Tag Archives: hard money loans

How to Discover the Perfect Owner Occupied Hard Money Lenders


iStock_000004311792XSmallIf you are in desperate need of a loan, turning to Arizona Owner occupied hard money lenders may be the best solution for you. Choose the best lender for your needs and learn more about how using Arizona Owner occupied hard money lenders can help your business grow.

If you are searching for a loan and are hoping to get one quickly for your business or company, a hard money loan might be the perfect solution. Arizona hard money loans deal directly with loan financing based on assets. This takes the form of property. Arizona Owner occupied hard money lenders deal with property that currently has existing inhabitants instead of property that is vacant. Since this more of a complicated process, it is important to find the best lender possible for your needs and the needs of your business or company.

Finding the right owner occupied hard money loan or private money lender can be easy when you follow these helpful tips:

  • Know your financial limitations. In most cases, Arizona hard money loans can be the perfect solution if you suffer from poor credit or have a low credit score. The majority of private money lenders pay more attention to the present deal that is available rather than worrying about your past credit history. Start with smaller Arizona hard money loans before working your way up to a larger-sized loan or more risky opportunities.

  • A private money lender is different than a typical loan officer. A traditional loan officer that works at a bank must look at factors like credit and other details in order to determine if a person is eligible for a loan. In contrast, private money lenders can create much more personal relationships and agreement with the individuals they lend assets to. Building a relationship with a hard money lender is a process that takes time. Finding the perfect lender will be worth it in the long run and can help you grow your business substantially.

  • Expand your network. Private lending opportunities will be best found if you have an expansive network of people to reach out to. Reach out to more lenders and actively search for the best lenders available in your area.

How Do I Know if I Found the Right Hard Money Lender?

Arizona hard money loans can be a great way to expand your business and achieve your goals. Choosing the right lender to help you achieve these goals is also an important part of deciding on the best hard money loan situation for your needs.

Owner occupied Arizona hard money loans are a complicated endeavor, so it is important to find the perfect lender to guide you through the process.

Only certain banks and lenders will be Arizona owner occupied hard money lenders. Help your business to grow by choosing an appropriate lender for your needs. Becoming a certified lender of hard money requires numerous requirements and various means of verification. It is important that you follow the legality of a hard money loan and choose a lender that will help guide you through the process appropriately.

Dennis-Dahlberg-Mortgage-Broker32222[2][2][2]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

Evaluating your options when it comes to Arizona Investment Property Financing


male-frustrated-with-exclamation-pointsIf you are just dipping your toes in the water when it comes to investing in real estate, you may be overwhelmed by the multitude of Arizona Investment Property financing options available.

The first option you might consider if you want to invest in real-estate is a conventional investment mortgage. An investment mortgage, is the same thing as a regular mortgage expect that it is used to purchase investment properties.

While an investment mortgage offers the lowest rates, the underwriting process takes a long time. In the worst case scenario, the sale of the property you were considering might go through, as you wait on your conventional lender to review reams of financial documents. So, if a conventional investment mortgage is the only financing option you consider, you could miss out on the best deals.

While conventional financing offers the lowest interest rates, these lenders have exceptionally high standards which many new investors may not be able to meet. The main issue comes down to credit, to get the best conventional investment mortgage possible your credit score should be over 700, the minimum is 620. So if your credit score is lower than 620, there is little to no chance you can qualify for an Arizona investment mortgage.

So if you can’t qualify for a conventional Arizona Investment Property financing, can you still finance the purchase of an Arizona Investment Property?

Some investors draw equity from their primary residence to finance the purchase of their first Arizona Investment Property,  while others secure loans from crowdfunding websites. Some investors may have friends or family members with deep pockets, who are willing to help and who can finance their first purchase.

Home equity lines of credit, crowdfunding, and personal loans are all options you could consider if you can’t qualify for a conventional investment mortgage. However, of course there are drawbacks to consider.

With home equity loans, you put your primary residence at risk if you default. With crowdfunding there are not guarantees your loan will ever be fully funded and borrowing from close friends and family can put a severe strain on your relationships if you run into financial difficulties.

If you can, you should consider hard money which can be an excellent Arizona Investment Property financing option

This type of lender uses the value of the property you aim to purchase as a means to secure the loan. For this reason, hard money providers can look past your financial situation and your personal credit score, making hard money an option if you can’t qualify for a conventional investment mortgage.

