Monthly Archives: August 2019

Choosing a Contractor 101

Taking out a hard money loan to Arizona fix and flip a property will make you the most money if it’s done on time and correctly the first time. Here are some tips for choosing a good contractor for your investment.

We’ve given you tips on how to choose a hard money lender, but once you have your loan it’s time to choose a contractor to complete your Arizona fix and flip. This is just as important as choosing a good hard money lender because your Arizona fix and flip needs to be done on schedule, on budget, and without corrections needing to be made.

Here are some tips you can follow to ensure you’re hiring a great contractor for your investment property!

Ask the Hard Questions

You’ll want to interview contractors just like you would your Arizona hard money lender. Ask them about past projects and ask for references. You want to hear first hand that they’ve completed projects on time and without going over budget from people who have actually worked with them in the past.

Present a Scope of Work

You’ll want to have an organized and well laid out scope of work to show your potential contractor. If all you can present is a theoretical idea of what you’d like done to your home, it’s going to be hard to get a legitimate estimate.

Compare Bids

The cheapest isn’t always best. You’ll want to get detailed bids based on your scope of work and compare the itemized projects you want completed.

Once you have all of this information collected you can make a well informed decision of which contractor will not only be able to complete your project, stay within your budget, and know that they’ve been successful in the past, but you’ll have met them and know if you feel you’re going to work well together.

We hope that these tips will help you select a great contractor for your next investment property. If you’re ready to select your Arizona hard money lender, call Level 4 Funding today to schedule an appointment!

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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

How to increase eligibility for Arizona Renovation loans

If your just starting out in the flipping business, you may be wondering how to increase your eligibility for renovation loans. Sure the application process is easier than a bank loan, but that doesn’t mean these lenders just give money away. Learn some steps to increase your eligibility-these steps wont just help put your lenders mind at ease, but also help you increase the profits you can earn from your next flip.

By and large renovation lenders are mainly Arizona hard money folks. These lenders focus on property values above all else, which means there’s basically two things they care about:

1.When they’ll get their money back

2.What the value of your property is both now and after you’ve repaired it.

Along these lines, if your in the flipping game you can up eligibility by following these tactics.

Follow these three tactics to improve eligibility for Arizona renovation loans

1,Have a detailed plan before meeting with your lender- Have a clear timetable concerning each repair you’d like to make. Knowing these details and having them on paper will assure your lender about exactly when they’re going to get their money back. Plus it shows that you’ve carefully thought about your project and that you know what you’re talking about.

2.Cite a Realistic resale value- Your lender will want to know that the final sales price of your flip will cover the cost of your loan. So before meeting with a potential lender, know the resale value of comparable properties and know these numbers like the back of your hand.

3.Have enough savings on hand in case something goes wrong- What goes up must come down, and if you have a plan something will go wrong. So before meeting with a potential lender be sure you have enough savings on hand to make loan payments for a couple months, in the event your plans get derailed. Having any sort of financial safety net will greatly ease your lenders mind and improve your eligibility.

Not only will using the above steps improve your chances of getting approved they will also help you risk less and turn a greater profit on your next deal.

Using these tactics wont just improve your eligibility for Arizona renovation loans, theyll help you risk less and make more.

Detailed plan keeps work on track- Having a clear timetable will ensure work stays on schedule and that you’ll pay your loan off as soon as possible. The less time you waste, the lower your loan payments and the more money you’ll make in the end.

Realistic resale value gives realistic profit projections- This will give you peace of mind of knowing how much money you’ll make on your project. It will also help you avoid flipping a 100k house that in the end sells for 105 K.

Having sufficient savings will prevent default- If you can’t make loan payments after work get seriously delayed, you’re going to default. If you default because you can’t keep up with payments, all those blood sweat and tears you’ve expended on your flip will go to waste.

So use the above principles not only to improve your chances of qualifying but to help you risk less and make more on your next flip.

