Category Archives: private hard money

Does Our Government Really Hate US? Really?

What’s wrong with our economy?

One of the technical terms used when evaluating a healthy economy is a term called velocity of capital.  What this means is how fast  money is moving around from one person to another,  or defined as “The velocity of money is the rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period of time. Velocity of money is usually measured as a ratio of GNP to a country’s total supply of money.

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As you can see from the above graph the Velocity is on a steady decline.  So what causes the drop? My opinion is that there are two main reasons:

  1. People (consumers) have stopped spending money.   They are sitting on a boat load of cash and they are in a wait and see mode. 
  2. The second reason why there is a decline is that the government has put up road blocks to keep spending money.  One of the biggest road blocks enacted are the Dodd-Frank Regulations  that are making it extremely difficult for individuals to purchase homes. 

When someone purchases a home it’s not just the seller and buyer who are happy.  There are those downstream of this  closing  that are going to be happy when the home closes.  Typically the listing and selling agents are happy, but there are others who also benefit from this happiness and make a living off of the sale.  Sure the buyer is happy, they have their dream home they always wanted, and the seller is happy since the can move to their next home,  or maybe get rid of the current home.  It’s going to be a Happy, Happy, Happy fest.  The agents who listed/sold the home can’t wait till they receive the final HUD 1 is completed and the title company sends out the checks to the brokers.  Most agents keep a list of the transactions in their pipeline and like most agents, their spouse is quizzing them on the transactions.  My wife usually says, ‘got anything closing this week’?  She says this specially during the holiday season.  I’m happy to say that yes!.  This is going to be a good Christmas.  However there are many others who will benefit from this transaction and will have a happy Christmas.

  • Title company and the title agent are getting something from this transaction, like title insurance & escrow fees.
  • The loan company, Loan Officers, Loan Brokers, Underwriters, support staff, company sales rep also benefit.
  • Home Inspectors, and termite inspectors are getting some of the money.
  • Handyman who will fix the conditional items from the homeb inspection also get a piece of the deal, and don’t forget all the hardware stores will get a piece of this pie when the handyman  buys a new faucet or  other item to be fixed.
  • Tax payers benefit when home taxes are being paid in full with collections of future taxes.
  • Insurance companies are writing a new policy.
  • HOA’s are going to receive a transfer fee and maybe impact fees.
  • Neighbors are going to be happy to see a new neighbor.
  • Disabled Vets are going to receive all of the  stuff the new home owners are going to give away before they move.
  • Utility companies are going to get a change notice and if the account is past due, they are going to get paid.
  • Appraisal companies will get their piece of the pie also.

iStock_000002302749XSmallIt is amazing when you think of all the people who will touch this transaction to complete the deal at all.  BUT what’s really startling is how many people will be able to keep their job, put food on the table and survive. 

With all of this occurring, we should sell homes all the time, but I’m shocked by the road blocks our government has put in place to stop this from occurring.  In an effort to fix the last collapse of the housing industry, the administration has generated a mountain of mind numbing regulations to stop consumers from purchasing a home.  It’s like passing through  gates of hell to get a loan.  We have gone too far in the wrong direction to fix the problem.  The incoming administration has indicated that they are aware of this problem and is promising to fix the regulations ASAP.  Let’s get money flowing again!


Level-4-Funding-Dennis-Dahlberg-Mort[1]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
http://www.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 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.


 Free Report The 8 Things You Must Do To Be A Successful Home Flipper







          

Benefits of a Arizona Private Lender to Find a Home Loan for People With Bad Credit

 

When you’ve got ever even thought of shopping for your private home, however you’ve been too frightened about your credit score rating, don’t concern. There may be a method to purchase your private home with out a nice credit score rating. Private money lenders Arizona need to provide the home loan for people with bad credit so that you could get your life collectively once more and dwell within the house you deserve to dwell in.