Unlike home equity loans, with hard money, there is often no need to pledge your primary residence as collateral. Most hard money providers have the funds on hand to fully finance your loan. So with hard money, unlike crowdfunding, there is no need to wait around for your loan to be fully financed. Unlike personal loans, you don’t risk your relationships with hard money.

While hard money is more expensive than other types of financing, it gives you options.

After you purchase your Arizona Investment Property, you can always refinance to a less expensive conventional loan after your financial situation improves.

So if your just getting started in real-estate investment and you can’t qualify elsewhere consider hard money as a potential financing option.

Dennis Dahlberg Mortgage Broker[3][2][2][2][2][2][2]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

Rental Property Loans: Things to consider when it comes to Conforming Mortgages.


4page_img1When it comes to rental property loans, conforming mortgages are the lowest cost financing option available. Learn about the basic providers of this type of financing, what they will expect from you as a borrower and whether or not this is the right financing option for you.

A “conforming mortgage” is essentially the same thing as a standard home loan. The main difference is that you the borrower use the loan to purchase an Arizona Investment Property instead of a primary residence. Because you are using the loan proceeds to buy an Arizona Investment Property, lenders charge more for this type of loan and expect more from you as a borrower. Simply put, you are going to pay your primary mortgage first and foremost before paying the mortgage on your Arizona Investment Property.

This added risk makes this type of loan a bit more expensive than a standard home loan.

When it comes to conforming mortgage providers, lenders fall into three broad categories, online, businesses investment lenders and traditional banks.

Online providers offer convenience when compared with the other two types of lenders because you don’t have to go to a physical location to apply.  With online lenders, you can complete the entire lending process from the comfort of your home. Business investment lenders are ideal for borrowers who are a, businesses and b, looking for greater flexibility. The other two types of mortgage providers don’t usually lend for commercial or multifamily purchases. A traditional brick and mortar bank is best if you are looking for a provider with insight into your local market. In addition, one-on-one meetings with your lender in this situation, give you the opportunity to build a relationship, which you could leverage to secure a better deal.

In the case of Rental Property Loans, and specifically conforming mortgages, your eligibility will come down to a specific set criteria.

No matter which type of mortgage provider you choose there are basic standards borrowers should know before approaching any investment lender.

Basically, you can’t have a credit score lower than 620. Don’t have your debts take up more than 25 percent of your regular income, this is known as Debt to Income Ratio. If your debt to income ratio, it exceeds the 25 percent standard, expect your application to run into difficulties. If your score is lower than 620, or if you have a lot of outstanding debt you are better off considering alternative forms of financing.

When it comes to rental property loans, a standard conforming mortgage may not always the right help for you.

There are many situations where a “conforming mortgage,” might not meet your needs.

Conforming mortgages,  conform to the standards set by Fannie  Mae and Freddie Mac. Therefore there are specific situations where no matter how great your credit is, you will not qualify for a conforming mortgage.

The property you aim to purchase may be in deplorable condition. No conforming mortgage lender will be able to approve a loan on a property that falls short of FHA guidelines.If the property you want to invest in is in shambles you should look into a  rehab loan first.

Another situation is where you have 4 or more outstanding mortgages, the more mortgages you have the great scrutiny a lender will have give to your credit profile until you essentially need perfect credit to qualify. If this is your case, look into a blanket mortgage.

However, conforming mortgages are perhaps the most comfortable option for those just getting into the rental business. Before looking into a conforming mortgage, consider which type of lender can meet your needs, know the basic standards of qualification and whether or not a conforming mortgage is really best type of financing for your specific situation.

 Dennis Dahlberg Mortgage Broker[3][2][2][2][2][2]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

Things to consider about Rental Property Loans


623183706If you are getting into the rental business, rental property loans, can be quite confusing. The following article will endeavor to clear up some confusion and attempt to answer the following questions: Where do you even start? What do you buy and who should you get advice from?

The first step before you even think about applying for an investment loan is to know your credit profile. Why? Because this will give you a sense of the amount of money you can qualify for and this amount will help guide your search for investment properties.

Review your credit score from all three major bureaus, Experian, Trans Union, Equifax, and do your best to dispute mistakes and clear up lingering debts. However, be wary, and consult with experts before you try to improve your credit score. Even the best-laid plans such as paying off old debts and closing old accounts might potentially have a negative impact on your score.

After you know your credit score and take steps to improve it as necessary you’ll want to get a sense of how much “house you can” actually afford. That is you want to approach potential lenders and get an estimate about how financing you can actually qualify for, which help narrow your search for investment properties.