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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

First time flipping? Why Professional Private money lenders are the real deal.

If your a first time flipper, or real-estate investor you might be having a tough go of it getting financing from the bank. Theres lots of advice out there telling you that you can fund your first real-estate venture with a loan from a close friend or a relative. But getting a real-estate loan from your rich uncle is generally not a good idea. Learn the benefits of working with professional Arizona private money lenders.

If your a first time flipper struggling to fund your first deal, you might be considering going in hat in hand to a close relative or your best friend. You might think a big shot professional lender will pretty much give you the same deal as all his other clients, while relatives and relations always think the best in you. While convincing your mom to give you a zero interest loan for your first flip might be easy it’s not a good idea.

How Professional Arizona Private money lenders excel

1.They have the money- Things move fast in the flipping game and a professional private lender actually has money to lend you. Once the application process closes, you’ll have the money you need to get started.

In contrast, it might take months for your relative or best friend get their funds together. Waiting for your relatives to get their ducks in a row could cost you a great opportunity. Plus just think of all the awkward phone calls-“yes Uncle Lester, remember that loan we talked about?” On that note, with a professional lender…

2.You don’t risk your relationships- A professional lender might not cut you slack if you miss a payment, but they wont take it personally either. . It’s just common sense, money ruins relationships. On that note, theres a much better reason to work with a professional

3.You build a reputation- Do you think successful flippers rolodexes are full of close relatives ready and eager to fund their deals? The answer is no. Successful flippers get that way because they have an established relationship with a professional lender. After funding a few deals with a professional you might qualify for no money down financing, meaning you’ll be able to flip for free. The sooner you start building a relationship with a professional lende the sooner you’ll be able to get such deals.

You risk less and get more by working with professional Arizona private money lenders

Basically ask yourself if you want to risk your relationships in order to flip houses? What if something goes wrong (which it will) and you can’t pay your relative or best friend back? Think of all the tears, venomous phone calls and thanksgiving dinners where the only conversation is between the silver ware.

You can spare yourself all of that pain and heartache by getting a professional lender to fund your first deal. Getting a professional on board will get you your money faster, save your relationships and let you start a new relationship, one that can pay dividends for years to come.

Think about 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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

Why trust deed investments are a better bet than stocks

With trade wars escalating and stocks more volatile than ever, you might be wondering if theres a safer way to invest your money. Well there is-its called a trust deed. Learn what trust deed investments are and why theyre a better bet than stocks, especially in these uncertain times.

First what is a trust deed?

A trust deed is basically a mortgage where you as an investor act like the bank. You give a loan to real-estate developer, and In exchange for your investment, the developer pays you back on a monthly basis.

This arrangement might sound sketchy but just think for a moment when you invest in a stock do you actually know what your investing in?

Because trust deeds are secured by real-estate you can make a more solid investment

Because it’s familiar you might think the stock market is a safer bet but ask yourself a few questions-

• Do you know what determines a stocks value? No, because no one can say what a stocks price will be in 5 minutes. Even if have a masters in economics, you cant definitively say what a stock is worth.

• Do you know when a stocks value is going rise or fall? No,Stock prices rise and fall based on the news of the day and the hot air spewed by analysts. One bad news story or a vague tweet could send a stocks price plummeting.

• Do you know where the stock market is actually headed? Maybe. But lately its been all over the map.

In contrast, trust deeds are based on real-estate. Real-estate has a definite value that even an eight year old can understand. Everyone knows that a 100 square foot shack is worth less than a mansion. In addition, the price of real-estate is essentially based on supply and demand and lately the price of real-estate has been climbing, as the market digs itself out of the hole of the recession.

Trust deeds are hands off way to invest in real-estate, which makes them a better bet than stocks. Unlike stocks with real-estate you can understand valuations, you can pretty much say what the price of a given property will be tomorrow, and you generally know where the market is headed.

