Dennis Dahlberg - It Can't Get Better Than This!: texas hard money

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Wednesday, March 28, 2018

How You Can Solve Your Commercial Loan Woes with the Help of Hard Money Lenders

If you can get a loan, you can catapult your business into the next echelon, so why not shoot for the stars? When you are having trouble getting your commercial loan approved, it might be time to seek the assistance of hard money lenders to get you the cash you need.

Whether you are a first time investor looking at purchasing a property or a new business owner that needs cash fast to get your business off the ground, commercial loans can be a godsend. However, sometimes as a first time borrower, traditional lenders might be a little skeptical of loaning funds. That’s when hard money lenders come in handy. Just when you think you might not be able to get a loan at all, you’ll see that they can help you make your business and investment dreams come true.

Just as with any loan situation, there will be challenges that arise along the road. You will need to be prepared to handle any situation by working closely with your hard money lenders to find a win-win solution. Sometimes it's a matter of finding the right lender for the type of investment or business you have. Sometimes it’s a document or statement you’ll need to provide. Be flexible and patient, while the process can at times be frustrating, it’s important to have a lender you can trust to guide you through it all.

For investors and new business owners looking to purchase property, there are many types that these lenders specialize in like foreclosure properties, “fix and flips”, short sales, construction loans and land loans. These loans are also beneficial for business relocation that needs to happen fast as well as for borrowers that do not have the best credit score or history.

These lenders are very different than conventional bank lenders.

It’s important to know that dealing with conventional lenders are a totally different story – their application process is very detailed and often quite lengthy. There is a lot of bureaucracy and “red tape” that can be avoided with hard money lenders. If you’ve applied for this type of loan in the past, you know the road can be long and arduous. Luckily, that’s not the case with non-traditional lenders and alternative lenders offer many benefits – including an easier application process and quicker turn around time.

It starts with the right lender.

The lender is just as important as the loan itself. It becomes something of a partnership, so finding a lender you can rely on is very important. You will want to ensure they can guide you through the process but also won’t take advantage of you either. Ask around to see if business associates or friends can refer a great lender they’ve worked with in the past. Look for a local lender and don’t be shy about meeting with them and asking questions prior to agreeing to move forward. Once you find the right lender, the road to getting your loan will be much smoother!

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Sunday, March 25, 2018

Can you make money by investing in hard money loans?

Consider using a deed of trust investment. A deed of trust investment allows you to earn steady returns and interest payments on the loans distributed by hard money lenders.

Deeds of trust may be an unfamiliar concept for many first-time real estate investors. A deed of trust is a promissory note in which a borrower promises to pay back the lender (i.e., you the investor). Your investment goes to the borrower in the form of a loan, and the borrower's property acts as collateral in case of default. You earn both the interest payments and any portion of the principle the borrower manages to pay off throughout the term of the loan. Because a real property secures them, deeds trust are relatively safe and can offer steady returns to novice real estate investors.

Investing in a deed of trust is also a great way to diversify your portfolio. A deed of trust investment allows you to act as a passive owner and earn income from a property without owning it outright. You also save money because you will not need to purchase the entire property upfront and you avoid the hassle of maintaining the property yourself. Deeds of trust can also offer higher returns over an ordinary saving or an investment account.

Use a hard money lender to get the help you need when it comes to investing in deeds of trust

Trust deed investment companies (TDIC's) connect investors with deeds of trust and usually known as "hard money" lenders. The loans issued by these groups are secured by the value of the "hard" asset which the borrower wants to finance. Often TDIC's use deed of trust investments as a way to raise capital for the loans they issue to prospective borrowers.

Some may consider merely acting as private lenders on their own behalf. If you have the money and you want to earn interest, you could always lend the money yourself.

Working with a TDIC allows you to benefit from their knowledge and experience when it comes to the real estate market and the rules and regulations related to lending. The lender can underwrite the loan, take care of legal obstacles, perform the necessary due diligence and in some cases service the mortgage directly.

Level 4 Funding is an Arizona based hard money lender and can guide you through the process of investing in deeds of trust

Level 4 funding will perform the necessary due diligence on any deed of trust investment, ensuring any mortgage you invest in is of the highest quality. Level 4 funding differs from other TDIC's. Because Level 4 has already issued any mortgage you invest in whereas competitors may need your investment to fully finance their loans. With Level 4 Funding you have added the safety of knowing that any loan invest in already has a steady payment history.

