Setabay Private Hard Money Lender

Saturday, February 2, 2019

Where Banks Fall Short, Arizona Hard Money Lenders Close the Gaps

Arizona Hard Money Lenders offer more financing options to the public.

For most individuals, conventional lenders such as banks and credit unions are the primary means of acquiring property. Going through the real estate and mortgage process, finding the right sale price, agreeing upon a comfortable interest rate are all steps in the process. Acquiring a traditional residential property through the banks takes a 2-year work history, a decent to high credit, and a willingness to complete a long list of stipulations. Rigorous credit checks and paperwork required of potential borrowers. Months of negotiation between real estate agents, financing sources, appraisers, and loan originators. In the end, the reward for the wait is enticing: some of the lowest interest rates are available through home loans offered by banks. Acquiring a home loan in the low single digits is possible if the credit score, down payment, and market are right. On top of that conventional lending offers individuals long-haul financing, fifteen to thirty years are common loan durations.

While conventional home loans are great for those looking to live in the real estate they finance, they do not meet all the lending needs of the market. One of the main reasons for this is that conventional lending institutions often shun commercial borrowers. While conventional lenders are willing to lend on a property that is in great condition and that will be lived in, they tend to frown upon lending money on undeveloped or distressed property, property that individuals are unable to live in.

This is a tough pill to swallow for commercial borrowers who are looking to purchase property at wholesale value in order to renovate and generate a return. For example, a flipper may want financing to acquire a home, replace a plumbing system, and add coat of paint. By using financing, the flipper is able to make minimal renovations and maximize a property’s retail value by ameliorating its distressed status. However, banks will not lend on distressed property and another financing source is needed. Aside from the flippers, those who build spec homes to satiate general market appeal or those who renovate homes to rent fall in the same difficult category of acquiring conventional funding.

Arizona Hard Money Lenders Help Real Estate Investors Acquire and Develop Property

Where the bank fails to fund, another lending source has filled the void: Arizona Hard Money Lenders. By requiring different and simpler stipulations than the bank, Arizona Hard Money Lenders are able to furnish loans on distressed and barren property allowing commercial investors to acquire returns from business ventures.

Arizona Hard Money Lenders advocate those initially rejected by conventional lenders.

Hard money is quick and painless to receive. Arizona Hard Money Lenders allow borrowers to receive the money despite subprime credit, foreclosure, and bankruptcy. Talk to your hard money broker today at Setabay to see if receiving money from Arizona Hard Money Lenders is right for you or your business venture. Find the interest rate, term, and lien amount to set your profit-generating business idea into motion.

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

Why Arizona Fix and Flip Loans Are Becoming Increasingly Popular in 2018

With the upward trending of the real estate market, Arizona Fix and Flip Loans are on the rise.

According to a recent data study done by ATTOM Data Solutions real estate flip returns are down: “Homes flipped in the second quarter of 2018 yielded an average gross return on investment of 44.3 percent.” The article continues to state that these returns are “down from 47.8 percent in the previous quarter and down from 50.0 percent in Q2 2017 to the lowest average gross flipping ROI since Q3 2014.” In other words, flipping returns are at their lowest since 2014 according to recent data collections.

So, what is leading to the down turn in flipping returns? In answer to this, another publication from CNN states that “high home prices, hot competition and very, very few available homes to buy are combining to make this popular trade ever more risky.” In other words, the flipping market is getting oversaturated and there are not as many available houses as there used to be. Due to a limited supply of available housing, the market seems to be shifting towards building rather than flipping since retailing a spec homes can often hold a stronger return than flipping a home.

Adding to the difficulties for flippers, even the purchase of distressed property is down. Suggesting that it is harder to find these types of properties in the current real estate bull market. ATTOM Data Solution’s posting continues to iterate that: “32 percent of home flips purchased via distressed sale, down from peak of 68 percent.” Wow! That is a 36% drop in distressed purchases since 2010. This is concerning since the acquisition of distressed properties is often a great way to make a profit by finding real estate that needs minimal renovations to obtain favorable returns, rather than having to buy property at higher rates.

Why Are Arizona Fix and Flip Loans Becoming More Popular?

On the brighter side of things, financing is becoming more available to flippers which reduces risk and offers greater returns. ATTOM Data Solutions report goes on to state that in 2018 “39 percent of home flips [were] purchased with financing.” Over the past couple of years, the flipping market has seen an overall uptick in financing. The report reasons that this uptick in financing has to do with the fact that with higher market price for homes: “it’s now more difficult for investors to buy with cash than previously.” With the higher prices required to acquire property, it seems that it is more favorable for real estate investors to keep their cash flow and obtain Arizona Fix and Flip Loans from Arizona Hard Money Lenders.

Arizona Fix and Flip Loans help real estate investors to generate greater returns with less cash down.

