Setabay Private Hard Money Lender

Tuesday, January 8, 2019

6 Things You Can Buy with Loans from Residential Hard Money Lenders

Funding your next real estate investment can be tough to do out of pocket. Luckily, residential Arizona Hard Money Lenders can provide loans to help you finance your dream property.

Residential Arizona Hard Money Loans can be used for a variety of properties. Whether you’re looking for somewhere to call home or just a place to vacation, residential Arizona Hard Money Loans have you covered. Here are just some properties you could call your own by getting a residential loan:

A welcoming new home

Residential Arizona Hard Money Loans are perfect for purchasing a new home. That cute house for sale on the corner that you pass every day doesn’t have to be just a fantasy.

A rental property

Rentals are great investments because they can make you back the money you put into them and more. Airbnb’s, flippers, or long-term rentals can all be purchased with residential hard money loans. The advantage of these properties is that they can help you pay back your loan easily and quickly, plus give you some major spending money.

A relaxing beach house

Looking for more of a vacation home? Residential Arizona Hard Money Lenders could help you cover that, too. Picture waking up to an ocean sunrise and getting your toes in the sand while you drink your coffee.

A cabin in the woods

Are you the outdoorsy type? Get your very own solid-wood cabin surrounded by the lush, quiet wilderness. Every day could mean hiking, biking, and bonfires in this forest retreat.

A cozy condo

Downtown or in the suburbs, condos can be great spaces to call home for less money than a traditional single-family home. They can offer the feeling of a free-standing house with the amenities and community of an apartment.

A tropical getaway

Get the vacation home you’ve always wanted with residential hard money lenders. Imagine a sunny sky, a light breeze, and a drink in your hand as you watch the ocean on your new patio. Sounds pretty great, right?

Advantages of Residential Hard Money Loans

There are many advantages of taking out a residential hard money loan over a bank loan. Residential Arizona Hard Money Lenders have a fast and easy approval process that is much less complicated than that of banks. The process is able to be so simple because Arizona Hard Money Lenders focus on collateral rather than your financial history. Often, the collateral for residential Arizona Hard Money Loans is conveniently the property being purchased itself. Because of the hassle-free process, Arizona Hard Money Loans can be great for those who want to get loans quickly and easily without being scrutinized by banks.

Own the property you’ve only dreamt about

Taking out a residential hard money loan could be just what you’re looking for to fund your next home, oasis, or rental property. The ease of Arizona Hard Money Loans compared to banks can allow you to get your new home in no time flat. Stop dreaming and start living by taking out a residential hard money loan to fund your next property purchase.

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.
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How to Use Arizona Airbnb Loans to Create the Most Popular Rental in Your Area

Airbnb is growing in popularity among tourists, as it can be a great alternative to traditional overnight accommodations like hotels. If you’re looking to start a rental business with Airbnb, keep reading to learn how Arizona Airbnb Loans can help you hit the ground running.

Creating a rental business from scratch can be tough. It takes hard work, determination, and some starter money to set your enterprise up the way you want it. Before you open for business, there are a few steps you should take to get your short-term rental ready for guests.

First, you’ll need a space to rent, whether that be an extra room in your home, the beach house you inherited, or a condo you plan to purchase. Once you have your space, it needs to be made livable, so your guests will not only enjoy their stay, but leave you positive reviews. All that preparation for an upcoming Airbnb can be costly, especially when you think about paint, repairs, furnishings, décor, and appliances.

The key to running a successful Airbnb is to provide your guests with an experience they wouldn’t get at a hotel or another short-term rental. Hotels can have great interior design and even nice perks, but the experience is very similar at whichever hotel you choose. Airbnb’s can be the same way if not designed with a marketing standpoint. To place your rental space above the rest, you’ll want to create a space for your guests with unique amenities and benefits that show you care. Wine in the fridge, personalized notes, custom murals, and guides to nearby attractions add a touch of humanity that guests just won’t get in standard hotels. Even the small things can make your short-term rental worth choosing over both hotels and your competition because they show your guests that you care.

These tactics work wonders, but where do you start? The interior design you need to make your business flourish can cost thousands of dollars depending on the size and makeup of your rental space. Even higher in cost than the decorating is space itself if you’re going to buy one to rent out. That’s where Arizona Airbnb Loans come in.

Where should I go for my Airbnb loan?