To qualify you will need to make a minimum investment of 50,000 dollars, and your investment cannot exceed 10 percent of your total net worth or annual income. For more information about a deed of trust investment at Level 4 funding click here.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Tuesday, March 20, 2018

Criteria for Selecting Commercial Lenders

Evaluating commercial lenders can be a difficult task. But preparing a list of criteria to use for selecting the best lender to meet your needs can be a great time saver.

As a business professional, both your time and your money hold a great deal of value. So it is important to find a lender who will meet all of your needs. Ideally, you will be able to evaluate enough commercial lenders to select a few to forge long term relationships with to ensure continued financial prosperity. The process will undoubtedly take some time but the long term benefit will be a good working relationship with a primary lender as well as other secondary reputable lenders.

Commercial lenders are all about money. You would not be seeking a commercial lender if you did not need money. But you should look at these relationships as you would any other vendor who is supplying a good or service to your business. You need to compare the merits or the service each lender is willing to provide to you. This means what type of fee structure are they offering, what is the interest rate and how quickly can they deliver on their product; your loan funding.

You will also want to evaluate the core qualities of the lenders existing clients. Do they cater to a certain industry or type of loan? Do they have a specific loan size that they tend to service? Are they familiar with your business and the type of loan that you are looking for? All of this information will help you to determine the level of responsiveness and the quality of the service that you will receive if you do business with the lender. Customer service might not jump out as an important factor when securing the loan but if you ever have an issue or want to restructure your loan, then customer service could be one of the most important features the lender offers. Think long term for customer service and product lines available. Meeting your long term needs with a single lender will save you a great deal of time in the long run.

Comfort and Compatibility

Think of your lender as a strategic partner. You will need to discuss confidential financial information as well as other proprietary information about your business. It is important that you are working with a lender with whom you have a certain comfort level. The more honest and up front you can be with your lender the more benefits they can provide to you.

Invest Time to Evaluate for Long Term Success

Creating a list of criteria to evaluate commercial lenders will require an investment of your time today. But the benefits will continue to reward you each time you complete a new loan from your lender or seek advice. Carefully consider the fees and interest rates associated with the different lenders, but also recognize the added value that customer service and fast response time can add to your relationship. Knowing that you have a lender who will meet all of your needs for the long term is worth the time involved in a careful selection process.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Process for Obtaining Commercial Loans

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

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

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

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

Select Lenders Who Best Meet Your Needs

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

Make a Great First Impression

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

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Tuesday, January 19, 2016

How to Make Money With Texas Hard Money Lenders

The key to being successful in real estate investing is to find the right Texas hard money lenders to back your purchases. Without a lender, most investors don't have sufficient cash to purchase, renovate, and sell properties and therefore won't ever get their real estate career off the ground.

Unless you are independently wealthy or have family who is, you most likely don't have the cash collateral necessary to make money by investing in real estate. Sure you could probably finance one property but it is unlikely that you would be able to get a cash loan to get a good deal or make an auction purchase. In addition, you won't be able to borrow more than the mortgage amount to use to fix up the home.

So, you may think, that unless you are a millionaire, it is impossible for you to make money in real estate. This is simply not the case. Using a less commonly known type of financing called hard money loans from Texas hard money lenders, you can break into the real estate game.

How to Make Money With Hard Money Loans from Texas Hard Money Lenders

Once you have decided to stop let finances hold you back from making big bucks with real estate investing, it is time to do a little research to find Texas hard money lenders. Hard money lenders specialize in asset based loans called hard money loans. Hard money loans are backed by the property you are purchasing and are cash loans. This makes them ideal for foreclosure and auction properties. You can also use a cash offer to get a better deal on many properties. If you can talk the asking price down, you may even have enough left over to put towards some renovations.

Once you have obtained your hard money loan, you use it to purchase a real estate investment. Whether you choose a fix and flip, short term rental (think a home in a city that is getting a big sporting event or other event that will attract short term vacation rentals), or another real estate investment. Once you sell the investment, you use the money to pay back your Texas hard money lenders. Any amount above and beyond your loan value, is your profit to keep.

