Category Archives: Arizona mortgage broker Blog 6: Should I begin to invest in trust deeds Arizona?

Process for Obtaining Commercial Loans


There is really no shortcut when you are seeking commercial loans. But following a tried and true process can help to expedite the response to your application.

Most borrowers fail to understand that a great deal of the success or failure of their commercial loan application rests on their amount of effort in preparation. There is a huge amount of research and due diligence that a borrower must invest in the process in order to be successful when applying for commercial loans. Understanding the loan application process, the desires of specific lenders and their loan approval criteria are all very important and should be researched long before you begin to search for a commercial property to purchase.

Many borrowers are in awe of commercial lenders and fail to see them as a business partner or vendor. They get too caught up in the “bank” aspect and feel as if they are being judged. The lender is making a judgement but only from the perspective that they want to verify that you can afford the loan. They are just making smart business decisions. In that vein, you should also be making smart decisions about who you are interested in borrowing from. There are many options for commercial loans which you should explore including large national banks, medium sized regional banks, a small local bank, a private lender or a mortgage company just to name a few. If you are not familiar with any major lenders or to gain information about your options, begin with a meeting at your current bank to learn about their commercial loan products.

Each lender is going to have a slightly different set of criteria for approving a loan. Learning these requirements can help you to determine which lenders you will actually apply to. Set up a few appointments to speak to loan officers to learn about the lenders and what they have to offer you. Be prepared to discuss your business, the reason you are requesting a loan and how you plan to meet the financial responsibility of repaying the loan. These conversations can glean some very helpful free advice for you from seasoned lending professionals.

Select Lenders Who Best Meet Your Needs

Not all lenders are going to be a great fit for you or even a fit at all. If you are looking for a small loan then a national bank might not be interested in your application. Likewise, if you are seeking a very large loan, then a small local bank might not be your best choice. Try to determine which lenders specialize in the type of commercial loans that you are seeking and then apply only to those lenders. There are costs involved in commercial loan applications as well as a commitment of time. Don’t waste either by applying to a lender who will not be interested in your business.

Make a Great First Impression

Other than a brief introductory meeting, your loan application will be your first contact with many lenders. This is your only opportunity to create a positive and professional first impression. Invest all of the time that you need to research your options and the criteria that each lender uses to evaluate loan applications. Only then should you begin to compile your documentation and complete the loan application. This dedication to completing a high quality loan application and documentation packet will pay great dividends when you learn that you have multiple loan offers at very competitive rates.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
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About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Benefits of Non-Recourse Commercial Loans


There are many options to explore when seeking commercial loans. One of the factors which can reduce personal liability and risk of assets is a non-recourse loan.

As you begin to explore the options for commercial loans you will quickly find that there are two main categories for these loans, recourse and non-recourse. The more common of the two is the recourse loan which requires the borrower or borrowers to personally sign as the guarantor of the loan. This simply means that in the event of business failure or inability of the business to make the loan payments for any reason, then the guarantor is personally responsible to make the payments. Obviously, this presents a significant personal financial risk to the guarantor.

Non-recourse commercial loans do not require the borrowers to become personal guarantors of the loan. Therefore, these loans do not require the risk of the personal assets of the borrowers. This is one of the biggest advantages for any borrower. Knowing that a business failure means the loss of income is bad enough but to also be faced with the responsibility of personal liability on a commercial loan can be devastating. No business owner ever chooses to take out a loan which they believe the business will default on but there is always that rare possibility, and the added stress of personal liability. But a non-recourse loan eliminates that stress and potential issue.

An additional benefit is that non-recourse loans are assumable. This can be a huge advantage if you plan to sell the property in a few years or if a situation changes and you need to sell the property quickly. Currently, commercial lending rates are very favorable, but they are expected to increase. So the current loan rate is likely to be much lower than a rate which will be offered on a loan in a few years. So when you do decide to sell the property, you have the ability to offer to have the buyer assume your loan. This will be a great incentive for the buyers as the interest rate could be significantly lower than the current rate.

The Perfect Non-Recourse Loan Candidate

Non-recourse loans are most often used to purchase properties which provide a strong cash flow as the property is the only collateral. This means that even if the property is not the more visually appealing or if it needs a face lift, it could still be a candidate for a non-recourse loan. The critical factor is the cash flow. As long as the property is generating 1.25 times the proposed payment of the loan then lenders will be eager to offer this financing solution.

Great Benefits if the Fit is Right

Non-recourse commercial loans can offer a huge benefit for the right borrower and the right commercial property. Knowing that the property does generate a strong and steady cash flow allows the borrower to get a great loan and rate without having to personally guarantee the loan in the event of a business failure. It also provides added benefits to the borrower when it is time to sell the building by allowing the buyer to take advantage of a lower interest rate on the assumed loan.

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

Should I begin to invest in trust deeds Arizona?

Should I begin to invest in trust deeds Arizona?

