offer. But there are a few key questions that you should answer when you are assessing potential hard money lenders Arizona.

The hard money lenders website is going to tell you a great deal about how they do business and the actual type of service that they offer. Some sites are very basic and are only used to gather your information. They provide no details about the lender or the types of terms that they offer. Often times you learn after the fact that these sites do not belong to actual hard money lenders Arizona, but instead they are operated by an intermediary or broker who is collecting information on potential borrowers and then turning it over to an actual hard money lender. This is not a person that you want to deal with as they are going to add fees and provide you with no real service. You only want to work directly with the lender.

Professionalism is another important factor when selecting hard money lenders Arizona. You want to work with a lender who can meet your financial needs but also your customer service needs. Reliable contact information, a staff that promptly returns calls and emails and clear and professional documentation are all indication of a professional lender and not a fly by night entity.

Finding a Good Match

Not every hard money lender is going to be a good match for every potential borrower. Some lenders focus only on commercial properties while others prefer to focus on residential properties. Selecting a lender who regularly funds projects similar to yours will undoubtedly make the process smoother and faster which is often a driving motivation for using a hard money lender.

Do Your Homework

Any lender, whether a hard money lender or a traditional lender, is simply a service provider. You would never select a builder for your next home, a contractor or even a car mechanic without checking out the business and its reputation. So you need to commit to the same process with a hard money lender. Be certain that they are in good standing with other borrowers and that they are not embroiled in any legal issues. Check out their reputation with previous clients. Did they offer a professional process and service throughout the life of the loan? Were they reasonable to work with one terms and payments? All of this information will give you insight into what your hard money borrowing experience is likely to be when working with that lender.

Is Arizona hard money good for first time buyers?

hard money lender arizona

hard money lender arizona

As a first time investor, Arizona hard money may appear actually complicated otherwise you may be actually inquisitive about what it entails. Arizona hard money shouldn’t be a conventional Mortgage; it’s not based mostly on a financial institution’s resolution however as an alternative based mostly on the actual property property that you simply want to buy.

Usually with Arizona hard money, you can even get rather more money than you’d with a conventional financial institution Mortgage. Generally Arizona hard money can provide you as much as 100% of the worth of the property you’re borrowing in opposition to. That’s rather more than a daily Mortgage issued out by a financial institution.

Since Arizona hard money comes from individuals as an alternative of a typical lending establishment, you will have some extra leeway. Personal money lender Arizona is a person who points you money. It may be from somebody you recognize and even somebody you simply met who needs to spend money on your actual property endeavor. In the meantime, hard money lender Arizona is a bunch of people, not only one particular person, who invests in your actual property property.

Whereas the rate of interest is far greater than a conventional Mortgage, that isn’t one thing you actually have to fret about with an Arizona hard money Mortgage as a result of the turnaround goes by so rapidly you received’t even have time to rack up curiosity.

It’s good to know this stuff earlier than you begin wanting into an Arizona hard money Mortgage or funding since you need to just remember to’re getting what you wished out of the deal. An Arizona hard money Mortgage is nice for somebody who needs to skip the hardship of the financial institution Mortgage paperwork and get proper into the enterprise of flipping property. Don’t be shy, first time investor or not, the time to look into Arizona hard money is unquestionably right now.

Private Hard Money Lender in Arizona

Large Daddy Dennis Hard Money Lender

Arizona Hard Money
Stage 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444

There are options for loans from a Private Money Lender in Arizona.

When is Arizona Private Money a good possibility for me?

