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

Sunday, March 11, 2018

Alternative Ideas for Helping You Obtain Commercial Loans Through a Broker

Why should you seek an alternative lender for your *commercial loans**? There are many benefits to going this route — Level 4 Funding explains them here, so read on.*

You may think you’re alone if you’ve been rejected for a loan before or if you don’t have the requirements to seek a traditional loan. But there are lots of alternative ways to get approval for commercial loans. Even if you have a few bad marks on your credit history or not the highest credit score, or if it’s a matter to a tough economy making conservative banks tighten their wallets even more than usual, that doesn’t mean you aren’t destined to let a loan. Seeking other loans like short-term or hard money loan are good alternatives. If you talk to a broker about these options, they can help you get the best loan for your needs.

There are some differences between traditional long term commercial loans and short-term and hard money loans. First of all, these types of loans don’t typically require such a lengthy and strict application process, “red tape” and bureaucracy that often takes place with conventional lenders or banks, and longer term loans.

One of the most important things to keep in mind when seeking alternative loan options is that lenders that specialize in these look mostly at the probability that you will be able to pay back the terms of the loan back. However, it’s important to know that interest rates are typically higher with short term and hard money loans – this is because lenders are putting up a higher risk. The good news is that these loan applications often are much simpler and easier to get approved quickly than traditional loans, so you can get the money you need — and get it fast! However, high interest rates are worth it if it means taking your business to the next level. Even though you may have higher interest rates, getting this loan can make all the difference for the growth of your company and taking your company to the next level.

It’s important to meet with a broker to find out if a short term or hard money loan is right for you.

When you meet with them, be upfront about what you need and your business experience or history so that they can best help you get the commercial loans you need. Professional lenders and brokers can offer advice on how to prepare for the loan including what documentation you’ll need to submit. These will typically include your financial statements, credit report, business plan, bank statements (personal and business) and more.

Try not to get too stressed out about getting approval for your loan.

Yes, this is a high-stress situation; however letting your emotions get the best of you won’t help. Try to remember to take it one day at a time. There may be snags and setbacks, but keep your eye on the prize — getting your loan approved to help open or grow your business! There are lots of options so just keep in mind that if there is some rejection along the way, it doesn’t mean it’s the end of road for your business dreams. So find the one that’s right for you and you’ll be on your way to making your business dreams come true.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

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

Monday, February 19, 2018

Mortgage Loan Officer Originator Private Hard Money Lender Phoenix AZ $90,000-$120,000 per year.

Loan Originator / Loan Officer / Mortgage Loan Originator Make Money!
Level 4 Funding – Phoenix, AZ

Email your resume to dennis@level4funding.com today!

In House Leads - Fresh they are ready to go.

What Will You Earn?
Typically our Loan originators make from $90,000-$120,000 per year.

Benefits?
You are going to make a boat load of money.

Loan Originator Leads WERE #1 ON GOOGLE
• Sub Prime and PRIVATE FUNDING
• The highest commission possible make extra big money!
• Exceptionally good pricing
• All products: with dozens of wholesale relationships.
• Great customer service
• Remote access leading edge technology.
• Point Central Software
• Must be licensed Loan Originator in Arizona

NO COLD CALLING, NO CHASING REALTORS, NO NETWORKING

WHO WE ARE:
Level 4 Funding is an Arizona Mortgage Broker with numerous warehouse in place to fund almost any possible loan scenario. We even fund our own loans.
Our goal is to provide funding for any situation. When we talk to our customers we say YES WE CAN we find a solution that meets their needs.
Our stability and longevity allows us to offer competitive rates and administrative support that allows our loan officers to focus on originating new loans and make money.
We we'll give you all of the tools and resources you need to take your business to the next level. Located in Phoenix, Arizona; after years of business we've funded over millions in loans.

What We Do:
Private Lender/Broker.
Lend to Investors/Commercial/Borrowers
Easy Underwriting, and processing.
In house paperwork.

What Will You Make.......?
Typically our Loan originators make from $90,000-$120,000 per year.

Benefits?
None..you are going to make a boat load of money, If you want benefits go and work for Quicken.

What We Don't do:
We DO NOT DO FHA,VA, CONVENTIONAL or other BS Loans.
We don't call on real estate agents.

We usually close within 2-5 days.
Really, in most cases if you get a call on Monday its closing in title Wednesday/Thursday.