Still if your new to the idea of trust deeds, you might be wary. Well trust deeds are actually safer than stocks for the following reasons:

3 ways trust deeds beat stocks

Higher guaranteed yield: Trust deeds are loans with interest payments, usually in the high single digits. Basically you earn a guaranteed return on your investment every month. Stocks pay out paltry dividends a few times a year and even those aren’t guaranteed

Guaranteed return on initial investment- With trust deeds your pretty much guaranteed to make back your initial investment. Think about it can you just stop paying your mortgage? No. Even if a trust deed borrower stops making payments you have a protection stocks can’t offer

Right to recourse- basically you can foreclose and liquidate the borrowers property to make your money back.

So basically trust deeds are give you rights, protections and the potential for higher returns than stocks. If your still indecisive, think about it are you going to leave the value of your investment portfolio at the mercy of the presidents next tweet? Or would you rather earn a safe and steady income from a trust deed?

I’ll leave that for you decide.

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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

3 Reasons why Arizona hard money is best for rehab loans

A recent episode of flip or flop might have convinced you to start flipping houses. But as the credits roll you realize you have a problem, you dont exactly have a stash of gold bars buried in the back yard, so to get started in the flipping business- youll need financing. Where do you start? This article will tel where not to go and where to go to get rehab loans.

Those just starting out in the flipping business might think that their local JP Morgan Branch office will finance their first deal. Why not, if you’ve planned your project carefully, have a decent downpayment and have a good credit score, why wouldn’t your local bank give you a loan to flip your first house?

Well there’s really only one reason-

You cannot get Arizona rehab loans from banks.

Getting a rehab loan from a traditional bank is impossible. God himself might have spoken to you in a vision and said ‘if you flip it they will come,’ but still a bank wonk give you money for a flip. Period-end of discussion.

This is because banks fund their loans by selling their mortgages back to the government, which means a whole lot of bureaucracy comes into play when it comes to the condition of the home you intend to purchase. Basically any property you finance through a bank, has to be as close picture perfect as possible, and if you want to flip a house, this wont be the case.

So if banks don’t offer loans to flip houses, who does?

Heres 3 reasons why you need to go to Arizona hard money provider first when getting rehab loans

Arizona hard money is a loan given by a private lender based on the value of the hard asset (i.e. The house you intend to flip). These sorts of lenders specialize in funding flips, its their main game.

You might be consider other ways to finance your flip, like going to your relatives, but heres 3 reasons why Arizona hard money is your best bet if you want to get into the flipping business:

• Property condition isn’t a factor- The first house you want to flip might have one out of four walls left standing, but if you have a solid plan a Arizona hard money provider can still fund this sort of deal.

• No bureaucracy- Most Arizona hard money providers don’t answer to anyone but themselves. Without bank bureaucracy things like your down payment and interest rate are up for negotiation, which means you can get a better deal.

• Loan terms make sense for a flip- Arizona hard money is short term, with terms which don’t usually go over 12 months. No solid flip should take more than a year.

Speaking of loan terms, if you’re new to the flipping business you might see those double digit interest rates and be ready to spit up your lunch. In truth is, those high interest rates wont matter if your deal is good enough.

If you end up paying 2 K in interest, but earn 40 K in profit from a flip, a couple grand is nothing.

So in short if you want to start making money in the flipping business, you need Arizona hard money.

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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

Bad Credit? How Arizona hard money loans can help

A single solid real-estate deal could help you clear up a boat load of old debt, but if you have bad credit you can’t invest in real-estate, right? Because Banks just don’t give financing to folks with double digit credit scores. Well even if your credit score happens to be 75, you can still invest in real-estate with the help of something called Arizona hard money loans.

Conventional wisdom is that the last thing a person with bad credit should do is get into more debt. But, conventional wisdom is often wrong. Conventional wisdom once said that leeches could cure the plague.

In truth a single sound investment could change your financial future and Arizona hard money can help fuel the cost of these investments.

