Setabay Private Hard Money Lender

Tuesday, January 29, 2019

Top 6 Arizona Hard Money Loans

Get hard money loans today through Level 4 Funding.

Opposed to conventional or institutional lending sources, hard money originates from private investors. These private investors pool hard money funds intended to be lent out above the average market interest rate in order to finance business ventures, asset acquisitions, or residential needs. Hard money is found by consulting either a private money lender directly, or a hard money broker. Comparing loan types, terms, and rates from a variety of lenders, hard money brokers help clients find the right type of financing. Though hard money loans vary, here are some of the most common loan types available.

Business Loans:

· Commercial loans: Frequently, businesses need more, more land, equipment, or inventory to meet demand. Arizona Hard Money Loans can help. Other reasons for acquiring commercial Arizona Hard Money Loans include bad credit, lack of credit, foreclosure, market shift, economic downturn, bankruptcy, or debt consolidation. Whether growing or maintaining investments, Arizona Hard Money Loans offer help, progress, and return.

· Arizona Cannabis Business Loans: Navigating the promising and perilous opportunity of legal cannabis? Need some cash to get your business up and running? Hard money is probably your best bet since institutional lending is on the sidelines. Get cash to start an agricultural, medicinal, clinical, or commercial business. Find the right property to grow your business. While institutional money is on the sidelines, small business is poised to gain.

Residential Loans:

· Owner occupied loans: Sometimes, when you already have a mortgage, it is difficult to get further financing from the banks. This is discouraging for individuals who just need a little money to renovate their home, bump the value of their residence a bit. Arizona Hard Money Lenders are able to lend money to residential home owners who need a helping hand.

Real Estate Investing Arizona Hard Money Loans

Real Estate Investment Loans:

· Fix and flip loans: Fix and flip loans help real estate investors acquire, renovate, and sell property. Distressed property is king, since it’s below average market value and offers greater potential returns. However, banks frown upon distressed properties, so hard money lending is typically preferred for fix and flip investors. Arizona Hard Money Loan help fix and flip investors step-by-step with financing until the property is refurbished and valued at average market value.

Get Arizona Hard Money Loans. Talk to your hard money broker today at Level 4 Funding.

· Renovate and rent loans: Wait, you can retire on rental properties? Sure! Save money, invest in property using your savings coped with Arizona Hard Money Loans. Buy distressed property, fix it up, and lease it out at a comfortable rate. Pay off your loan in a short period and have pure cash flow. Repeat. Retire with long-term cash flow from long-term rentals.

· Spec home loans: Are you tired of beating the bushes for distressed property? Build a spec home and secure returns with Arizona Hard Money Loans. Arizona Hard Money Lenders allow you to acquire land, build property, and sell homes for a pretty penny.

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

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.

Conventional Versus Hard Money Rental Property Loans in Arizona

Which of these rental property loans do you qualify for?

You are getting into the rental property business. Maybe you have done the research and have looked at various neighborhoods in a particular city, area, or neighborhood that are able to give a good return on long term housing rentals. Great. You have the idea, the research, and the iron will to push forward, but you are left with a crucial question: where is the money to do this? The answer for many investing into the renting business is found in locating a comfortable financing situation.

First, what type of loan are you looking into, hard money or conventional? If conventional, do you have a strong credit score, a record of financing and renting out homes, a comfortable amount of cash down (20%-30%), and a favorable debt-to-income (DTI) ratio? Also, is the real estate you are looking to buy in good shape—not distressed or in need of a solid renovations?

If not, Hard Money Rental Property Loans in Arizona are your next option. Hard Money Rental Property Loans in Arizona have less stipulations than conventional lenders. To receive such a loan as this, a borrower must have enough cash down, 20% to 60%, to create a favorable loan-to-value situation for his or her lender. Otherwise, he or she will need to leverage current real estate assets owned to mitigate the lender’s risk. By leveraging property, especially with excellent positive equity or with no debt owed, up to 100% LTV is possible.

Benefits of Hard Money Rental Property Loans in Arizona

On top of this, previous credit issues such as bankruptcy, foreclosure, and delinquency can be overlooked in favor of an optimistic equity situation. Don’t worry about the past, it is time to live in the glory of the entrepreneurial present.

Talk to your hard money broker today at Setabay to get the rental property loans you need.

Another benefit of using Hard Money Rental Property Loans in Arizona, is that you are able to buy distressed property. This is a benefit if you are interested in renovating to rent a house since purchasing a house is cheaper than purchasing other refurbished units in an area. Though this may take honing a few more skills and becoming one with your inner weekend warrior, many are able to get more returns by paying less in these instances. If hard money lending seems right for you, talk a hard money broker at Setabay.

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 and 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Crowdfunding: A New Era of Arizona Private Money Lenders?

The concepts of crowdfunding have been around for a long, long time. Printing presses, credit unions, governments, bonds, religions leading up to GoFundMe, blockchain, Uber, Airbnb, etc. . . . With the internet overwhelming the four corners of the earth, crowdfunding has risen to a global stage, a stage that entices many to invest, fund, or support the efforts of others. Curiously enough, crowdfunding has even seeped into real estate investment acting in virtue of a horde of micro Arizona Private Money Lenders.