There are several benefits to hard money loans. First and foremost, they are not based on your credit score or finances. Secondly, hard money loans are very flexible in their terms. You can often get extensions if you need to and there are even interest only payment options. Finally, hard money loans allow you to cross collateralize to borrow more money if you run into unexpected expenses.

Once you have decided that hard money loans are the right option for you, find Texas hard money lenders to lend a helping hand and make your dreams come true!

A hard money lender can help you get started on the hard money loan process. Your lender can also point you in the direction of other real estate professionals that can help you on your investment journey. Don't put off getting a loan any longer. Make your dreams of becoming a real estate mogul come true today!

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
dennis@level4funding.com
www.Level4Funding.com

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

Top 3 Fix and Flip Projects According to Texas Hard Money Lenders

If you are a real estate investor, you know that Texas hard money lenders are a great resources for your hard money loan to purchase and rehab a fix and flip property. In addition to providing hard money loans, Texas hard money lenders also know a thing or two about property renovations.

For many first-time flippers, the process of renovating a home can be overwhelming. If you find yourself not knowing where to start, it can be easy to over-improve a home. While this many not sound like a big deal, it is. If you over spend on renovations, you run the risk of putting more money into the home than you will be able to get when you sell it.

If you are unsure what renovations will help you make money and which to skip, you need to consult the experts. Texas hard money lenders have given a lot of hard money loans on fix and flip houses and seen many success stories, as well as failures. As a result, they know where you should splurge and what projects you may want to skip.

Top 3 Projects That Will Earn Top Dollar, According to Texas Hard Money Lenders

Based on their experience with fix and flip investment projects, here are the top three money making renovations, according to top Texas hard money lenders:

1. Flooring: If you purchase a fix and flip property, chances are that the floors will be in bad shape. Stained carpet, burned or scratched hardwoods, or even carpet that has been completely removed and sold as scrap. Buyers do not want to purchase a home with tattered, worn, or missing flooring. Durable laminate and higher end carpet are great options that are budget friendly. If the home is in a particularly prestigious neighborhood, you may want to look into springing for hardwood or tile.

2. Kitchens. A kitchen will really help sell your home. If the kitchen is dated, spruce it up with new paint, appliances and counter tops. You can look into quartz options to help save money.

3. Major structural issues. If you purchase a home and find that it needs a new roof or has foundation issues, these will make it impossible to sell. Make sure that you budget for any major issues that may come up during your renovation. Texas hard money lenders know that structural improvements are a must if you want your home to sell for top dollar.

Once you have decided to purchase your fist fix and flip, make sure to find Texas hard money lenders that will lend a helping hand.

Call the experts at Level 4 Funding to get your renovation project started and make money today!

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
dennis@level4funding.com
www.Level4Funding.com

111 Congress Ave |Austin | Texas | 78701

Dennis has been married to his wonderful wife for 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

Tuesday, November 24, 2015

With Hard Money Lenders, Texas Investors Can Get the Money They Need

If you are a real estate investor, you have probably noticed that many banks are tightening their restrictions on who they will loan money to. This can be frustrating and affect you ability to make money, However, with hard money lenders, Texas real estate investors can still get the money they need, and usually get it pretty quickly.

The housing market is recovering as are most American families from the recent economic hardships that faced our country. However, it seems that no one has informed the banks. With tightened lending restrictions, more stringent credit requirements, and even less room for qualifications for candidates with alternative income sources, about 43% of Americans will find themselves unable to obtain a traditional bank mortgage. For the average family this is upsetting, for an investor it can be devastating as real estate loans can represent a major portion of their income.

But, for some investors there is still home. With hard money lenders, Texas investors can still get the money they need and they can usually get it pretty quickly. Like any loan or investment product there is still some risk involved and it is important that before they get involved with hard money lenders, Texas real estate investors know what kinds of loans they offer, interest rates, and what the risks are.

Types of Loans From Hard Money Lenders Texas Investors Can Take Advantage of

Hard money lenders are private investors or mortgage companies and they offer primarily what are called hard money loans. A hard money loan is a specialized type of asset based loan. The decision on whether to loan money is based on the merit of how the money will be used, not the individual credit score of the person who needs it, or any other personal financial details.