While Arizona Fix and Flip Loans allow investors to maintain cashflow, this not the only reason real estate investors are financing. Real estate investors are getting consistent returns with less cash down. This means, according to ATTOM, that with the amount of cash to complete one flip, many flippers can net on average “$30,000 per flip after paying $5,000 to $10,000” in Arizona Fix and Flip Loans granting a net annual return of “$90,000.” Three for the price of one is not that bad!

Expectations to Consider with Commercial Arizona Hard Money Lenders

Have you ever thought about working with a commercial Arizona Hard Money Lender to start building a career working in the real estate world? Learn how commercial Arizona Hard Money Lenders are changing lives and helping people make huge returns on their investments.

Have you recently been approved for a commercial lending opportunity with the assistance of commercial Arizona Hard Money Lenders? On the off chance that your business has at last been endorsed for a credit, it's a great opportunity to spend your new assets cautiously to best enable your business to develop and build income. At the point when utilized appropriately, business land credits can be a profitable instrument to help grow your business. These accommodating tips will enable you to make the most out of your advance, so your business can flourish. Consider this strategic plan for spending your commercial hard money loan so that you can make the most out of working with Arizona Hard Money Lenders:

-Spend on advantageous costs. Try not to squander your advance on costs that won't expand the skylines of your business or help develop your organization. Rather, spend on beneficial speculations that can prompt energizing open doors for your business. This could mean spending more cash or promoting adventures or expanding the stock of an item.

-Keep your advance separate from whatever remains of your assets. Keeping business land credits separate from whatever remains of the costs in your different records can enable you to ensure that you don't overspend your advance or waste your advance on superfluous buys. Having to bit by bit exchange your credit through your records will enable you to monitor your ways of managing money after some time.

-Make the installments on your credit programmed or automatic. Satisfying business land advances after some time can really be a decent method to build your financial assessment as long as you are certain to make your installments on time, unfailingly. Setting up programmed installments on your advance can keep you from making the mix-up of overlooking an installment.

Start Making the Most Out of Investing with Commercial Arizona Hard Money Lenders

Spend on advantageous costs. Try not to squander your advance on costs that won't widen the skylines of your business or help develop your organization. Rather, spend on beneficial speculations that can prompt energizing open doors for your business. This could mean spending more cash or advertising adventures or expanding the stock of an item.

Thinking carefully before making any investment goals and be mindful of creating a schedule for investments that work with your budget and financial restrictions.

Neglecting to satisfy your business advance on time or making installments past the point of no return can harm your FICO assessment. Monitor your ways of managing money and spending plan likewise with the goal that you will dependably have the capacity to satisfy your advance. Because you have the additional assets of a business credit does not imply that you ought to disregard your financial plan or increment your ways of managing money significantly.

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.

Establish a Steady Income with Arizona Rental Property Loans

Use Arizona Construction Loans to build the home you need today.

John and Sally were high-school sweethearts. They grew up in the same small town. They had similar friends, interests, and dreams about life. The year they turned 18, like any Nicholas Sparks book, John bought a diamond ring, staged an elaborate proposal, and asked for Sally’s hand. Sally was enamored of John. An autumn wedding in the White Mountains soon followed. The air was cool and crisp. The pastor read their vows and quoted forgotten words form an old book. Tears of joy fell from Sally’s face. John grinned. The honeymoon soon followed.

Years later, they are cramped in a two-bedroom house with three children. Thanks to Nicholas Sparks or some unseen deity—the cancer theme was removed from the plot—John and Sally, alive and well, still love one another, but it gets stressful at times with crying children, occasional disputes, and John working late nights trying to survive the contracting business. “John is a good man, he is a good man,” Sally muses. She knows that sixty to seventy-hour weeks are just part of getting a business up and running, just a part of the American Dream.

Sally feels like a sardine in a can, though. Add to the can clutter, screaming children, and diapers. Take from can John who is still at work and will get home late to stuff down a cold casserole that has been on the table for some time. The housing market is booming. John and Sally live in the Greater Phoenix suburbs. Sally sees her friends who have husbands working a nine-to-five, who come home to a nice dinner every once and awhile. Sally sees her friends taking out loans to buy three and up to four-bedroom houses. Each kid has his or her own room. Each couple has space to breath and spend an occasional tender moment together at night. A full-sized table to have dinner at. A walled-in yard for the kids to play in. A home to live a life in. A life they dreamed of.

Arizona Construction Loans Help Families Build a Dream Home

Use Arizona Rental Property Loans to start your business.

Anno Domini MMXIIV AD—Giovanni Concato moved to Southeastern Arizona to try his hand in the American mining business to make American money, good money—more money. For years of his life he had lived in northern Italy. He, like his father, grandfather, and great-grandfather, had come of age and worked in the marble mines in Carrara, Italy found in the northernmost part of Tuscany. His city was beautiful, nestled between the low mountains and the Mediterranean shore line. Cobblestone streets, stone cathedrals, and brick buildings abounded.