What we offer:
Marketing (We make the phone ring).
We spend massive amounts of money on all avenues of marketing to get people to call YOU.
Inbound pre-screened leads
Referral Generation System.
Rewarding Career -- looking for true professionals, not order takers
We are a Direct Lender and we kept the ability to Broker Specialty Programs
You won't miss an opportunity.
In-house UW, Docs, Fund.
Lowest rates in the market place with the ability to be competitive with your low cost lenders.
Highest paid comp plan in the industry for inbound call center agent
Licensed in multiple states
Looking to hire Loan Originators or an Entire team

Requirements:
Must be licensed under NMLS and Arizona
Knowledge of multiple loan products
Drive to become a Top Producer
Great communication skills and the ability to handle all our incoming leads -- not afraid to keep learning and work hard.
No Part time.
Funding as many loans as possible - as quickly as possible - with the least amount of hassle.
Stop procrastinating and contact us today!

What Will You Make?
Typically our Loan originators make from $90,000-$120,000 per year.

Submit your resume today and schedule a one-on-one consultation to discuss your new career.

Email your resume to dennis@level4funding.com today!

www.Level4Funding.com
AZMB 0923961

The Difference between Bank Commercial Loans and Private Hard Money Lenders

Hurricane Harvey is gearing up to be the second most costliest natural catastrophe to hit the United States. Investors and developers are already reaching out to commercial lending institutions in search of funding.

In addition to the immense devastation and human tragedy caused by Hurricane Harvey, its economic impact is expected to rank as the second most expensive natural disaster to occur in America. According to an article in the New York Times, Moody’s Analytics have estimated the damage to be in the $40 to $50 million ballpark. This is second only to Hurricane Katrina which killed almost 2,000 people and caused $130 billion in damage. Note: A recent article in USA Today raised the estimated cost of Hurricane Harvey to $190 billion. Commercial properties that have been flooded are estimated to cover approximately 455,000 square feet. Just as in 2005, rebuilding will accelerate once insurance checks are cut and federal aid is disbursed. And investors are already lining up to raise funds from commercial lending institutions for distressed properties.

Before Harvey hit, the building and construction segments were, as in other parts of Texas, booming in Houston. According to an article in Dallas News, “At midyear, more than 27,000 single-family homes were being built in the Houston area. And more than 23,000 apartments were under construction and scheduled to open this year.” Due to the increase in demand, construction firms and those they employed were already maxed out when Harvey hit. Now, in the wake of the devastation, other investors and contractors will be arriving to fill in the gaps. Just a few of the investment companies looking for commercial lending include Delshah Capital, Madison Realty Capital and Steven Witkoff, a New York developer.

The San Diego Union reported that more than 3,000 national and state guard troops were being deployed to assist with relief and recovery efforts. Water, food and shelter are the top priorities at this time. As the waters recede, there will undoubtedly be an influx of contractors, insurance adjusters and FEMA employees. Currently, there are more than 200 shelters housing more than 32,000 people who have been displaced due to the catastrophic nature of Harvey. Because of these two factors, multifamily units are expected to be in high demand.

Timing

At Level 4 Funding, our hearts and prayers go out to those affected by this national disaster. With an office in Dallas and clients in Houston, we are very close to those affected. We hope that investors and developers will show good taste and wait for the waters to recede and displaced residents to find housing before making their move. At the right time, these individuals and businesses will be a great asset to the recovery of this place in America that has shown its true colors of faith, humanity and neighbor helping neighbor in the midst of incredible challenges.

“Bad things do happen in the world, like war, natural disasters, disease. But out of those situations always arise stories of ordinary people doing extraordinary things.”—Daryn Kagan.

When the time is right, we are here to help those looking for immediate funds and commercial lending with which to rebuild this incredible area of our country.

mark-gowlovech-150x150 Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com

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 mortgages,commercial loans,commercial lender,commercial hard money lenders texas,commercial mortgage Texas,commercial loan Texas,commercial mortgage Arizona,commercial loan Arizona

Saturday, April 1, 2017

Real Estate Is Going Up…But Now What? Danger Ahead!

From the bottom of 2012 Real Estate values in the southwest have been on a steady increase, but will soon.........

San Francisco has recovered the most with an average total appreciation rate of 83% since 2012, however other areas have dramatically improved.

Will this trend of the past 5 years continue? What is lurking on the horizon that can kill the growth and drop us into despair?

My opinion is that the past ups and downs of values were a direct result of our government meddling in our affairs.

1. The crash was a result of our government making it easier for home owners to purchase loans with little concern for their ability to pay.

2. The drop or change in appreciation occurred December 2013 when the government ran out of money and started to argue about increasing the debt limit. (Merry Christmas, do you remember this?)

3. HARP refinance keept a lot of people from foreclosure, if they had equity and a job, but this program is going to end soon.