There are instances when Arizona Private Money is the most suitable choice for these looking for a loan. Often it’s when they should flip to a different supply after a financial institution has deemed them to be an excessive amount of of a danger. When you are unable to get a loan by way of the financial institution, discovering a private money supply will be the reply that you just want! There are some things that you should know about Arizona Private Money before you decide, so that you can make an informed decision.
  • Arizona Private Money is a time period in banking and finance that refers to lending money to a firm or particular person by a private particular person or group. Whereas most often consider a financial institution when deciding to borrow money, private money is obtainable by people or organizations. These sure people and organizations could have completely different qualifying pointers you then would often count on. There are greater dangers related to private lending for each the lender and debtors.
  • For essentially the most half, Arizona Private Money Lender could also be near the nation’s common rates of interest, however in some circumstances you will see that that or not it’s extraordinarily costly. The upper rates of interest often happen when there’s a bigger anticipated danger. It’s when there’s a greater danger related to the loan that the private money lender will increase the rates of interest. So in these circumstances your curiosity will probably be greater than the going rate of interest. That is the danger that involves each lender and borrower in a private money change.
  • Private money lenders could be discovered virtually in every single place. Their object is to make an above common revenue on the return of their money. There are some severe dangers that include that return, nevertheless. They will not be repaid, and sometimes concern that they won’t be paid on time. Many instances they may rapidly resort to authorized motion. In some circumstances of actual property, the lender will get a deed of the property in their identify in order that in the event that they are not paid they will promote the home to cowl the price of the loan. They might additionally get insurance coverage to stop losses because of any disaster on the property. In these methods, Arizona Private Money lowers the dangers that include loans.
  • Arizona Private Money lenders are not able to work outside the banking laws, and are required to comply with state and federal usury laws.However they are capable of keep away from among the crimson tape and regulation that banks should abide by akin to banking exams. Private money lenders might also have a restrict on what number of loans they may give in a yr inside a single state earlier than they should get a banking license.
  • All who are in Arizona Private Money ought to take further consideration. Many don’t advocate private money loans for residential owners. Certainly, Arizona Private Money is often solely used for enterprise capital. You also needs to have an accountant to advise you, in addition to a actual property lawyer to assist information and defend you. Usually private buyers don’t have all of the information and understanding wanted to work outdoors of a financial institution. Fairly often these agreements find yourself in court docket, so it’s useful to be nicely suggested earlier than it will get to that time.

How can I get an Arizona Private Money loan?

Many companies and organizations will promote that they provide Arizona Private Money loans. Be sure you test into their background and guarantee that they are the sort of folks or group that you just really feel snug coping with. Possibilities are you may be working with them for a very long time. Many organizations are prepared to take a danger on you along with your loan; simply make certain that you are prepared to do the identical. In the long run, it’s simply as a lot your money as theirs.

How can I discover a reliable Arizona Private Money lender? 

What are some issues that I ought to look for?

Ask them in the event that they belong to any organizations, such because the Arizona Private Lender Affiliation, or APLA. That manner they are considerably accountable and you’ve got a place to attraction to if wanted, earlier than going to court docket. It will even be useful to look by way of their credentials, and test with others which have borrowed from them. Most Arizona Private Money lenders are honest and helpful, it just helps to make sure you are dealing with one of those.
Arizona Private Money loans are extraordinarily useful for those that the banks have declared to be an excessive amount of of a danger. By following these pointers you may be positive to be as nicely protected as you possibly can, and to get the money that you just want.

Dennis Dahlberg
Dealer/RI/CEO/MLO
Level 4 Funding LLC
Tel:  (623) 582-4444 | Fax: (888) 279-6917
www.SETABAY.COM
NMLS 1057378 | AZMB 0923961 | MLO 1057378