We’re certain you’ve got heard lots about trust deed investing Arizona so let’s simply dig in and let you know why it’s so nice. To begin with, you’re subjecting your self to little or no danger and creating some very excessive returns. There aren’t loads of investments that may try this for you, however trust deed investing Arizona can, particularly in the event you choose up non performing notes Arizona. Uncertain what that’s? Allow us to clarify only for you, however your mortgage loan broker shall be ready to assist you to out, too.
Non performing notes Arizona allow you to begin your trust deed investing Arizona with little or no down and a assured return. That’s completely proper. You get to steal a deal, mainly.
Getting a excessive return is likely one of the main trust deed investing Arizona perks. On the finish of the funding interval, you both get a property otherwise you get your money. You at all times get again one thing to your efforts- you at all times get some form of asset. That’s the assure of Non performing notes Arizona mixed with trust deed investing Arizona. You on the very least get property you possibly can maintain onto.  
Let your portfolio get the form of investments it deserves once you set your thoughts to investing in trust deeds Arizona. Make the money you need once you take the small danger of investing in non performing notes Arizona and yield nice returns that belong to you. Your mortgage loan broker will information you thru the good funding alternative and be sure that you come out with a various portfolio that works for you. Get the money in your phrases. Become involved with trust deed investing Arizona at the moment and begin making the money you need proper now. You’ll be glad that you just took the low danger to your excessive returns. Act at the moment!

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
23335 N 18th Drive Suite 12
Phoenix AZ 85027

Should I begin investing in non performing notes Arizona?

Should I begin investing in non performing notes Arizona?

Belief deed investing Arizona has some superb advantages in your pockets and your portfolio. By now I’m certain you’ve got heard that investing in trust deeds Arizona has some nice alternatives corresponding to low danger and a excessive yield, however it will be significant that you simply perceive the form of investing you’re stepping into. As with something, it is not in a single day, you’ll have to be educated about the way you’re investing your money. So let’s look into the methods you’ll be able to benefit from your trust deed investing Arizona.
Among the best methods to get began with trust deed investing Arizona is to look into buying some non performing notes Arizona.
Non performing notes Arizona are notes that lenders wish to give away, which is nice for you as a result of they assure a return it doesn’t matter what. You see, with non performing notes Arizona, even in the event you borrower finally ends up defaulting on the loan, you will notice stroll away with an asset be it the property or your money. You are able to do no matter you need in the event you purchase the property. You simply may find yourself with new actual property alternatives.
With nice, massive returns and little, tiny dangers, you’ll be able to benefit from your trust deed investing Arizona with non performing notes Arizona. This isn’t one thing to be taken calmly, nonetheless. Be sure to actually do your analysis earlier than you begin your trust deed investing Arizona. It’s vital to actually get to know your broker, for instance since you may be working in tandem with them.
Your mortgage loan broker will aid you look into the good benefits of trust deed investing Arizona. Make money with excessive returns and little or no danger. It’s time that you simply get into trust deed investing Arizona. You and your portfolio will see it’s a good way make money.

Stage 4 Funding LLC
23335 N 18th Drive Suite 120

Phoenix AZ 85027

Should I begin to invest in trust deeds Arizona?

Should I begin to invest in trust deeds Arizona?

We’re positive you have heard a lot about trust deed investing Arizona so let’s simply dig in and let you know why it’s so nice. To start with, you’re subjecting your self to little or no threat and creating some very excessive returns. There aren’t loads of investments that may try this for you, however trust deed investing Arizona can, particularly should you decide up non performing notes Arizona. Uncertain what that’s? Allow us to clarify only for you, however your mortgage Mortgage broker might be in a position to provide help to out, too.

Non performing notes Arizona allow you to begin your trust deed investing Arizona with little or no down and a assured return. That’s completely proper. You get to steal a deal, principally.

Getting a excessive return is likely one of the main trust deed investing Arizona perks. On the finish of the funding interval, you both get a property otherwise you get your money. You all the time get again one thing to your efforts- you all the time get some form of asset. That’s the assure of Non performing notes Arizona mixed with trust deed investing Arizona. You on the very least get property you may maintain onto.  

Let your portfolio get the form of investments it deserves if you set your thoughts to investing in trust deeds Arizona. Make the money you need if you take the small threat of investing in non performing notes Arizona and yield nice returns that belong to you. Your mortgage Mortgage broker will information you thru the good funding alternative and be certain that you come out with a different portfolio that works for you. Get the money in your phrases. Get entangled with trust deed investing Arizona right this moment and begin making the money you need proper now. You’ll be glad that you simply took the low threat to your excessive returns. Act right this moment!

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
23335 N 18th Drive Suite 12
Phoenix AZ 85027

Should I begin investing in non performing notes Arizona?

Should I begin investing in non performing notes Arizona?

Belief deed investing Arizona has some superb advantages on your pockets and your portfolio. By now I’m certain you have heard that investing in trust deeds Arizona has some nice alternatives equivalent to low danger and a excessive yield, however it is crucial that you simply perceive the type of investing you’re moving into. As with something, it is not in a single day, you’ll have to be educated about the way you’re investing your money. So let’s look into the methods you possibly can profit from your trust deed investing Arizona.

Probably the greatest methods to get began with trust deed investing Arizona is to look into buying some non performing notes Arizona.

Non performing notes Arizona are notes that lenders need to give away, which is nice for you as a result of they assure a return it doesn’t matter what. You see, with non performing notes Arizona, even should you borrower finally ends up defaulting on the Mortgage, you will notice stroll away with an asset be it the property or your money. You are able to do no matter you need should you purchase the property. You simply would possibly find yourself with new actual property alternatives.

With nice, massive returns and little, tiny dangers, you possibly can profit from your trust deed investing Arizona with non performing notes Arizona. This isn’t one thing to be taken flippantly, nevertheless. Be certain to essentially do your analysis earlier than you begin your trust deed investing Arizona. It’s necessary to essentially get to know your broker, for instance since you’ll be working in tandem with them.

Your mortgage Mortgage broker will enable you look into the nice benefits of trust deed investing Arizona. Make money with excessive returns and little or no danger. It’s time that you simply get into trust deed investing Arizona. You and your portfolio will see it’s a good way make money.


Stage 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027