Crowdfunding, or gathering small amounts of money from large groups of people in order to achieve a purpose has been going on for a very long time. In the past say 1439, after the beginning of the printing press, when paper, materials, ink, and machinery were more expensive, writing was still expensive despite innovation. Becoming a writer alone usually required someone of great monetary means whose patronage could support an individual of literary talent. However, to acquire more business, many writers employed methods of subscription to fund further literary works. With enough written confirmation of individuals willing to buy the book, publishers would feel comfortable undertaking the risk of printing.

Aside from writers and printers, religions, charitable organizations, credit unions, and even bonds have implemented crowd funding principles. However, after the advent of the internet and the spread of personal computers, crowdfunding evolved taking the nation and the world by surprise. Napster in 1999, for example was an early attempt. eBay, soon followed along with Airbnb, Cryptocurrency, Uber, Spotify, Citi Bike, and a myriad of mobile scooters paying individuals up to $20 per to charge each unit. Crowdfunding and its principles are wide-reaching, theoretically founding or funding many successful companies.

Some are interested in crowdfunding for its ability to help those in need, offer unique services to many people, or build economic infrastructure in third-world countries. Others enjoy these benefits but are also able to harness crowdfunding to create, build, and secure returns.

Micro or Macro?—The Future Source of Arizona Private Money Lenders

The possibilities of crowd funding are unforeseeable and promising. Instead of gathering the funds of one huge entity, it allows companies to harness the power of many Arizona Private Money Lenders. E pluribus unum. Micro Arizona Private Money Lenders continue to move mountains with the widow’s mite. Surreal.

Will conventional hard and Arizona Private Money Lenders be affected by crowdfunding? Stay tuned . . .

There are now over 75 crowdfunding real estate entities in the US. Many ponder the implications of crowdfunding entering into the real estate industry and the effects it will have on hard and Arizona Private Money Lender. Only time will tell how crowdfunding will work out, whether or not legal mandates will push it out of the lending sector or will allow it to remain.

4 Benefits of Using Arizona Private Money Lenders

Who are Arizona Private Money Lenders, and why should they matter to you?

Arizona Private Money Lenders are individual investors who are separate from federal institutions. Aside from conventional lenders who receive institutional money, rates, and regulations in order to lend money, private lenders loan out their own money to the individuals they see fit to loan to. They are small entities with their own interests and their own agendas, not an extension of the bureaucratic arm of federal lending.

There are several benefits to using private lenders. First off, generally speaking, Arizona Private Money Lenders tend to finance real estate that needs to be repaired. They are okay with borrowers purchasing property that has been run down, that has extensive damage, or that can be fixed within a short period of time. This is because these types of property, if the numbers are crunched correctly, can bring in a healthy return, benefiting both lender and buyer. Because of this, fix and flip investors frequently tend to deal with private lenders for a variety of lending scenarios: acquiring a profitable piece or real estate that may be distressed; financing only a portion of the renovation process such as cement, paint, etc.; or financing equipment that can be used for renovations.

Second, reduced lending requirements. Arizona Private Money Lenders do not require lengthy verification requirements and can be funded within a matter of a few days at the quickest. The speed and the reduced application and funding requirements make private money popular for individuals purchasing wholesale, foreclosed, or short-sold properties, many of such purchases needing to be funded within a short amount of time opposed to the lengthy, 40-day-plus period that a conventional loan would take.

What Do Private Lenders Require?

Third, Arizona Private Money Lenders tend to look at equity positions and business success over past bankruptcies, foreclosures, and delinquencies. Many recipients of Arizona Private Money Lenders are contractors, leasers, and flippers who purchase property to get a return on money. A primary concern for Arizona Private Money Lenders is what the loan-to-value (LTV) and the after-repair-value (ARV) will figure out to be. By calculating both of these factors, a private money is able to calculate risk in the advent of foreclosure. Other factors included when financing real estate investors are: how many jobs has the investor completed, and how well has his or her investing business held up.

Arizona Private Money Lenders are local lenders who tend to have a personal relationship with borrowers.

Fourth, Arizona Private Money Lenders are generally local lenders. Aside from equity and work history, Arizona Private Money Lenders tend to lend to people in a close-knit community. Instead of calling an obscure entity from a “1-800” number that is directed through a myriad of phone lines and codes just to hopefully get a bank representative, Arizona Private Money Lenders are accessible, personable, and available. By building local investment ventures, they indirectly build communities, small businesses, local infrastructures, and community jobs. Though finding Arizona Private Money Lenders is not as easy as other lending outlets, it is a comfortable and a less regulated lending form that continues to help many small business and individuals get their start.

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 and 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Microlending: Peer-to-Peer Arizona Private Money Lenders

The peer-to-peer to peer economy is backed by popular demand. Companies like Spotify, Airbnb, eBay, Uber, and more have changed the way business are done, especially with elaborate applications, software, and websites. Will microlending change the way Arizona Private Money Lenders or conventional lenders do business in the near future? Stay tuned . . .