So what's the future?

Our government again is quickly running of money and the US Treasury will run dry and be empty and be out of money mid May 2017. Without an increase in the debt limit, we are broke and overdrawn on the checking account. Will Congress and our President come to an agreement to increase the debt limit once again? I Doubt it, based on the current feelings of House and Senate. Democrats hate President Trump, and secretly so do the Republican’s. Everyone is out to get Trump, and if House and Senate can stick a failing economy on the president door step everyone will love it (except for the US consumers).

Have you seen any significant legislation out of the House/Senate since Trump was elected? It seems that the only thing that Trump can do is write executive orders. Trumps number one promise to kill Obama Care failed and is never to be visited again. So what's next? An agreement on increasing the debt limit? Good luck on that happening.

What's really surprising is that no one is talking about this soon to be financial disaster. Not on the news, or anywhere. They are too concerned about someone visiting the White House or some other piddly event. The good news is that if we do run out of money, then Obama Care will fail and go away, which is what I think Trump was talking about when he said 'let it die on its own'. It will be around memorial weekend when the country is broke. Just in time to close all the national parks for the holiday weekend.

So if congress cannot come to an agreement to increase the debt limit the government cannot borrow more money, what are they going to do for money? Will they cut Entitlements, cut Social Security, cut Military Pay, Raise Taxes? If you believe this, you are living in a different reality. If there is no agreement to increase the debt limit; the only way to keep spending and not borrowing is to print more and more money. Which means inflation like we never seen before.

Happy senior business man making his notes at work Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

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: fix and flip loans,private hard money,than merrill

Friday, March 31, 2017

Funding For Flipping | Cheaper Than Hard Money | Flexibility of Cash Innovative Funding for Flippers Private Hard Money Lender

Funding For Flipping | Cheaper Than Hard Money | Flexibility of Cash Innovative funding for flippers Private Hard Money Lender

Funding for Flipping was for flippers just like you.

Is lack of Capital Preventing You from Effectively Marketing, Outsourcing, or Operating you Real Estate Investment Empire.

Just like you, we struggled to find a Private Hard Money Source of funding that was reliable, honest, understood the business and had pricing that was based in reality.
We developed this program after years of the Flipping Business. We know what it takes to find money for Flippers Like you. We have the experience and funds available to help you in your Fix & Flip deals.
After years of experience in flipping we have developed a reliable and reasonably priced funding Private Hard Money source for Fix and Flippers.

We o put together a program that is realistic for our industry, and we want to bring it to our fellow flippers.

Imagine Having $50K-$250K Cash

In Your Checking Account For Anything Your Business Needs F4F.com fundingforflippers.com fundingforflipping.com

Our Flipper Program

Loan Amounts: $50,000 - $3 million
Loan to Value (LTV): up to 90% of the purchase price, plus 100% of the construction funds.
Interest Rates: 8% to 18%*
Points: 1-4 points
Loan Position: 1st TD
Loan Term: 6 or 60 Months
Property Types: Residential, Condos, 2-4 Plex, PUDs
Loan Types: Non-owner occupied residental. Purchase, Refinance, Bridge Loan, Rehab, Business Loans

Our Commercial Program

Loan Amounts: $250,000 - $25 million
Loan to Value (LTV): up to 60% Loan Type: Acquisition, Refinance, and Cash-Out
Interest Rates: 7.9% to 14%*
Fees: 1 - 3 points
Loan Term: 3 - 260 months.
Property Types: Residential, Condos, 2-4 Plex, PUDs
Loan Types: Non-owner occupied residential, multifamily, retail, office, industrial, mixed use, vacant buildings, and entitled land

Technorati Tags: Funding For Flipping,Funding for Flippers,fundingforflipping.com,fundingforflippers.com,F4F.com

Tuesday, March 28, 2017

The 3 Ways to Fund Your Next Flip & Flip

The trouble facing most real estate investors who want to enter the fix and flip business is finding the money to purchase property. Short-term financing through fix and flip loans is available in a variety of forms, each with its own advantages.

Private-Money Fix and Flip Loans

Private money lenders usually takes the form of loans from family or friends. If you are able to offer a return on investment that is better than what these potential lenders can expect from low-risk investments such as interest from a money market account interest or certificates of deposit, they may be willing to lend money at a relatively low interest rate. These investors are willing to lend you money based on your established relationship and good reputation, meaning that there is more riding on the success of your flip than money alone. However, if you are able to take the money and flip a home at a profit to your investors and to yourself, you may be able to establish an inexpensive source of capital for future flips.