Arizona Airbnb Loans from private Arizona Hard Money Lenders can be extremely helpful in starting your rental business. Banks can be hesitant about lending loans for rental properties, as putting them in the right loan category can be difficult. Mortgages on rental properties can be risky for banks as well, making them even less likely to issue loans in some cases. Due to the complications associated with banks, it’s best to look to private Arizona Hard Money Lenders for Airbnb loans.

Before you decide on a loan provider that’s best for you, work out the financial details of your future Airbnb.

When applying for a loan, it’s important to know the costs of exactly what you’ll want to do. Are you going to buy the place you want to rent out, or do you already have it? What repairs need to be done to the space? What amenities will you have? How much furniture will you need? Think about your answers to these questions and talk to a hard money lender for more information about loans for your future rental space.

How to Make the Most of Your Arizona Fix and Flip Loans

If you have your loan and don’t know where to start, look no further. We’ve collected the best methods to transform your space using Arizona Fix and Flip Loans.

When flipping a property, there are several steps you must complete before it’s ready for the market. Thankfully, Arizona Fix and Flip Loans can help you finance your renovations, but it’s important to know how to best use them. For first-time flippers, this ordered list can help you prioritize your renovations to get the most out of your fix and flip loan.

Purchase your property. Before you can renovate a property, you must buy one. Your Arizona Fix and Flip Loans are there to help you purchase a great property without the need to have the money upfront.

Put safety first. When you start work on your property, it’s important to verify that the most important aspects of the house are intact, including plumbing, structure, and roofing. It’s also helpful to ensure that there are no infestations, or any damage caused by mold or mildew. Any complex issues like these are excellent ways to use your loan, as a luxurious kitchen won’t matter to a buyer if there is extreme internal home damage. You need a solid foundation before continuing with other renovations, literally and figuratively.

Create an open concept living space. Open-concept homes are very popular, and don’t seem to be going anywhere anytime soon. If you can eliminate any non-load bearing walls in the common areas of the house, it can be a huge selling point.

Deal with the kitchen and bathrooms first. These are typically the most expensive parts of the house when it comes to design, and they are often at the top of buyers’ lists. Choose décor wisely and make use of what you have. Are the cupboards in good shape? If so, save some cash and refresh them with a coat of paint and a new set of handles.

Revive your flooring. Flooring is a great way to update your property’s look, and it doesn’t have to cost an arm and a leg. The right choice in linoleum or laminate flooring can give rooms a new look without breaking the bank.

Add some fresh paint. With chips, scratches, and abrasion, walls get beat up, and these signs of damage can make a buyer think twice about your property. Giving your walls a fresh coat of paint removes these marks and can make a lived-in home look brand new without spending too much money.

Splurge on some new light fixtures. Adding new fixtures is an inexpensive way to modernize a space and they’re relatively simple to install. You’ll be amazed at how new light fixtures can transform a space.

Put in the time to complete quality renovations

Following these tips and tricks for reno can help you renew your space and make it ready to sell or rent. Skimping on important aspects of renovation like plumbing or new paint can be obvious to potential residents and could make your listing less appealing. Put effort into the most important renovation elements to help secure your future profits.

Your Arizona Fix and Flip Loans can go farther than you think.

Renovating wisely can help you maximize the use of your loan. Choosing the right designs and décor can make a huge impact on your budget and help you extend your loan to complete further renovations.

Best Way to Use Owner Occupied Hard Money

Use your home as an asset to get the money you need to start or grow your business. This could be the break you need to finally make it big.

Want to grow your business but don’t have the money to do it? Do you have a great idea for a business that you know will be profitable but you just can’t get the money to fun it? You’re in luck. Owner occupied Arizona Hard Money Loans can help.

Owner Occupied Hard Money for Big, Fast Loans

Hard money is the ticket to financial freedom when it comes to your business. You don’t need great credit. You don’t need to have a ton of assets. All you need is your home. That’s it. If you live in a residence, you can use it to secure your loan.

Successful business owners everywhere have used owner occupied hard money to grow bigger and start their million-dollar business. They used the home they live in to secure the loan and when their business started to generate profit, they paid the loan back. That’s it.

What’s so great about owner occupied Arizona Hard Money Loans is that there isn’t a ton of paper needed. By providing some information, you can be on your way to borrowing thousands of dollars. The money is usually deposited into a bank account within the week. It’s really that quick.

