Thursday, March 21, 2019

Reasons to Use Residential Hard Money Lenders in Arizona

Not all borrowing needs can be met by traditional lenders. For that reason, some borrowers will greatly benefit from understanding the best reasons to use Residential Hard Money Lenders in Arizona.

If you are facing a challenging financial situation, then you most likely already know that banks and other traditional lenders are often not willing to lend money to the borrowers who need it the most, or at the time that they need it the most. When this occurs, it is important for borrowers to understand the advantages of Residential Hard Money Lenders in Arizona and when it is appropriate to borrow from them.

There are many situations in life that all can result in a borrower having bad credit. In some cases, the borrower made some bad choices and is paying the price for poor choices. This could be getting too far in debt with credit cards and being forced to declare bankruptcy or spending more on a home than the borrower could really afford. But there are other cases where the borrower made no mistakes, he or she just got caught up in an unfortunate situation. This could be the loss of a job or getting laid off, a death in the family or even a serious illness that resulted in lost wages and a mountain of medical bills. But when you have issues with your credit, Residential Hard Money Lenders in Arizona might be your only option to get financing to purchase a home or an investment property.

Time is another huge benefit of hard money lending. If you are an investor and you find a great deal on a property, you don’t have time to wait 60 days for a bank to approve your loan. Or if you are facing a bidding war and the seller is looking for a fast-closing rather than getting top dollar, hard money will get you money in hand very quickly. In all of these cases, it is well worth the slightly higher cost of hard money to secure the purchase that will turn a great profit.

Avoiding Foreclosure

If you have fallen on hard times and are behind on mortgage payments, foreclosure is not far away. But you can avoid losing the property and crushing your credit by securing hard money to pay off your traditional mortgage. It is true that you will pay more interest to Residential Hard Money Lenders in Arizona, but that is a far better choice that the loss of the property, the equity that you have created and your personal credit. And once you have paid off the traditional loan and are back on your feet, you have the option to refinance the property with a traditional loan at a lower interest rate and pay off the hard money lender.

Unique Circumstances Require Unique Solutions

Hard money is a non-traditional resource, but it is one that works for many people who are in difficult situations. If you are faced with financial needs and cannot get the money that you need from a bank or mortgage company, then Arizona Hard Money Loans could be a very viable option for solving your issues.


Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions
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Wednesday, March 20, 2019

Benefits of Arizona Hard Money Loans

Understanding the benefits of Arizona Hard Money Loans will also explain why some borrowers opt for this higher cost loan. In many cases, the cost is well worth the benefits.

Arizona Hard Money Loans are short term loans that are offered by private lenders. In most cases, these loans are only for a maximum of five years, but borrowers have the ability to negotiate almost all of the terms of Arizona Hard Money Loans so it can vary. There are many benefits that borrowers enjoy when using hard money, but for the most part, the benefits can be broken down into three categories.

Speed is often times the most appealing benefit to hard money. Lenders are more focused on the value and condition of the property which is going to be the collateral for the loan than they are the borrower's personal credit. For this reason, there is far less time wasted evaluating the borrower's personal finances. The lender can have an appraisal done on the property and know exactly what it is worth. This saves a lot of time and money since there are no deep dives into banking records and past taxes.

Flexibility is another great benefit to hard money. When you work with a traditional lender, you are forced to accept the terms that the lender offers. They have processes and procedures in place, and that is the only way that they will do business. But Arizona Hard Money Lenders are willing to negotiate almost all of the terms of your loan to create an agreement that meets all of your specific needs and is also financially beneficial to the lenders. This might allow you to have a creative repayment schedule or even an option to extend or refinance the loan rather than face a large balloon payment at the end of the term.

Getting Approved

Approval is a critical benefit to many borrowers. Hard money is an asset-based form of lending which means that the approval of the loan is based far more on the value of the property than anything else. This means that a borrower with bad credit or no credit can still qualify for a loan from Arizona Hard Money Lenders. What you need to remember is that the worse your credit is, the more risk you represent to the lender. And in almost every case, the lender will want to make more money on these higher risk deals. So you will qualify for the loan but you will be paying a higher interest rate, and you might also be forced to make a larger than normal down payment.

The Benefits Are Worth The Cost

Even at a higher cost than traditional loans, Arizona Hard Money Loans are a very good option for many borrowers. When the only other choice is to pass on the opportunity to buy a great property, then a slightly higher interest rate is not such a bad option. But it is important to understand the terms of the loan and to know the total cost of the loan to be sure that you will still be able to make a profit on the property when you sell it.


Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

About 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
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The Drawbacks of Arizona Hard Money Loans

Nothing in the world is perfect and Arizona Hard Money Loans are no exception. But even after knowing the drawbacks, many borrowers are happy to take advantage of hard money.

Arizona Hard Money Loans are short term loans that are offered to borrowers by private lenders. These loans are often called asset-based loans or non-traditional loans. These loans are fulfilled based more on the value of the property that is being used as collateral than they are based on the creditworthiness of the borrower who is requesting the loan. And while there are many benefits to Arizona Hard Money Loans, it is important that all potential borrowers understand what the drawbacks of hard money can be.

Arizona Hard Money Loans are very popular with borrowers who have credit challenges. Knowing this, it is understandable to see why Arizona Hard Money Lenders believe that these borrowers represent a higher risk than other borrowers with good credit. And while Arizona Hard Money Lenders are willing to offer these credit-challenged borrower’s loans, they are going to demand a higher interest rate to offset the risk. Hard money loan interest rates are currently estimated at between 7% and 10%, but for a very credit challenged borrower the rate could be even higher.

Another aspect of hard money that can present a challenge for some borrowers is that the loan is only offered for a rather short term. One to three years is the typical length of a hard money loan, while some can extend to as long as 5 years. For borrowers who need more time to repay their loan, it is common to refinance another hard money loan or to move to a much longer-term traditional loan. The term length of each loan will be clearly defined in the loan documents, and it is important that borrowers be aware of the timeframe that they are agreeing to before signing the loan documents.

Finding a Lender

Another drawback to hard money can be locating a reputable lender. It is not as easy to find a hard money lender as it is to walk down the street and locate a bank. But there are many online resources that can provide references and a list of Arizona Hard Money Lenders in your area. It can also be helpful to speak to other real estate investors to learn about the lenders that they have experience working with and how easy they have been to work with.

Make Your Own Evaluation

Nothing is all good, all bad or perfect for everyone. Hard money has its benefits and drawbacks which need to be understood prior to accepting any loan. Every borrower needs to evaluate his or her options and compare the terms and total cost of all of the loan options available. From that point, you can select the loan that offers that best blend to meet your financial needs and other requirements for repayment terms and benefits. Making a well-informed choice is the best way to know that you are going to have every opportunity to be successful in your real estate investing career.


Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions
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What are Arizona Private Money Lenders?

Most borrowers are not aware that Arizona Private Money Lenders are an option when seeking financing. Learning more about these lenders will provide borrowers with great options.

Arizona Private Money Lenders are non-traditional lenders who provide short-term asset-based loans for the purchase of investment properties. Hard money lender is another term for these lenders as is the more loose term of a non-traditional lender. In essence, these terms are all used for a private individual or small group of people who work together lending money to borrowers. Understanding the benefits of Arizona Hard Money Lenders services can provide a lot of options to borrowers who are not able to secure traditional loans.

One of the biggest benefits of private lending is that the loan approval is based more on the value of the property being used as collateral than it is based on the creditworthiness of the borrower. This means that Arizona Private Money Lenders are willing to grant loans to borrowers who have poor credit, no credit or who have other issues that cause them to be denied a traditional loan. This is also helpful for borrowers as they can easily determine the amount that Arizona Hard Money Lenders will loan on a property if they know the lender's loan to value ratio. This is the “magic” number that lenders use to determine how much they are comfortable lending. In most cases, Arizona Hard Money Lenders will provide borrowers with 75 – 80% of the current value of the property being purchased.

Knowing this, it is easy to understand why certain types of borrowers are a perfect fit for Arizona Hard Money Loans. Flippers who are only looking for a short term loan and short term investors are both a great fit for hard money. Longer-term investors also choose to use Arizona Hard Money Loans in some cases when time is a factor. They secure the hard money to close the deal and then they choose to refinance with a traditional loan to lower the cost of the loan and to extend the term of the loan.

Loan Terms

It is important to remember that as Arizona Private Money Lenders, these lenders do have the right and ability to set loan terms as they see fit. This can be a benefit if you are looking to customize your terms, but a drawback if you do not make yourself aware of the terms in your loan. The most common LTV is about 70-80% with an interest rate of 8-12%. The lender fees are likely to be between 1.5 points and 10 points. The typical loan is less than 5 years. The time to approve and fund can range from a day or two to just a few weeks.