Hard Money Fix and Flip Loans

Hard Money Loans can be more expensive than private money loans, but they do have some great advantages. For one thing, hard-money lenders may allow the complete cost of renovation added to the loan, and many will write the loan based on the expected value of the house after it is rehabbed. Often this means that the loan amounts to more than the purchase price of the home, allowing the investor to build a budget for repairs in the loan. The primary disadvantage of these loans is their price, which after points and interest make them an expensive financing option. Additionally, many lenders want to see that you have invested some of your own money in the purchase because it reduces the likelihood that you will walk away from your money—and theirs—should something go wrong while fixing the home. Don’t forget, this is Hard Money Loans can be funded quickly and save a deal that has high potential.

Fix and Flip Loans Made Through Portfolio Lenders

Unlike most banks, which quickly sell the loans they make on the secondary market, portfolio lenders retain ownership of the loans they write. This gives them greater discretion when deciding whom they are willing to lend money. For this reason, establishing a good relationship with a portfolio lender can be of value to real estate investors who wish to hold several properties simultaneously. The rates portfolio lenders charge for using their money, while not as low as those from most private-money lenders, are typically much lower than what hard-money lenders demand. The down side will be the time required to underwrite the loan and these lenders generally require substantial documentation from the borrower.

Technorati Tags: fix and flip,hard money lenders texas

Monday, March 27, 2017

Top 6 Reasons to Purchase and Invest in Apartment Buildings

When people hear about the millions and billions of dollars investors make buying and selling properties, most of them think about duplexes and homes. A good number of people do not know much about buying apartment buildings.

The benefits of investing in apartments are out of this world. Investing in apartment buildings can be one of the best ideas even when the economy is going sideways. Even though there are advantages and disadvantages to every kind of investment, investing in apartments in not a bad idea. As part three of our apartment building blog posts, here are some of the top reasons to invest in apartment buildings.

1. Predictable source of income

The reason many investors prefer buying apartment buildings is because they provide a very steady source of income. When you choose properly, and in a good location and area, apartments will always provide cash flow every month. Most businesses come and go especially in office, retail and warehouse properties. But people are always looking for a place to live.

2. Apartments provide a more affordable housing option

When we get into all economics that explain why apartments provide a cheap housing option, there are so many things to talk about. For example, the difference between the amounts of paying rent and mortgage payments most consumers spend every month is called a gap. Now, if the average rent is $800 per month and the average mortgage is $1200. The gap is 400. When the gap increases, very few people can afford to buy a home. This means they will choose apartments to live in. If mortgages increases the gap becomes bigger, and we experience greater demand for apartments. This is another good reason to purchase an apartment building.

3. Property appreciation

The value of the apartment is based on the Net Operating income the building offers to the investor. The good thing about apartment buildings is that you can escalate the value of the building without investing in new windows, carpet, siding or paint.

When you decide to increase income, reduce expenses or even both, you increase the value of your property. For instance, if the average Cap Rate in the area is 10%, and you increase the Net operating income by $1000 annually, you have definitely added $10,000 to the value of the property. The Cap rate (capitalization rate) helps to measure the ratio between the net operating income and property’s buying price. Cap rate involves three variables that include value, interest rate percentage, and the net operating income.

Hence, the lower the Cap rate percentage, the lower the net operating income will be. If interest rates fall, it is uncommon it see the rates fall, but when interest rate increases, the rates will follow. You can do this by raising rents and reducing expenses. This is one of the most protected secrets of investors.

4. Principal Reduction

Another benefit of apartment building purchase is a principal reduction. Your equity automatically increases each month in apartment building. This is because your tenants are paying the mortgage on your property with their rents. When you receive the monthly rents, you pay out expenses, and then pay the mortgage. With such payments, you are gaining equity and also increasing your wealth.

5. Taxes

Fianlly, another benefit from commercial loans on apartment buildings are that they provide the best tax benefits. In taxes, apartment buildings benefit in two ways: through depreciation expense while you purchase the property, and you can sell the property and re-invest the proceeds into a new property, you will not pay the taxes on the gain. You can never try this with mutual funds or stocks.

6. Numbers do not lie

If you decide to purchase a family home, your expenses consist of taxes and insurance. But that does not mean other expenses do not exist. There will be turnover, resident problems and the like. For example, if you have 10 houses, you have 10 roofs, and probably 10 utility bills, tax statements and remember the time you will be spending from one property to the other.

When you purchase apartment buildings, expenses will include taxes, utilities, insurance, management and much more. But you get to spread out the cost of maintaining the property across all units. It is cheaper to own an apartment building than buying a house.

Technorati Tags: commercial loans,commercial real estate loans