In the case of rental property loans, you can increase your eligibility by knowing the numbers before hand.

After you find a property, you might want to purchase you need to have an in-depth sense of the costs associated with your investment.

First, consider the cost of carrying your loan, can you afford to make monthly payments while you wait to secure a tenant? If not you might want to think twice before taking on a new loan. Do you think the property will need repairs in order to make it ‘habitable,” if so you need to factor in the cost of repairs into the amount of financing you apply for, (i.e., You may need to borrow more money than you initially thought).

Above all ask the question, do you have enough cash on hand to make the 20 percent down payment needed for Arizona Investment Property loan? If not you might need to look at cheaper homes, or consider alternative steps to raise the necessary down payment.

Once you have a good sense of the numbers, you can start to take the following steps.

To increase your eligibility for rental properties loans, consider taking the following steps:

Your first job is to gather any relevant paperwork before beginning the application process. Typical documents needed include two months of bank statements, investment account or IRA statements, two months of pay stubs and other documents as requested by your lender.

Then you’ll want to consult some experts. An accountant can help you avoid paying additional taxes on any rental income you may earn. In addition, you should also consult an attorney who can discuss strategies to protect from legal liability. Do your best to get plugged with other local real estate investors in your area; this will give you a sense of the market, and where to find the best deals.

After gathering the necessary paperwork and consulting with experts  its time to get your loan pre-approved. It is always best to have your loan approved in writing before putting in an earnest offer; otherwise, sellers are prone to overlook your bid.

Once your offer is made, and your loan finally has closed, congrats you have just purchased your first rental property.

There are, of course, a lot of other things to consider but this article gives an underlying sense of the process involved with purchasing your first Arizona Investment Property.

 Dennis Dahlberg Mortgage Broker[3][2][2][2][2]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

The Differences between Unsecured vs.Secured Real Estate Lines of Credit


userThe main difference between unsecured and secured real estate lines of credit, comes down to how these loans are secured. Both loan types offer you a similar degree of flexibility and savings when compared to traditional financing. Evaluating the cost of both loan types can help you figure out which type of loan is right for your specific situation.

Your personal property provides security in the case secured lines of credit. Personal property can range from your primary residence to anything your business owns or some other form of collateral. With an unsecured line of credit, the loan isn’t secured by anything except for your lender’s estimation of your financial strength.

Now, why not just apply for a regular term mortgage to finance your next real-estate purchase?

With a term loan of any sort, a lump sum is given to you up front. No matter how much money you spend, you still need to make interest payments on the full loan amount. In addition, with term loans, you generally need to take a new loan out to finance each separate acquisition. A line of credit gives you far more flexibility. With a line of credit you only owe and pay interest on the amount you spend, and you don’t need to apply for a new loan with every new purchase of real-estate.

Both unsecured and secured real estate lines of credit offer flexibility and savings over standard term loans, but there are some differences in terms of costs.

A secured line of credit is taken out and is secured by some form of collateral, which offers your lender a degree of safety should you default. By mitigating risk, lenders can provide lower interest payments on secured lines and larger credit limits. Nevertheless, with a secured loan of any sort, credit line or term loan, your personal or businesses assets at risk.

With unsecured credit lines you the borrower don’t risk your personal property if you default.  However, lenders need to protect themselves in some way, and so unsecured lines offer lower credit limits and entail higher interest rates, Unsecured lines also come with far more stringent qualifications versus their secured counterparts.

With secured and unsecured real estate lines its important to evaluate the costs of each loan type. This can help you determine which type of loan is right for your specific situation.

A secured line of credit is an excellent idea if you are confident you can pay back whatever you spend, as you don’t want to lose your personal property in the course of expanding your business. Because secured lines offer lower interest payments and larger limits, it is probably best to employ a secured line of credit for making full offers on properties.

Unsecured lines may be more expensive, but they are an excellent way to reconcile differences between offers you want to make and the amount of cash you actually have on hand.  You should employ unsecured lines only when necessary due to the higher interest payments involved.

In both cases having access to a credit line allows you to quickly close deals on investment properties. With a credit line, you don’t need to wait on a lender to make a full offer, which can give you an edge over competing buyers who might need to wait on financing. In addition, credit lines can offer significant long-term savings over term loans because only pay back and pay interest on the amount that you spend.

As with any type of financing, consider the costs, the risks and the benefits of each type of credit line to figure out which one is right for your specific situation.

