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

Tuesday, March 19, 2019

What You Need to Know About Arizona Hard Money Loans

Knowing that Arizona Hard Money Loans are privately funded loans is a good start. But you need to also know the terms of these loans to use them successfully.

If you are researching Arizona Hard Money Loans, then you most likely know that these are short-term loans that are offered by private lenders. But that is only the beginning of the information that you need to know to fully evaluate these loans and determine if hard money is the best option to meet your financing needs. These terms of these loans are quite different than those of traditional loans as are some of the costs and fees associated with hard money.

The first factor to consider is how much money you can actually borrow on a specific property. In most cases, lenders will consider loaning between 70-80% of the value of the property. This loan to value number is important to the lender because it represents instant equity in the property and added security to the lender. If you, the borrower, default on the loan then the lender can take possession of the property knowing that it is worth at least the balance of your loan and in most cases more. On the upside is the fact that this money can often be in your hands in as little as a week or two when working with a hard money lender, rather than the 45 to 60 days that it takes a bank to fund a loan.

Knowing how much you can get and how quickly you can get it leaves one more big question. You should understand that hard money is going to cost you more than a traditional loan. The interest rate is going to start at about 7% for a strong deal and a borrower with good credit. For more risky deals and credit challenged borrowers, the rate can increase to as much as 15%. In addition, most lenders will charge anywhere from two points on a simple loan to ten points on a more challenging Arizona Hard Money Loans.

Qualifications and Documents

Although the criteria for hard money is not as stringent as a traditional loan, there is a certain amount of information that you will need to prepare for the lender. A few personal bank statements will be required as well as a credit score of 550 or better. The higher your score the better your loan terms and rates will be in most cases. You should also provide a copy of the purchase contract, a contractor bid with the scope of work, a list of your past projects and other basic information about the project that will show its value and the potential of the renovated property. You will also need to have the down payment available as well as any fees and upfront costs associated with the loan.

The Hard Money Alternative

Arizona Hard Money Loans are a good alternative resource for many borrowers who are credit challenged or might be making several concurrent purchased as real estate investment properties. But as with any other tool, the user must have a full understanding of the function and benefit of the tool. Be certain that you carefully read and understand all of the terms of any loan offers. This information will allow you to make a well-informed selection for the loan that best meets your needs.

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

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.

Monday, March 18, 2019

Get an Arizona Bridge Loan When the Bank Says No for a Loan

If the bank has denied you for a loan, you can still get an Arizona Bridge Loan. Learn all about it here.

Banks are notorious for denying people loans. Their qualifications for loans are just too high. They want really good credit scores, almost just as much money needed in the bank, and decent incomes. People who need a loan often don’t have that criteria, so that doesn’t help them at all.

The good news is that people who don’t get approved for a bank loan can turn to Private Money Lenders in Dallas Texas. These lenders are not part of banks or financial institutions. They are simply private lenders who have money to loan to people who need it.

About Private Money Lenders in Dallas Texas and Arizona Bridge Loans

Private Money Lenders in Dallas Texas offer Arizona Bridge Loans because they want to give people the money they need when they need it. They do not look at credit scores. They don’t care how much income you have, or the amount you have in the bank.

People just need property with equity to secure an Arizona Bridge Loan.

Yes, it’s true. You just need have a piece of property that has equity to get a loan.

The loan is usually a short term one. This means 12 months. There are some Texas Hard Money Lenders who will extend the term to two years or up to 5 years, but it really depends on who you go through.

The great news is that with these loans, you don’t need to deal with a lot of paperwork. You also don’t need to worry about waiting weeks for the money.

These loans can be approved within hours or a day. The money can be deposited in just a couple of days.

An Arizona Bridge Loan purpose is to do exactly what the name implies - bridge the gap of having no money. When you bridge that gap, you can help yourself get out of financial troubles to pay back the loan and start doing better.

You can use the loan for anything you would like. Some people will use it to buy rental property, so they can start making a lot of money. Others will use it to grow their business by buying a new location or a bigger one. How you use it is up to you.