Even with bad credit, Arizona hard money lenders can give you a loan

Most lenders consider your credit score above all else, but Arizona hard money providers really only care about one thing-collateral. So even if you have a credit score of 75 a Arizona hard money provider could still fund your deal if you have a decent down payment on hand and your deal has enough potential.

A quick search about Arizona hard money will reveal high interest rates, balloon payments-scary words especially for someone with financial difficulties. You might be thinking ‘so these guys don’t care about credit, and they’ll give me a six month loan at 12 percent interest, it sounds like a scam. Given terms like that why don’t I just go get another credit card to pay off my debts?”

The fact of the matter is, Arizona hard money is a legitimate business,. In fact, Arizona hard money is the go-to form of financing for those in the flipping business.

Now you might be thinking “since when was flipping houses a sound financial strategy?”

Flipping houses with the help of Arizona hard money loans could be a path to financial freedom.

Arizona hard money can help you resolve your credit issues, because a single solid flip could earn you tens of thousands of dollars.

However, there’s a right and wrong way to go about this.

The right way to use Arizona hard money would be to perform all the due diligence possible, have a clear understanding of what a property will go for after you fix it up, have a clear timeline for your renovations, fix up the property, sell it and then use the resulting profits to pay off your initial Arizona hard money financing and your remaining bad debts.

The wrong way to use Arizona hard money would be to purchase a distressed property, with no understanding of what it will go for after you’ve fixed it, or how long your renovations will take.

So Arizona hard money isn’t too good to be true, because flipping is hard work, and above all it is certainly not risk free.

But what sounds better to you- fixing your credit issues through decades of penny pinching or resolving them in a couple months by flipping a single house?

If your willing to take that risk Arizona hard money can help.

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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

What is a Arizona hard money Lender?

A word like Arizona hard money lenders might make you think these lenders give you literal Arizona hard money in the form of gold bars instead of cash, or make you endure a week on a desert island before they can approve your application. Arizona hard money is actually easier to get than other types of financing. In this article we’ll explain what Arizona hard money is and some specific it could help you, especially if you’re a real-estate investor.

Arizona hard money basically a private, short term loan secured by a hard asset. Asset based and short term, words like that don’t exactly make you want to jump out of your chair do they?

Well the fact that Arizona hard money is both, asset based and short term has some exciting implications-especially for certain types of borrowers.

Because Arizona hard money loans are asset based, they can be the real deal for borrowers with bad credit or those who need fast funding.

The fact that Arizona hard money is asset based means qualifying is easy and so is the application process.

First, unlike other lenders, Arizona hard money providers don’t need to spend months scrutinizing financial documents. A quick appraisal is usually all thats needed to close a deal. If other investors are scrambling to secure a lucrative property Arizona hard money can give you the funds you need to make a full cash offer before your competition does.

Second because Arizona hard money is asset based its the quality of the property your purchasing that counts, not your credit score. If your finances are in the doldrums, Arizona hard money providers can still help you if you a solid real-estate investment in mind.

So if your credit score is in the pits, or if you can’t wait on the bank application process, you can use the asset based nature of Arizona hard money to your advantage. However, given the short term nature of Arizona hard money, it should be used strategically.

Use these tactics to use Arizona hard money loans especially if you need cash fast or have poor credit

Arizona hard money is supposed to be paid off quickly, and when it comes to paying off Arizona hard money deals, theres basically two r’s so to speak, to resell or to refinance.

• Reselling with Arizona hard money can help you if you have credit issues- If you need a lot of cash to pay off some old debts, sprucing up a distressed property and reselling it for a profit is a great way to go about it. In this case a quick and profitable resale of a distressed property will pay off your initial Arizona hard money deal and help you clear up a boat load of bad debt.

• Refinancing on lucrative properties- If theres a property with great long term potential you might think because its a short term loan, Arizona hard money isn’t exactly a good idea. However, in this case you’d use Arizona hard money financing and make a full cash offer before your competition can. After buying the property you’d simply apply for a long term mortgage, using the proceeds from refinancing to pay off your Arizona hard money provider.