 Dennis Dahlberg Mortgage Broker[3][2][2][2]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

Benefits of Unsecured Real-Estate Lines of Credit


619408978Unsecured real-estate lines of credit can offer many benefits to those who can qualify. With an unsecured line you don’t risk your personal assets, and you save money over a standard loan. Above all with this type of loan you can close deals without having to wait on a lender, which can give you an edge over your competition.

Some refer to this type of loan as an acquisition line of credit. It allows you to acquire new investment properties without requiring you to pledge your personal or businesses property as collateral. Lenders secure this type of loan based on their perception of your strength as a borrower.

So qualifying for this type of loan will depend on your financial profile, be it your credit score, or the income you earn from your current investment properties. So if you can qualify for an unsecured line, it could be an excellent financing solution.

The main benefit of unsecured real-estate lines of credit is you can leverage your financial situation and strength as a borrower without putting your personal property at risk.

The main advantage of an unsecured line vs. a secured or equity line of credit is that your personal property is not used to secure the debt. Simply put, in the case of an unsecured line of credit, your lender cant repossesses your house should you default. Note that because this type of loan is unsecured, you need to be an exceptionally strong borrower to qualify.

However there are  fewer hassles with unsecured lines of credit, and the overall process can be a lot smoother.  Unsecured lines often come with little in the way of up-front fees, a sparse amount of documentation is needed, and no appraisal is necessary. 

With credit lines, you only spend what you need to and you pay back only what you spend. This aspect of credit lines is a significant advantage over a term loans, where you make interest payments on the full loan amount you borrow and pay back the entire loan amount.

After you qualify for an unsecured line of credit and your loan closes, you receive a lump sum which can then draw from whenever you need. You can make multiple offers on multiple properties using the same line of credit or use the funds to cover any other expenses.

Unsecured real-estate lines of credit offer you flexibility, you don’t have to go to a lender every time you want to acquire a new property

Above all, you can spend the proceeds of your credit line at your leisure, and on any property you wish to purchase. With this type of loan, you don’t need to apply for a new loan every time you want to make an offer on a property.  You don’t need to wait around for your lender to scrutinize the details of your purchase, and you can make a full offer right way.

So if you can qualify an unsecured line of credit could be a great financing solution, which can help you rapidly acquire new properties while at the same time protecting your businesses assets.


 Dennis Dahlberg Mortgage Broker[3][2]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 Investment Property Loans: Help for those who can’t qualify


FICO Score CardYou can still become a real-estate investor even if you are not rich, that is, if you can secure financing. Consider your options when it comes Arizona Investment Property loans. You still can get into the market even if you have poor credit, are self employed or if you currently find yourself a bit over-leveraged.

Your first and most obvious option is an Arizona Investment Property mortgage. This type of loan is the same thing as a regular mortgage, except that it is used to purchase an Arizona Investment Property. However, these loans come with very stringent borrower standards. Before applying for a conventional investment mortgage you should be able to meet the following criteria:

• Excellent credit: minimum score of 620 with the ideal range being between 700-800, if your current financial situation is less than ideal qualifying can be difficult if not impossible.

• A strong proof of income: In most cases lenders expect employment records going back two years which can be difficult if you are self- employed.

• An acceptable balance of debt and income: Don’t bother applying if your current debt payments exceed 36 percent of your current income. But you may want to invest in real estate as a way to get more income and pay down your current debts.

So if you don’t have excellent credit, have a steady income or if a lot of debt saddles you, what are your options?

If you have poor credit, are self-employed or have a few too many debts you may no be eligible in the case of standard Arizona Investment Property loans

You may be considering real estate investment as a viable option to help you with your current financial difficulties. Your present financial challenges will make it difficult if not impossible to qualify for a conventional investment loan. You may not have the steadiest income, but you may have substantial savings on hand. Still, because of this lack of steady income, you probably won’t qualify for a conventional loan. You may also be over-leveraged in terms of your primary mortgage or any other debts that you may owe. Again, a conventional lender will likely deny your application if this is your case.

Even though you may not qualify for a conventional investment mortgage, you still have financing options.

When it comes to Arizona Investment Property loans hard money might be the right help for you if you cant qualify for a conventional loan.

A hard money provider considers above all the tangible value of your Arizona Investment Property instead of your current financial situation. Even if your credit is less than ideal, you can still qualify in the case of hard money.

Any documentation a hard money provider will look at will be related to the property you aim to purchase, so in most cases, proof of income is not needed.