If you’re ready to get a loan that isn’t part of a bank that will just deny you, contact us. We are a private money hard money lender. We have these loans available for you.

Contact a Texas Hard Money Lender

All you need to do to get an Arizona Bridge Loan is to contact a Texas Hard Money Lender. This lender will ask you some questions, and in just a few hours, you may receive word of the approval.

If you have any questions, you can ask them during the interview. Don’t worry - they have heard all of these questions before and will answer them fully, so you understand how the loan works.

Buy a Rental Property with Commercial Texas Hard Money Lenders

Buying a rental property is a huge expense, but when the return on that investment is good, you should do it. To get the money, learn how commercial Texas Hard Money Lenders can help.

There are so many possibilities when it comes to the real estate market. People are buying properties left and right and then renting them. So many people are struggling with bad credit and the inability to pay down payments that they simply can’t buy their own home. Instead, they rent, and that’s why people are picking up rental properties faster than ever.

One of the biggest challenges that investors face when thinking of buying a rental property is where they are going to get the money. They don’t have the money in the bank, but they know they can make good money if they can just get their hands on a property.

This is where commercial Texas Hard Money Lenders come into play.

How Commercial Texas Hard Money Lenders Help

Commercial Texas Hard Money Lenders help by providing a lot of money to people who don’t have good credit or a lot of money in the bank. They don’t even care if your income isn’t great. All they want to secure the loan is property with equity. If you have that, you can get a commercial real estate loan.

When you get the loan, you can buy that property you have your eye on and rent it out. As you make money from the rent, you can start to pay back the loan. Most people pay back the loan within 12 months. Longer loan terms are possible, so if you need more time, you can simply ask for it.

Commercial Texas Hard Money Lenders are passionate about helping people make money.

Texas Hard Money Lenders do not want to take advantage of people. They simply want to help them get the money they need to make more money. There is interest on the loans, but that interest is how Texas Hard Money Lenders stay in business. If they didn’t have that, they wouldn’t be able to help people.

How to Get Your Own Commercial Hard Money Loan

Contact us if you are ready to make more money in life. You can use the loan to buy property that you can rent out for more than what you owe on your loan each month. With that, you’ll be able to pay off the loan and then each money, the rental money will be profit.

We will answer all of your questions. There isn’t a ton of paperwork to do, and you’ll get an approval notification within a day - usually a few hours. If approved, the money could be in your bank in a couple of days.

Go ahead and contact us. This may be your chance to finally get out of the financial troubles you’re in right now.

Why It's Important to Use Good Commercial Texas Hard Money Lenders

I got into financial trouble because a bad commercial Texas Hard Money Lenders. Learn how I found a good one, so you don’t make the same mistake I did.

I was in a serious situation with my business. It was failing fast, and I need money for products as fast as possible.

I heard about commercial Texas Hard Money Lenders from a friend, so I searched online and found one in a matter of minutes. I called the first one I found, gave them my information, and in just a couple of days I had the money I needed.

How the Commercial Texas Hard Money Lenders Ruined Me

When I received my first bill from the Texas Hard Money Lender, I thought I was going to faint. There surcharges all over it that I didn’t know about. I owed triple what I borrowed from everything, and when I called them, they said that it was my fault because I signed the contract.

No one ever told me about the additional costs. They simply said sign this and I did.

I have no idea what I was going to do because I was already struggling and now I was struggling even more.

I turned to my friend who recommended the people on this site. He told me to call them to see if they would be able to help.

These Guys Saved Me and My Business

The commercial Texas Hard Money Lenders here told me that would be able to give me the money not only to pay off the other lenders, but to also pay for the business expenses I had.

When I received the first bill from this lender, I was not surprised by it like the other people. They explained exactly what was going to be on it, and it was nice to see that there weren’t any hidden fees.

In a couple of months, my business was getting back on its feet. I was making more payments to the lender, and by the 12 month mark, I had the entire loan paid off.

I couldn’t have saved my business without these commercial Texas Hard Money Lenders.