Know Your Terms

The most critical aspect of any successful loan relationship is that you read and understand all of the terms of your loan. Knowing the terms will allow you to follow the agreement and avoid any penalties or late fees that could be written into the agreement by the lender.


Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions
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Tuesday, March 19, 2019

Understanding What Arizona Hard Money Lenders Want

The world of private lending is not as similar to traditional lending as many borrowers are discovering. Knowing what Arizona Hard Money Lenders are looking for in a borrower can be very helpful in securing a loan.

First, it is important to understand that although Arizona Hard Money Lenders are regulated in some ways, they are relatively free to conduct their business as they see fit. This means that each lender can determine his or her own criteria for approving a loan as well as the amount that will be offered to a potential borrower. But borrowers should also know that there are some general standards that cover the expectations of most Arizona Hard Money Lenders.

As you might already know, hard money is a form of asset-based lending, which means that the value of the property being used as collateral is far more important than the creditworthiness of the borrower. However, no lender is going to completely ignore the credit history of a borrower. Borrowers need to be honest with potential lenders and admit to past credit issues while demonstrating an ability to make the payments on the loan that is being requested. This can be showing a steady income stream such as regular employment or revenue from a business.

All lenders are also going to want to see a detailed business plan for the project. This plan should include the current condition of the property, a list of renovations and repairs to be made, the cost of all work to be done and a schedule to complete the work. This framework will demonstrate to the lender that the borrower understands the process and has a solid plan to get the project completed in order to pay off the hard money loan. A final piece of the plan that is critical to many lenders is a contingency plan. This is a description of how you will continue to make the payments if the property does not sell on your expected timeline. Borrowers really don’t want to take possession of the property in a default, they want to get paid and move on to another borrower.

The Property Needs

The property being purchased is the real key to getting a hard money loan. The lender will want to know the current value and condition of the property as well as an estimate for the property after the improvements are completed. In addition, many Arizona Hard Money Lenders will do a little research on how desirable the property is. This is in the event that the lender needs to foreclose on the property and sell it to recover his or her investment.

Have a Plan for Success

Lenders are looking for borrowers who have both a solid plan for getting a project completed on budget and on time as well as the experience to actually get the job done. In addition, it is important for the borrower to have the means to make the loan payments even beyond the expected completion date of the project. Knowing what lenders are looking for will allow you to prepare your loan request in a professional manner and have the greatest potential for success.


Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions
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Use an Arizona Bridge Loan to Get Rich

That’s right. You can use an Arizona Bridge Loan to get rich. This is not a joke. Just keep reading to learn how you can do it.

Before you read this, it’s important to know that you must have guts. You must enjoy the thrill of the risk.

If you’ve gotten past that part, you’re ready to get rich. You must follow this closely.

Start with the Arizona Bridge Loan

Contact a Texas Hard Money Lender to ask about an Arizona Bridge Loan. Get all the information you can about it, including what you need for approval.

Usually, all you need for this type of loan is property with equity. That will secure the loan.

You do not need to worry about credit scores, income, and or money in the bank. You simply just need the property.

Invest the Money

Once you get the money, which will be in a couple of days after approval, it’s best to invest it in something that gives you a quick return. One option is real estate.

Flipping homes is a lucrative option that doesn’t take much time to do. Find an auction for foreclosures. Research the homes that are going to be auctioned off, and how much they could go for in the neighborhood they are in. Bid a reasonable amount - less than what you can sell it for in the near future.

Sometimes, you’ll have to do some cleanup and minor repairs. Do those tasks as quickly as possible and get it on the market. Work hard to sell it at top dollar.

To put numbers behind all of this, if you purchase a home for $95,000 and flip it for $150,000, you end up with a $55,000 profit. You pay off the loan plus interest and still have tens of thousands of dollars left over.

Do it again. Do it all again. Profit another chunk of money.

Do it again.

Some people will get another loan to be able to invest again, and that is okay. Over time, the profit will add up and then that will pay for the investment itself.

You will learn which houses will turn a better profit and only invest in those. You will also quickly learn that this type of investment turns money quickly and you will see your bank account increase.

It all starts with an Arizona Bridge Loan.

Start with the loan. Invest from there. The profit should pay off the loan and put profit in your pocket. Repeat.

Get an Arizona Bridge Loan from Us

We are the experts in helping people get rich. Contact us today to learn more about our loans and how they can help you. Are you ready to make some money?

Dennis Dahlber Broker Ri CEO Level 4 Funding LLCDennis 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
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