Even if you are over-leveraged, a hard money provider will consider the potential of the property you aim to purchase, rather than your current balance of debt and income.

So hard money gives options to those with less than perfect credit, those who are self-employed or for those whose outstanding debts make it difficult to qualify for a conventional investment mortgage.

A traditional investment mortgage should be the first type of financing you consider. But if you find yourself unable to qualify, hard money can allow you to get into the real-estate investment business.



 Dennis Dahlberg Mortgage Broker[3]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 Quit Your Day Job with Arizona Hard Money Lenders

In case you are completed with the each day grind of a 9 to 5, actual property investing could also be simply what you want to make full-time earnings by yourself phrases. With Arizona hard money lenders, you will get the financing you want to make house flipping a worthwhile enterprise. 



If you happen to dream of being your personal boss and getting out of the rat race, Arizona hard money lenders could also be simply what you want. Utilizing hard money loans, Arizona buyers can buy actual property to repair up and promote for a revenue. With a number of good investments, elbow grease, and the correct lending crew in your aspect, you’ll be able to quickly make a full-time earnings by rehabbing and promoting dilapidated properties.

So as to buy your first repair and flip, you want to safe financing. A method that many buyers use is hard money loans from Arizona hard money lenders. A hard money loan is an asset based mostly loan that’s decided by the potential worth of the property you’re buying. This can be a nice choice for you in case you have credit score issues, have a excessive debt to earnings ratio, or are buying a property that requires fast approval or a money sale.

Pitfalls of Hard Money Loans and How Arizona Hard Money Lenders Can Assist You Keep away from Them

Whereas hard money loans could be a nice financing choice, there are some potential pitfalls that you simply want to concentrate on. Firstly, Arizona hard money loans come with a better rate of interest than conventional financing choices. In case you are working with respected Arizona hard money lenders, you’ll be able to decrease this danger by getting a brief time period loan and dealing with them on curiosity solely or different compensation choices.
Secondly, by no means borrow greater than the property shall be value. You’ll be able to assist shield your self from the chance of shedding money by having an correct appraisal and dealing with an actual property agent who’s educated concerning the are you’re shopping for in in addition to the rehabbing course of.

Upon getting determined to make the leap, contact Arizona hard money lenders to study all your financing choices.

Discovering the correct Arizona hard money lenders will help you begin the method of having the ability to be your personal boss and make a full time earnings by actual property flipping.

Dennis Dahlberg Dealer/RI/CEO/MLOStage 4 Funding LLC

Arizona Tel:  (623) 582-4444

Arizona Tel:      (512) 516-1177

dennis@SETABAY.COM

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

111 Congress Ave |Austin | Arizona | 78701




 
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In regards to the creator: Dennis has been working in the actual property trade in some capability for the final 40 years. He bought his first property when he was simply 18 years previous. He shortly discovered concerning the superb funding alternatives supplied by trust deed investing and hard money loans. His need to assist others make money in actual property investing led him to focus on different funding for actual property buyers who might have hassle getting a standard financial institution loan. Dennis is keen about different funding sources and sharing his data with others to assist make their goals come true.

Dennis has been married to his fantastic spouse for 38 years. They’ve 2 lovely daughters 4 superb grandchildren. Dennis has been an Arizona resident for the previous 32 years.

 

5 Ways to Know If Hard Money Lenders Arizona Are the Real Deal

If you’re a actual property investor or fascinated by getting began in actual property investing, you want to learn about hard money lenders Arizona. A Arizona hard money lender is a bunch of traders that put up capital to assist savvy actual property entrepreneurs like your self buy repair and flip properties and different actual property investments. Hard money lenders Arizona provide you with the capital to make your desires come true and also you pay them curiosity. It’s a win-win scenario as a result of they make money, and also you make money.

After you have determined that it’s time to begin significantly eager about hard money lenders Arizona on your subsequent venture, there are a pair stuff you want to bear in mind.

1. Once you borrow from hard money lenders Arizona, just remember to are working with a good group or funding agency. A mortgage broker or agency specializing in hard money loans must be your first cease.

2. Be sure to vet your Arizona hard money lender the similar means you’ll a mortgage broker or different funding agency. Come ready with questions. Be sure to know the phrases of your loan, together with size and rate of interest.

three. Have a sensible marketing strategy. Your hard money lenders Arizona are extra possible to take you significantly you probably have a property in thoughts in addition to a timeline for fixing it up, a finances, and a projected revenue.