Hard Money Lending Arizona Questions Answered

arizona hard money
arizona hard money
Have you ever been questioning what a hard money lender Arizona and private money lender Arizona do? You may need even questioned if they’re the identical factor. Lots of people use the 2 phrases interchangeably and that may be completely discover as a result of the 2 do have fairly a little bit of similarities, however when you look intently, hard money lender Arizona is just a little completely different from private money lender Arizona.  As soon as instance of this may be  private money lender Arizona may be anybody. It may be somebody that or perhaps a full stranger. It doesn’t matter as a result of if a private money lender Arizona needs to offer you some Arizona hard money, you shouldn’t complain!
On the flip-side, hard money lenders Arizona isn’t one particular person individual; it’s a gaggle of people that normally perceive the way to be nice at being a hard money lender Arizona. Most of the time this hard money lender Arizona group has a protracted roster of purchasers that they’ve assisted all through the years; serving to them buy the form of actual property alternatives that they need.
Each Hard money lender Arizona and private money lender Arizona normally have the expertise that you really want and want when you find yourself gearing as much as buy some actual property. Your hard money lender Arizona or private money lender Arizona will assist to information you to the proper location, title corporations, and even appraiser that’s greatest fitted to you and your property. Along with your hard money lender Arizona and your private money lender Arizona, you possibly can all the time really feel assured that the job is getting completed appropriately. 
You get to determine between hard money lender Arizona and private money lender Arizona to determine which class most closely fits your wants however it’s nice to know that both one will aid you together with your Arizona hard money wants.
Private Hard Money Lender in Arizona
Massive Daddy Dennis Hard Money Lender
Stage 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444

The Difference Between Hard Money Lending Arizona and Private Money Lender Arizona

arizona hard money
arizona hard money
Hard money lender Arizona and private money lender Arizona have a lot in frequent, however there are some distinction lenders ought to concentrate on. For instance, a private money lender Arizona could be anybody you understand and even somebody you don’t know. Member of the family or stranger, if somebody with money needs to be a private money lender Arizona and they’ve the money to do it, they will make loans to people who find themselves in want of Arizona hard money no downside.
In the meantime, hard money lender Arizona is often a gaggle of lenders and normally this hard money lender Arizona group has a historical past as they’ve helped homeowners get loans that assist these homeowners buy the property that they need be it a gaggle of condos or a brand new industrial growth alternative or actually any sort of industrial actual property undertaking. These are usually professionals with nice lending historical past and an understanding of the enterprise.
Hard money lender Arizona are sometimes very nicely skilled and may help with points and even supply data equivalent to which space is finest to purchase in, what title firm to make use of and even which appraiser is finest for the job. Hard money lender Arizona means you may get began with confidence and the peace of mind that issues will get performed correctly. Private money lender Arizona is typically extra handy nevertheless if you understand the private money lender Arizona nicely sufficient that you would be able to work in tandem as a group or in case you get a private money lender Arizona who’s motivated and understands what they’re doing in the true property world.
Select between your hard money lender Arizona and your private money lender Arizona and determine which class most closely fits your wants. Each events ought to have a terrific understanding of what you’re making an attempt to perform, it simply relies on which one works finest for you! Contact us right this moment to get extra data.
Private Hard Money Lender in Arizona
Massive Daddy Dennis Hard Money Lender
Degree 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444

Hard Money Lending Arizona Questions Answered

arizona hard money
arizona hard money
Have you ever been questioning what a hard money lender Arizona and private money lender Arizona do? You may need even questioned if they’re the identical factor. Lots of people use the 2 phrases interchangeably and that may be completely discover as a result of the 2 do have fairly a little bit of similarities, however if you happen to look intently, hard money lender Arizona is somewhat completely different from private money lender Arizona.  As soon as instance of this could be  private money lender Arizona could be anybody. It may be somebody that you realize or perhaps a full stranger. It doesn’t matter as a result of if a private money lender Arizona needs to present you some Arizona hard money, you shouldn’t complain!
On the flip-side, hard money lenders Arizona isn’t one particular person individual; it’s a gaggle of people that normally perceive easy methods to be nice at being a hard money lender Arizona. Most of the time this hard money lender Arizona group has an extended roster of shoppers that they’ve assisted all through the years; serving to them buy the sort of actual property alternatives that they need.
Each Hard money lender Arizona and private money lender Arizona normally have the expertise that you really want and wish if you find yourself gearing as much as buy some actual property. Your hard money lender Arizona or private money lender Arizona will assist to information you to the proper location, title firms, and even appraiser that’s finest fitted to you and your property. Along with your hard money lender Arizona and your private money lender Arizona, you may at all times really feel assured that the job is getting completed appropriately. 
You get to resolve between hard money lender Arizona and private money lender Arizona to resolve which class most closely fits your wants however it’s nice to know that both one will enable you to along with your Arizona hard money wants.
Private Hard Money Lender in Arizona
Large Daddy Dennis Hard Money Lender
Degree 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