There may be a method to bypass your credit score rating and get the bad credit mortgage loan you want to get the house of your goals. Banks may be terrible and by no means forgiving. In the event you suppose banks are the one method you will get your new house, you’re improper. Private money lenders Arizona need to provide the house you deserve even with the credit score you’ve gotten proper now.
We all know the financial system actually sucked the life out of a lot of folks’s credit score scores, however you may cease worrying that your life won’t ever be the identical. You may nonetheless have the house you need while you get your below-average credit mortgage loan. You may get your life collectively once more and have the choice of selecting the place you need to dwell as a result of you will get a house loan for folks with below-average credit from private money lenders Arizona with none problem and with none worrying and with out all of the paperwork that comes from coping with a financial institution who won’t provide you with your money anyway!
In the event you’ve been nervous about making use of for a house loan as a result of of your credit score, you don’t want to be anymore as a result of home loans for people with bad credit do exist and we would like to give it to you so that you could be glad in the home of your goals with your loved ones once more.

Dennis Dahlberg

Dealer/RI/CEO/MLO

Stage 4 Funding LLC
Arizona Tel:  (623) 582-4444 

Arizona Tel:     (512) 516-1177 

www.SETABAY.COM


NMLS 1057378 | AZMB 0923961 | MLO 1057378

23335 N 18th Drive Suite 120

Phoenix AZ 85027


 
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Bad Credit Home Loans Arizona: How to Make Money with Hard Money Loans

When you have low credit score you almost certainly assume that actual
property investing is not possible. Nevertheless, with bad credit home loans Arizona and hard money lending there are
choices for people with low credit score to benefit from actual property
funding alternatives.
Most monetary consultants will let you know that actual property is a
sound funding. Actual property has constantly earned money over time and is a
means to assist construct your funding portfolio and private wealth. Nevertheless, for
many people with low credit score, actual property investing has been past their
attain utilizing conventional loans. Roughly 42.5 million People have a foul
credit score rating and are thought-about sub-prime debtors. If you’re available in the market
to begin actual property investing however you have got low credit score, there are a number of bad credit home loans Arizona mortgage
brokers advocate.
One kind of loan obtainable to sub-prime debtors is a hard
money loan. A hard money loan is a specialised kind of actual property backed loan.
The lender is an investor or group of buyers somewhat than a financial institution. The lender
presents brief time period capital loans to buy funding properties. The time period of
a hard money loan is usually not more than two years and is designed to make
money on actual property for each the borrower and the lender. Hard money lenders
deal with the worth of property being bought somewhat than the property or credit score
rating of the borrower. Because of this a hard money loan is a useful
alternative for an investor searching for bad credit home loans Arizona mortgage brokers advocate to buy a property as a brief time period funding.
Hard money loans can be found for all property sorts
together with business, residential, multi-family, and even land loans. Every
lender or group of lenders determines the necessities for what kinds of loans
they are going to give in addition to how a lot money they are going to lend. If the lender provides
loans on residential properties he/she/they’re required to be licensed by way of
the Nationwide Mortgage Licensing System (NMLS). So as to certain that the lender
you’re utilizing meets all necessities, it’s best to use a broker or funding
crew that focuses on hard money lending.

Hard Money Lending
Rules

Though hard money loans have considerably much less
rules than conventional mortgages, there are particular federal rules
that apply to hard money lenders. For many property sorts, hard money lenders
don’t require the identical earnings verification or credit score rating tips that
conventional banks do. That is a part of what makes them ideally suited bad credit home loans Arizona residents
with low credit score can use, as they take a look at the worth of the property from an
funding standpoint, not primarily based on credit score or earnings. Nevertheless, it can be crucial
to be aware that hard money loans are extra dangerous for the lender and due to this fact come
with a better rates of interest. As well as, if you’re taking out a hard money
loan on a residential property, you may be required to some proof of potential
to repay the debt. This implies some kind of proof of earnings although it’s often
much less stringent than what a financial institution requires.
Whenever you take out a hard money loan, the property that you simply
are investing in turns into the collateral. In the event you default on the loan, the lender
will seize the property to defend its funding. In the event you take out a hard money
loan, just remember to can be in a position to pay the loan again in full on the finish
of the time period by both promoting the property or different means. Whenever you promote the
property you retain any money that’s earned above the quantity of the loan and any
accrued curiosity.

Talk with a mortgage broker or investment company about hard money lending.

A
monetary skilled or mortgage broker may also help you resolve if a hard money
loan is a brilliant monetary alternative. It’s an effective way for People with low credit score
scores to begin benefiting from actual property investing. As well as, hard
money loans can profit prime debtors as effectively. In the event you already personal a house you
could not qualify to buy an funding property primarily based in your debt to earnings
ratio. A hard money loan could be a nice work round to get you into the true
property market. Name a broker or your monetary adviser to be taught extra as we speak.