4. Be Trustworthy. If you recognize the venture will take 6 months, inform your hard money lenders Arizona so. Do not say you may be accomplished in three.

5. Ask for an extension. If you will have a hard time ending the venture or sudden hurdles come up, do not be afraid to return to your Arizona hard money lender and ask for extra time. Most definitely it won’t be an issue.

And, most significantly, keep in mind that hard money loans Arizona are meant to be brief time period loans. Do not take one out when you will not find a way to promote or refinance the property as a result of you’ll find yourself paying loads of curiosity. However, when you full your venture on time, everybody will make money and go away the deal joyful.

Dennis Dahlberg Dealer/RI/CEO/MLO

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

Arizona Tel:      (512) 516-1177 

dennis@SETABAY.COM

www.SETABAY.COM

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

111 Congress Ave |Austin | Arizona | 78701




 
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About the creator: Dennis has been working in the actual property trade in some capability for the final 40 years. He bought his first property when he was simply 18 years previous. He shortly discovered about the superb funding alternatives offered by trust deed investing and hard money loans. His want to assist others make money in actual property investing led him to focus on different funding for actual property traders who could have bother getting a conventional financial institution loan. Dennis is obsessed with different funding sources and sharing his information with others to assist make their desires come true.

Dennis has been married to his great spouse for 38 years. They’ve 2 stunning daughters 4 superb grandchildren. Dennis has been an Arizona resident for the previous 32 years.

 

Buyer Beware! Ways to Risk Less and Gain More With Hard Money Lenders Arizona!

Hard money loans Arizona are private money loans funded by hard money lenders Arizona. The loans are given primarily to actual property buyers to buy properties they intend to use as a manner to make money. The lender makes curiosity and earns their principal again and the borrower makes a revenue on a sensible funding. There are much less rules and lots much less paperwork than conventional loans and you private funds do not matter practically as a lot as they’d on the financial institution. Sounds nice, proper? Effectively, hard money loans Arizona are a good way to make money and are a comparatively secure funding. However, any funding has some threat. Listed here are three methods to threat much less in your Arizona hard money loan.


  1. Select hard money lenders Arizona properly. Not all funding corporations or mortgage brokers are created equal. There are folks on the market who simply need to rip-off you out of curiosity. Search for a licensed broker or fairness agency to fund your funding. Make certain your loan officer is educated about various funding and particularly hard money loans Arizona.
  2. Ask numerous questions. Ask about rates of interest, loan to worth ratios, time frames, and every other issues that you’ll have. Your hard money lenders Arizona ought to give you the option to reply your whole questions intimately and provide the peace of thoughts you want to go ahead with the funding. Should you really feel uncertain, preserve asking or purchasing round for a brand new lender till you might be assured.
  3. Do your homework. Earlier than buying any property just remember to have a plan. Get the house inspected and appraised. Do not forget that location issues and strive not to overspend on repairs. Have a funds and timeline labored out earlier than you start your mission. Not solely will this just remember to make a sensible funding, however it can additionally impress your hard money lenders Arizona that you’ve got a strong sport plan in place. It will make it extra doubtless that you’ll get the hard money loans Arizona that you just want.
After getting your loan in place, there’s nonetheless one main threat with Arizona hard money loans. They’re addicting! After getting a style of fixing and flipping a property, there’s a enormous threat you will not give you the option to get sufficient and will preserve doing it. However relaxation assured whether or not your actual property funding is a one time factor, or a manner to make regular earnings, hard money lenders Arizona shall be there whenever you want them!

 

Dennis Dahlberg Dealer/RI/CEO/MLO

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

Arizona Tel:      (512) 516-1177 

dennis@SETABAY.COM

www.SETABAY.COM


NMLS 1057378 | AZMB 0923961 | MLO 1057378

23335 N 18th Drive Suite 120 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Arizona | 78701






 
 You TubeFace Book Active Rain
 Linked In

In regards to the writer: Dennis has been working in the true property business in some capability for the final 40 years. He bought his first property when he was simply 18 years previous. He shortly discovered in regards to the wonderful funding alternatives supplied by trust deed investing and hard money loans. His need to assist others make money in actual property investing led him to concentrate on various funding for actual property buyers who might have hassle getting a conventional financial institution loan. Dennis is enthusiastic about various funding sources and sharing his information with others to assist make their goals come true.

Dennis has been married to his fantastic spouse for 38 years. They’ve 2 stunning daughters 4 wonderful grandchildren. Dennis has been an Arizona resident for the previous 32 years.