The Difference Between Hard Money Lending Arizona and Private Money Lender Arizona

arizona hard money
arizona hard money
Hard money lender Arizona and private money lender Arizona have a lot in widespread, however there are some distinction lenders ought to pay attention to. For instance, a private money lender Arizona may be anybody and even somebody you don’t know. Member of the family or stranger, if somebody with money desires to be a private money lender Arizona and they’ve the money to do it, they’ll make Mortgages to people who find themselves in want of Arizona hard money no downside.
In the meantime, hard money lender Arizona is often a bunch of lenders and often this hard money lender Arizona group has a historical past as they’ve helped house owners get Mortgages that assist these house owners buy the property that they need be it a bunch of condos or a brand new business growth alternative or actually any form of business actual property venture. These are sometimes professionals with nice lending historical past and an understanding of the enterprise.
Hard money lender Arizona are sometimes very nicely skilled and might help with points and even provide info akin to which space is greatest to purchase in, what title firm to make use of and even which appraiser is greatest for the job. Hard money lender Arizona means you may get began with confidence and the peace of mind that issues will get carried out correctly. Private money lender Arizona is usually extra handy nevertheless if the private money lender Arizona nicely sufficient you can work in tandem as a crew or in case you get a private money lender Arizona who’s motivated and understands what they’re doing in the true property world.
Select between your hard money lender Arizona and your private money lender Arizona and resolve which class most closely fits your wants. Each events ought to have a fantastic understanding of what you’re attempting to perform, it simply is determined by which one works greatest for you! Contact us at this time to get extra info.
Private Hard Money Lender in Arizona
Huge Daddy Dennis Hard Money Lender
Stage 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

Less than perfect Credit Has a Chance With Arizona Hard Money

hard money lender arizona
hard money lender arizona
In case you are troubled by your much less than perfect credit score and also you want some money in your property, then it is perhaps greatest to begin interested by some non-traditional loan lenders. In case you have heard of Arizona hard money loans earlier than, however haven’t actually regarded into it, now could be positively the time.
Arizona hard money is not like conventional loans in that these lenders is not going to ask you to reveal all of your credit score scores from the previous six years. As a substitute, Arizona hard money loans are primarily based on the property that you’re coping with. There isn’t half as a lot problem or half as a lot paperwork. Every little thing is quick and simple. You possibly can have your money a lot sooner than what you’d with a conventional financial institution loan.
In case you really feel such as you is perhaps confused between hard money lender Arizona and private money lender Arizona, don’t get flustered. Whereas these phrases are used very often interchangeably, there’s a slight distinction.
Hard money lender Arizona is a group of people that want to spend money on your property with hard money Arizona. In the meantime, private money lender Arizona is one one that needs to spend money on your property. You may know this individual as they is perhaps somebody you’ve invested with earlier than, however there’s a chance they might simply be a new investor fascinated by supplying you with your Arizona hard money. 
Whichever route you select, you can be delighted that you simply went the Arizona hard money method. That is the easiest way to get the money you want quicker than any form of financial institution loan and with out half of the paper work and even the trouble. Say sure to Arizona hard money as we speak. It might simply be the perfect factor you ever did for you, your checking account, and your property. Don’t hesitate to look into Arizona hard money proper this minute. 
Private Hard Money Lender in Arizona
Huge Daddy Dennis Hard Money Lender
Stage 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444