Dennis Dahlberg

Dealer/RI/CEO/MLO

Degree 4 Funding LLC
Arizona Tel:  (623) 582-4444 

Arizona Tel:     (512) 516-1177 

www.SETABAY.COM


NMLS 1057378 | AZMB 0923961 | MLO 1057378

23335 N 18th Drive Suite 120

Phoenix AZ 85027


 
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Arizona Bad credit home loans: Investing in Real Estate Using Hard Money Loans

If in case you have unhealthy credit you almost certainly assume that actual property investing is past your attain. Nevertheless, with Arizona Bad credit home loans and hard money lending there are alternatives for people with unhealthy credit to reap the benefits of actual property funding alternatives.
Most monetary planners agree that actual property investing has traditionally been a sound funding. Real property has persistently earned money over time and is a approach to assist construct your funding portfolio and private wealth. Nevertheless, for a lot of people with unhealthy credit, actual property investing has been past their attain utilizing conventional loans. Roughly 42.5 million People have a foul credit rating and are thought-about sub-prime debtors. Usually which means that a borrower with a FICO rating of lower than 640 will likely be denied a home loan by a financial institution. If you’re in the market to begin actual property investing however you’ve gotten unhealthy credit, there are a selection of Arizona Bad credit home loans and loan applications out there to you.
One kind of loan out there to sub-prime debtors is a hard money loan. A hard money loan is a specialised kind of actual property backed loan. The lender is an investor or group of buyers fairly than a financial institution. The lender affords quick time period capital loans to buy funding properties. The time period of a hard money loan is mostly not more than two years and is designed to make money on actual property for each the borrower and the lender. Hard money lenders deal with the worth of property being bought fairly than the property or credit rating of the borrower. Because of this a hard money loan is a useful alternative for an investor on the lookout for Arizona Bad credit home loans to buy a property as a brief time period funding.
Hard money loans can be found for all property varieties together with industrial, residential, multi-family, and even land loans. Every lender or group of lenders determines the necessities for what kinds of loans they may give in addition to how a lot money they may lend. If the lender offers loans on residential properties he/she/they’re required to be licensed by means of the Nationwide Mortgage Licensing System (NMLS). With a purpose to certain that the lender you might be utilizing meets all necessities, it’s best to make use of a broker or funding crew that specializes in hard money lending.

Hard Money Lending Laws

Though hard money loans have considerably much less laws than conventional mortgages, there are particular federal laws that apply to hard money lenders. For many property varieties, hard money lenders don’t require the identical revenue verification or credit rating tips that conventional banks do. That is a part of what makes them preferrred Arizona Bad credit home loans as they have a look at the worth of the property from an funding standpoint, not based mostly on credit or revenue. Nevertheless, you will need to notice that hard money loans are extra dangerous for the lender and due to this fact include a better rates of interest. As well as, in case you are taking out a hard money loan on a residential property, you’ll be required to some proof of potential to repay the debt. This implies some kind of proof of revenue although it’s often much less stringent than what a financial institution requires.
Whenever you take out a hard money loan, the property that you’re investing in turns into the collateral. Should you default on the loan, the lender will seize the property to guard its funding. Should you take out a hard money loan, just be sure you will be capable of pay the loan again in full on the finish of the time period by both promoting the property or different means. Whenever you promote the property you retain any money that’s earned above the quantity of the loan which is why hard money lending generally is a nice Arizona Bad credit home loans program to permit people with unhealthy credit to speculate in the actual property market.
Speak with a mortgage broker or funding firm about hard money lending.

A monetary skilled or mortgage broker will help you resolve if a hard money loan is a brilliant monetary selection. It’s a good way for People with unhealthy credit scores to begin profiting from actual property investing. As well as, hard money loans can profit prime debtors as effectively. Should you already personal a home chances are you’ll not qualify to buy an funding property based mostly in your debt to revenue ratio. A hard money loan generally is a nice work round to get you into the actual property market. Name a broker or your monetary adviser to be taught extra right this moment. 

Dennis Dahlberg
Dealer/RI/CEO/MLO

Stage 4 Funding LLC
Tel:  (623) 582-4444 | Fax: (888) 279-6917

www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027



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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