So the based on a hard asset thing we mentioned earlier is actually pretty exciting. Because Arizona hard money is secured by an asset, investors with credit issues or who need quick cash can truly benefit in these types of deals. Nevertheless its important to have a plan to resell, or refinance, before going into a Arizona hard money deal.

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:  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.

© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

Top 3 Ways NOT to Spend Your Arizona Rehab Loan

In today’s market, fix-and-flip ROI really comes down to smart fiscal management of the overall project and the types of repairs you spend your Arizona Rehab Loan on. Learn which repairs are losers to avoid pouring money into them.

1. Sunrooms, Four Seasons Rooms & Patios: Particularly in warmer climates seen across the sun belt, it would seem like ways to increase outdoor living space would be a great investment. While it’s true that people generally love outdoor living spaces, they’re not willing to pay more for them. Research presented by Moneywise shows you’re only going to get 48-49% of the money you spend on one back when you sell the property. While curb appeal is still essential, creating it doesn’t need to involve costly renovations.

2. High-End Bathrooms: Generally speaking, bathrooms are a great way to invest a Arizona Rehab Loan. Buyers prioritize bathrooms and kitchens. They’re looking for things like newer fixtures and updated designs. The problem is, many rehabbers overdo it and create spaces that are too lavish for the home and area, and in doing so, only get about 56% of of their money back at sale. Chances are, you can forego things like whirlpool tubs now too. Although these were once the mark of quality on a home, buyers have come to realize they just don’t use them and it’s an extra space for them to clean. If you’ve got a choice between going with a large upgraded tub or a shower, it may be better to focus on the shower, but again, don’t overdo it so much that the upgrades are too “rich” for the property and neighborhood.

3. Lavish Entries: Again, curb appeal is important, and so many rehabbers will spend a fair amount of the budget on creating an entryway that makes people pause and want to check out the house. There are a couple of problems with this though. First, it sets the expectations for the rest of the house. If the entry is the high point, viewing the rest of the home is anticlimactic and sends people away disappointed. Secondly, although the additional curb appeal can create excitement, it doesn’t usually translate into higher bids. You might get about 68% of what you spent back. It’s generally better to focus on quality materials and a proper install, but not high-end upgrades.

Learn How to Make Money by Touring Other Homes in the Area

One trick of the trade is to visit lots of other homes in the area that are up for sale. You may be able to get a feel for them by using real estate websites, but it’s not quite the same as viewing properties in person. Make note of the materials and types of upgrades you see, so you can keep your renovations on par with neighborhood expectations and costs, thus maximizing your rehab loan and not spending money where it won’t help.

Get the advice of a home inspector or appraiser, especially on your first few projects.

You may be adept at assessing the ROI of individual projects, but can you spot signs of water damage, mold, or shoddy prior work? These things are routinely caught in inspections, and buyers will want them repaired prior to closing. If you haven’t addressed them as part of the renovations, they’ll eat away at what’s left of your Arizona Rehab Loan and may tank your overall returns. Always work with an expert until you have enough experience to spot these issues early in the game.



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

Top 4 Things You Didn’t Know About Arizona Private Money Lenders



Unless you’re in the industry or personally know some Arizona private money lenders, it’s hard to know what they’re really like. They’re actually just like people you meet every day, but they’ve built up wealth and like to lend their personal money out.

1. They usually fund projects they have expertise in. It’s only natural that private money lenders in Arizona, would gravitate back to the areas they know well. For example, those who have personally done fix-and-flips or rentals will often fund those deals for others once they’ve accumulated wealth. The logic behind this is simple: because they know the industry, they can assess the risk of lending on any given project fairly easily.

2. They’ve been where you are. More often than not, they funded their initial projects with hard money and had great experiences with it. It’s quite common for someone who’s really adept within a certain niche to build up their wealth and then turn around and lend to people doing what they once did.