If you need help with your business, turn to these lenders. They will help you. They are honest, transparent and truly care about helping people. No matter your situation, they will help you. All you need is to have property to back up the loan. You can use the loan to grow your business, save it from bankruptcy or whatever you want to do with it that pertains to your business.

Contact these lenders now at the number above. You will be glad you did.

Sunday, March 17, 2019

How I Used Commercial Real Estate Loans in Texas to Increase Revenue by 93%

I owe it to Commercial Real Estate Loans in Texas for helping me increase my revenue significantly last year. Read my story to see how you can do it too.

Like most people, I was determined to increase my business’ revenue in the new year. I knew I was going to have to take drastic measures to make it happen, and that was okay with me. I just needed to find a way to do it.

My friend told me about Commercial Real Estate Loans in Texas. He said he used these loans as capital to open a new location for his business. I thought this was great because I was thinking how great it would be to open a new location in Atlanta.

Reaching Out to a Texas Hard Money Lender

Texas Hard Money Lenders offer Commercial Real Estate Loans in Texas. The great thing about them is that you don’t need to have a good credit score. This was great for me because I had gotten in some trouble earlier with my finances. I had spent much more than I made a couple years ago and I’m still trying to recoup that loss. I was hoping this step would solve that mistake.

All I needed was property with equity to back up the loan. That wasn’t a problem because I just used my current business’ property. Since I had it for so long, it had the equity I needed on it. If it wasn’t for that, I wouldn’t have been able to get the loan. That would have made it really difficult to be as successful as I became with it.

Getting the Loan and Making Money Move

Within a week, I had the money I needed to start looking for another location in Atlanta. It wasn’t too long before I found one. After closing on it, I spent the rest of the loan amount on setting it up. It only took about a month to open its doors.

It was a hit! I never dreamed it would have been as successful as it was, and I am so relieved it worked out so well. I was able to pay back the commercial real estate loan in just three months, and then in another 6 months all of my business debt was gone.

Commercial Real Estate Loans in Texas helped me not only level up my business but save it too.

If you’re struggling with your business, you can do something about it. You can get the money you need to save it. You can also use that money to make more money.

Contact a Texas Hard Money Lender today. It’s as easy as calling the number on this page. Do it. I did and I am so happy that I did.

Achieve Business Goals with Commercial Real Estate Loans in Texas

Commercial Real Estate Loans in Texas can help you achieve your business goals. Learn how in this article.

Two is better than one. Always remember this, and if you have two already, three is better than two. Of course, more is not always better, but in the case of business locations, it is.

If you’re outgrowing your current location, you have a decision to make. You can either find a bigger location or you can open a second location. What you decide to do highly depends on the business you run.

We know this is a scary thought and risk. In business, that’s what it is all about. Taking risks is what will help you level up.

How Commercial Real Estate Loans in Texas Help

Commercial Real Estate Loans in Texas help you with getting a bigger location or a second one. They are easy to get if you have one property with equity that can back up the loan. Credit scores do not matter - business debt doesn’t matter either. All that matters is that you have the equity to secure it.

When you need a commercial real estate loan, contact a Texas Hard Money Lender. This person lends money to people without the use of a bank or other financial institution. Since there isn’t a lot of bureaucracy involved, loans are approved in a day or two. This means funds are deposited in just a couple of days. Fast cash.

When you have the money, you are free to use it anyway you wish. This includes using it to purchase a bigger location for your business or a second location.

Paying back Commercial Real Estate Loans in Texas can be done in monthly payments.

You can pay the loan back as you make more money from your business. With the additional location, you’ll increase your sales and that means you’ll soon be able to pay off the loan completely.

Real estate loans are short term ones. Usually, they have terms of 12 months, but these can be lengthened up to 5 years in some cases.

How to Get Started with Commercial Real Estate Loans in Texas

It’s easy to get started with these types of loans. All you have to do is contact a Texas Hard Money Lender. The good news is that you’re already there - contact us. We will help you through the entire process. You do not have to worry about a thing. We will take your application, look it over, and then give you a decision within a day - many times within a few hours.

This is your chance to achieve your business goals. Don’t miss it. You have the money you need, so go out there and get it.