Microlending. A word that has incited criticism, curiosity, charity, and praise in recent years. Microlending is the concept of gathering and pooling small funds from a multitude of individual investors in order to finance commercial ventures. Though the concept of microlending, or gathering many small funds from the masses, has been around for a long time, it has recently made headway with the birth of the internet and the rise of peer-to-peer businesses.

As of late, the peer-to-peer business model has boomed. If the term is unfamiliar, think Airbnb, Uber, Lyft, Spotify, eBay. These are businesses that create an interface, application, or website that allows users to communicate directly with each other. There are no middlemen, just the site, it’s users, and communication between these parties. So, back to microlending. After the advent of peer-to-peer software and the explosion of the tech industry, microlending emerged. Fusing peer-to-peer tech with microlending allowed not just a remote area of individuals to participate in microlending, but the whole wide world.

Individuals began to gather on microlending sites. Micro Arizona Private Money Lenders and borrowers searched for one another, funding was lent and received. Microlending became attractive for the above market interest required due to risk. Also, the fact that it typically was lent to third-world countries whose currency valued less than the US dollar allowed individuals lend as low as $25, though many argue that initial investment should be more.

Potential and Foreseeable Challenges for Peer-to-Peer Arizona Private Money Lenders

Some of the challenges for peer-to-peer, Arizona Private Money Lenders include risk in lending to individuals from various regions of the world who may or may not repay. Though credit scores, credit histories, credentials, and background checks are documented on microlending sites, a lack of collateral of collateral is typically the norm. Though less money is needed to invest, there is greater risk, due to the fact that many loans are not backed by collateral. Adding to the challenges of microlending, recently institutional lenders have made their way into peer-to-peer lending. This has increased competition—Goldman Sachs versus the world of micro Arizona Private Money Lenders.

Are micro Arizona Private Money Lenders the future of the finance industry? Only time can tell.

Despite these challenges some micro Arizona Private Money Lenders who spread the risks of their profiles and find consistent investment amounts report a possible average return of 7% interest. Others view that institutional intervention is a testament of the profitability of microlending. As many continue to watch the microlending market, waiting is the only option, for only time will tell what this niche of financing has in store. Opportunity, stagnation, or demise.

Monday, January 28, 2019

6 Reasons Why You Should Use Arizona Hard Money Lenders

Banks are not always the answer. Sometimes, other financial resources can be a godsent. Arizona Hard Money Lenders are here to help you secure the lending source you need to complete the goals and investments that are important to you.

Hard money is money pooled together by private investors or groups of investors. These private investors lend money out at an interest rate securing comfortable returns. Once pooled, hard money is lent out in two ways: either directly from private lender to borrower, or through an intermediary known as a hard money broker, who gathers and loans out the funds of Arizona Private Money Lenders. Typical hard money borrowers include: new real estate investors unable to secure conventional lending; investors with poor credit or little cash down; investors falling short of income stipulations or possessing limited work history; investors dealing with multiple mortgages; investors purchasing distressed property within a short period of time; and investors renting and renovating.

Hard money has many attractive benefits to these and many other types of borrowers. First, there is more opportunity to participate in more deals: Sometimes, getting a foot into the real estate investment business is tough. When conventional lending shuns new investors, other financial means are needed. Arizona Hard Money Lenders offer borrowers a chance when banks say no. Furthermore, hard money offers experienced investors creative solutions such as financing multiple properties, refinancing exciting properties, or renovating older properties. Second, it is easier to get financed. Do towers of paperwork delineating obscure legal stipulations scare you? If so, good news, Arizona Hard Money Lenders have less paperwork the banks.

Third, Fast approvals. Some real estate investors don’t have the luxury of waiting months for conventional lenders to give the green light. Wholesalers, flippers, and renovators vying for limited distressed properties may need money fast to scoop up properties at auction. Sometimes, the answer is hard money. Arizona Hard Money Lenders can secure in days what conventional lenders can secure in months. Though hard money may have higher interest rate, they present opportunity and allows for acquisitions and returns.

Arizona Hard Money Lenders Help You Secure a Loan that Fits Your Needs.

Forth, you can negotiate a payment plan. Do banks make you feel like an insignificant minnow in a sea of paper? Do you miss the old days when you could talk to people face to face? Great. Arizona Hard Money Lenders are personable and able to set a financing plan in motion that suits your needs. Fifth, no prepayment fees. If you pay off your loan too soon, there is no problem at all.

If Arizona Hard Money Lenders are the financial lending source you are looking for, contact your hard money broker at Level 4 Funding today. Secure the cash you need to further the investments that matter to you.

Sixth, you can get approved with bad credit. Arizona Hard Money Lenders are not so much as focused with credit worthiness as are conventional lenders. Instead, they are interested in loan-to-value, equity, property value, and after repair value. These factors give Arizona Hard Money Lenders an indicator of risk and security. This great news for individuals whose credit has been ransacked after a divorce, destroyed after a bankruptcy, or marred by past delinquencies.