Just think – you could grow your business or start a new NEXT WEEK.

If you’re like many people, you’ve been dreaming about making it big, and this is your chance to do it. You don’t have to use the excuse that you don’t have enough money – and that it takes money to make money. You have the money right here with owner occupied hard money.

All you have to do is start the process in getting the loan.

You don’t have to make a decision to use one of these loans right now. Just learn more about it. As you learn about it, we’re pretty sure you’ll see how beneficial it is to your future. Your future as a business owner and individual who wants to feel successful in life. Call us today for more information on how we can help you with a hard money loan. We help thousands of business owners grow and start their business every single day, and we would love to help you too.

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.

Skyrocket Investment Returns with Airbnb Loans

Most people don’t know that they can take out an Airbnb loan to purchase a vacation rental property. I’m so glad I did because it’s been a lucrative investment.

Did you know that a rental property in the Hamptons of New York can go for $10,000 to $30,000 a week. Yes, you read that correctly. During the summer months, NYC dwellers want to run away to the beach area of the Hamptons for some R&R and you can catch in on it like I did.

My Investment with Airbnb Loans

My friend told me about this, and when he told me how much money he was making, I couldn’t ignore it. He bought a small home in the Hamptons for $700,000 and has rented it out to vacationers ever since. He makes between $100,000 and $200,000 a year on it.

When I heard about it, I was skeptical but I figured I might as well try it since he was so successful. I was able to get an Airbnb loan for $600,000. After browsing the available homes at that price in the Hamptons, I realized that I wanted to invest in something a bit nicer so I put in $200,000 of my own money.

This price gave me a small bungalow in walking distance to the beach. I looked over records and did some asking around, and comparable rentals were bringing in about $20,000 a week, so I thought it was worth it.

After closing on the home, I immediately started to promote it. Almost instantly, I had it booked. People continued to call to book time at the rental throughout the summer into the fall. When things started to slow down, I wasn’t sure this was the right investment. That was until the spring hit, and I started getting more weeks booked, and the money was just pouring in again.

It took about a year and a half to pay off the Airbnb loan and my cash investment. After that, it was all profit. Amazing!

You don’t have to go to the most expensive area in the country to make a lot of money from Airbnb loans.

I chose the Hamptons because that’s where my friend did it. There are many other places where you can make smaller investments and still turn a decent profit, such as Florida, Georgia, South Carolina, and North Carolina.

If you’re sick of looking at meager returns on your investments, consider Airbnb loans. It’s the best way to get into rental properties without having the cash to do it.

The Secret to Successful Investing – Fix and Flip Loans

Have you ever wondered how real estate investors make a lot of money? Many of them do it with fix and flip loans.

Flipping houses isn’t new. People have been doing it for decades. What is new is using loans to do it. People figured out they don’t need to have the cash to flip homes. Instead, they can borrow the money and sell the renovated home at a higher amount to pay it back and then pocket the rest.

Making Fix and Flip Loans Work

When you use these types of loans for investing in real estate, you are basically using borrowed money to produce a profit. After going through the loan process, you will take the amount you were able to become approved for and buy a home.

It’s important to research how much work the house needs, the housing market in the area, and the comps in the neighborhood. This way you will know how much you could potentially sell the house for after it’s been fixed.

For example, if you have a loan of $100,000 and purchase a home for $80,000. You could put about $20,000 worth of repairs in it. If you are able to sell it for $150,000 afterwards, you would make $50,000 profit.

Some people will take that $50,000 and roll it into another investment. They may borrow just $50,000 the second time, purchase a similar home for $80,000, put $20,000 worth of repairs into it, and then sell it for $150,000. In total, that would turn a profit of $100,000.

The investor could then either just use the profit to generate more profit or combine it with another loan to buy a more expensive house to hopefully turn a higher profit. This is how people make a lot of money.

All you have to do is sell one home with a profit of $50,000 a year to have that as your annual income. If you sold two homes with a $50,000 profit, you would have a $100,000 profit. Pretty nice way to make a hundred grand in a year, right?

All you need to do is use fix and flip loans to get started.

It’s true! You don’t need the cash. You just need the seed money from a fix and flip loan. Some of these loans do not require good credit or high income from employment. They can be secured with collateral. To see if you may be eligible to use fix and flip loans, contact us.