3. They’re living the dream. Most don’t live wild lives, but by the time they’re ready to invest in the projects of others, they’re usually living pretty comfortable lives and spending their days doing what they enjoy instead of the daily grind.

4. They prefer working with brokers. Scoping out deals, examining the details, and overseeing all the paperwork is a ton of work. Many investors don’t want to bother with it or it’s outside the scope of their expertise. Life is easier for them when they have brokers find their deals and get things hammered out for them, and so you’ll often have more luck getting a loan from one if you connect with a broker first.

They Want You to Be Successful

Many people wonder what motivates private money lenders in Arizona to offer up their own cash. The short version is, they want you to generate more cash with it. They’ve likely already done the job you’re doing now and have accumulated enough wealth to be able to lend it out, which frankly, is a whole lot easier than being in the trenches of a rehab project or new build. They’re excited to see you grow and, at the same time, your success is theirs too. If you run a successful project, they want to be first in line to fund your next one too. It’s a win-win situation.

They’ve got cash in hand and are eager to lend.

Most private money lenders in Arizona continue reinvesting their money. Oftentimes, they’re already looking for a new deal to fund before their last one is totally paid back. It’s the nature of the business—they can’t continue to grow if their money is just sitting around, so if their money isn’t actively being used, it’s burning a hole in their pocket and making them uncomfortable. Now that we’ve recovered from the recession, investors are hungrily looking for the next deal they can fund, so if you’ve got a solid business plan in mind, it’s the ideal time to bring it to life with their help.



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

Why It’s So Hard to Get Arizona mobile home loans (& What You Can Do About It)

If you’ve had a look around for Arizona mobile home loans, you’ve probably come to realize that the options are incredibly narrow and the terms are often confusing. There’s an easy way to get qualified if you know where to look though.

The trouble with Arizona mobile home loans starts with the very definition of the phrase. A “mobile home” is often considered the same thing as a trailer house, manufactured house, or even a modular house, but these are really distinct things.

In modern times, people sometimes put up modular houses. These are fabricated in pieces at a production plant or facility and then carried to a building site as-is. Once there, a traditional foundation is usually poured and the house goes up. It is permanent and some are done so well you can’t tell at a glance that the building wasn’t constructed where it stands. However, because it isn’t built on site, many erroneously refer to it as a manufactured house.

Manufactured houses are different because they’re constructed at a facility or plant, but are brought to the property in just one or two pieces. The phrase, “trailer house” has a certain connotation, so it gets used less often, though it is accurate. They’ve earned the name because they’re transported on trailers, but many people take this to mean they can be picked up and moved at any point as well. Generally speaking, that’s not true. Most are affixed to the land they sit on.

This brings us to mobile homes, which is actually an outdated term. Technically speaking, it refers to a manufactured variety built prior to the Federal Manufactured Home Construction and Safety Standard Act of 1976. The federal law increased standards significantly across a broad range of areas, such as fire resistance, strength, and energy efficiency.

Manufactured Homes are the Real Deal, But It’s Still Hard to Get Financing

Once you get past the terms, manufactured or Arizona mobile home loans are still hard to come by. Some still think they can be picked up and moved at a moment’s notice, while others are hooked on the quality of models built prior to 1976. There are also depreciation concerns. Whereas traditional houses that are well taken care of will rise in value, the manufactured variety tends to lose value over time.

You need to learn the differences in lending terms too.

More often than not, Arizona mobile home loans are not referred to by that name at all. Instead, people get “chattel mortgages,” with “chattel” referencing a piece of personal property rather than real estate. Historically, these have much higher rates than traditional mortgages though. As an alternative, many Arizona hard money lenders are now offering financing for manufactured homes as well. This may be more ideal for those who wish to purchase one for commercial use, be it to start a business or as part of a real estate venture, like fix-and-flips or for use as a rental.





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