Qualification time for a hard money loan is fast, some investors can be qualified the same day and get their money in a few days, compared to several weeks with a bank. Also, another advantage of hard money lenders Texas investors appreciate is the streamlining of paperwork. There is much less paperwork with hard money loans which makes them more user friendly for investors who may get multiple loans at a time.

If hard money lenders Texas sound like a good option for you, learn more, including ways to risk less and profit more!

One of the main risks of a hard money loan is that the investment will fail. If you are a Texas real estate investor, knowing your area and having accurate appraisals can make this less likely. You will also pay higher interest rates on hard money loans. You can make this less of a financial burden by finishing your investment quickly and selling for a profit, or refinancing to a lower interest rate loan type.

While there are risks, many investors have found that hard money loans are just what they need to stay afloat in this restrictive loan environment. Find a hard money lender today to discuss the pros and cons for your unique situation.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
dennis@level4funding.com
www.Level4Funding.com

111 Congress Ave |Austin | Texas | 78701

Dennis has been married to his wonderful wife for 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

Wednesday, November 18, 2015

Level 4 Funding is THE Hard Money Lender Texas Investors NEED!

When it comes to a hard money lender Texas real estate investors need to know Level 4 Funding. We specialize in alternative funding for investors including Texas hard money loans and other investment strategies. We can help make your dreams come true today!

If you are looking for a hard money lender Texas investors know and trust, look no further than Level 4 Funding. Here are the top 5 reasons that you need to look into Texas hard money loans with Level 4 Funding if you are a real estate investor in the loan star state.

1. We specialize in alternative funding sources like hard money loans. As a hard money lender Texas investors can count on, our brokers are up to date on all the laws and regulations regarding hard money loans. We can answer all of your questions and explain terms and financing to you in plain English so that you know exactly what you are getting into.

2. We are happy to work for first time investors, seasoned real estate moguls, and everyone in between. Regardless of how experienced you are, we can work for you as your hard money lender Texas investors trust!

3. We have a lot of experience with Texas hard money loans. A lot. And we love to share our knowledge and expertise with you. We also have experience with the Texas real estate market and can help point you in the direction of the best investment for you.

4. We can help you cross-collateralize your loan. if you find that our LTV ratio is not high enough for your needs, we can help you look at other assets and find the money you need.

5. We work with you, not against you. Our goal is to help you make money so we all make money. It is a win-win scenario and we are happy to be on the journey next to you!

When you are ready to get started with Texas hard money loans, call us to get the ball rolling!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
dennis@level4funding.com
www.Level4Funding.com

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

Dennis Dahlberg - It Can't Get Better Than This!

Wednesday, March 28, 2018

How You Can Solve Your Commercial Loan Woes with the Help of Hard Money Lenders

Sunday, March 25, 2018

Can you make money by investing in hard money loans?

Consider using a deed of trust investment. A deed of trust investment allows you to earn steady returns and interest payments on the loans distributed by hard money lenders.

Tuesday, March 20, 2018

Criteria for Selecting Commercial Lenders

Evaluating commercial lenders can be a difficult task. But preparing a list of criteria to use for selecting the best lender to meet your needs can be a great time saver.

Comfort and Compatibility

Invest Time to Evaluate for Long Term Success

Process for Obtaining Commercial Loans

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

Select Lenders Who Best Meet Your Needs

Make a Great First Impression

Tuesday, January 19, 2016

How to Make Money With Texas Hard Money Lenders

How to Make Money With Hard Money Loans from Texas Hard Money Lenders

Once you have decided that hard money loans are the right option for you, find Texas hard money lenders to lend a helping hand and make your dreams come true!

Top 3 Fix and Flip Projects According to Texas Hard Money Lenders

Top 3 Projects That Will Earn Top Dollar, According to Texas Hard Money Lenders

Once you have decided to purchase your fist fix and flip, make sure to find Texas hard money lenders that will lend a helping hand.

Tuesday, November 24, 2015

With Hard Money Lenders, Texas Investors Can Get the Money They Need

Types of Loans From Hard Money Lenders Texas Investors Can Take Advantage of

If hard money lenders Texas sound like a good option for you, learn more, including ways to risk less and profit more!

Wednesday, November 18, 2015

Level 4 Funding is THE Hard Money Lender Texas Investors NEED!

Top 3 Hard Money Questions Answered by Texas Hard Money Lenders!

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