Upon reaching the age of 30, Giovanni grew tired of mining marble. He had neither a woman nor a child binding him to his town. Though he had few academic credentials, he could work large machinery, manage large groups of workers, and complete projects in a timely manner. His supervisors loved him. But overtime, Giovanni came in contact with an international contractor furnishing skilled labor for larger mining projects. Through this company, Giovanni found work in the copper mines of Arizona. A brisk application and relocation process followed.

Having learned English in grade school and possessing a working knowledge of and certification to run heavy machinery, Giovanni rose in paygrade quickly. Over the next few years he saved a considerable amount of that money and established citizenship. This was great. However, something irked him—Giovanni paid steep rent for such a small town, a town where general mortgage payments seemed to be considerably low. In fact, at the time, Southeastern Arizonan rentals nearly charged as much if not more than what a conventional, monthly mortgage was.

Arizona Rental Property Loans Help Establish Long-Term Rental Income

With his savings, Giovanni acquired a private lender offering Arizona Rental Property Loans. He paid 50% LTV on a property to be matched by the lender at the same amount. Giovanni’s investment grossed $25,000 a year less the $7,000 paid in hard money lending fees. He liked the return. He strengthened the return by refinancing the property with a conventional lender for a lower interest rate. Within a few years, Giovanni had paid off his investment and was receiving rental cashflow together with his mining income. The time came to acquire more hard money Arizona Rental Property Loans. After bridging these loans in favor of lower interest rates, his profits continued to grow.

Talk to your hard money broker to see if Arizona Rental Property Loans are right for you.

Eventually Giovanni hired a property manager to manage his property. Here and there, after paying off a loan or two, Giovanni took out more Arizona Rental Property Loans to receive more rental property returns. After a few more years, he had a strong side business that seemed as though it could last for years, establishing both rental cash flow and home equity simultaneously. Giovanni was happy with his business and with what he had built. Not only was he earning a good living working for the mine, but he was earning a good living with a business he had built from the ground up thanks to Arizona Rental Property Loans.

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

How to Know Your Eligibility for a Bridge Loan

An Arizona Bridge Loan can be a great choice for expanding on your personal finances and having extra money to pursue your real estate investing goals. Have you ever wondered if you were eligible for such a lending opportunity? Learn your eligibility with the help of this guide.

Let's take a look at what exactly an Arizona Bridge Loan is. An Arizona Bridge Loan guarantee to fill the hole or "give an extension" between your old living arrangement and the one you would like to purchase. They achieve this by giving impermanent money related help through momentary loaning. Unfortunately for some users, connect advances accompany entanglements, some of which can be exorbitant or have long-haul money related results. This guide will clarify the great and the terrible about extension credits, how they work, and some elective procedures.

How do bridge loan credits function? While connect advances can come in various sums and keep going for differing timeframes, they are intended to be momentary devices. As a rule, connect advances are transitory financing alternatives proposed to help land purchasers secure introductory subsidizing that causes them to change starting with one property then onto the next. Suppose you found your fantasy home and need to get it rapidly, yet you haven't had sufficient time available to set up your present home available to be purchased, not to mention move it off of the market. An extension advance would give the momentary financing required to buy the new home rapidly, getting you an opportunity to prepare your present home available to be purchased. In a perfect world, you would move into your new home, move your old property, at that point pay off the credit. You may also want to consider these more specific details about bridge loans: your present living arrangement is utilized as security for the credit, these credits may just be set up to keep going for a time of six to a year.

financing costs are higher than those you can get for a conventional home loan, and you require a value in your present home to qualify, as a rule, something like 20 percent.

Additionally, remember that there are a few different ways to reimburse an extension advance. You might be required to begin making installments immediately, or you might have the capacity to hold up a while. Make a point to peruse the terms and states of your advance so you know where your monetary commitments start and end.

Becoming Eligible for an Arizona Bridge Loan Can Completely Change Your Life

The time is now to determine your eligibility for an Arizona Bridge Loan and to get started with achieving your financial goals. It's time to look larger than more traditional lending opportunities and strive to secure a greater financial future for yourself.

Don't delay in getting started with making money with unconventional lending opportunities to secure a better financial future for yourself.

The right bridge loan or untraditional lending opportunity can help you reach your financial goals quickly and successfully. Strive to better your life and finally get there with the financial assistance of the right lending opportunity.

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.

Friday, February 1, 2019

Dreams Come True with Cannabis Business Loans

If you are interested in getting into starting a cannabis business or want to further establish your medical marijuana business, the right Arizona Cannabis Business Loans can help put you and your business on the right track.

In the event that you are wanting to develop your cannabis business, a business advance might be the ideal arrangement. Putting resources into the property, showcasing, new gear or an extended stock would all be able to be great benefits from your advance. Arizona Cannabis Business Loans can help you take advantage of this growing niche market and have the money available you need to take advantage of these opportunities. Numerous entrepreneurs are seeing the advantage of putting resources into business credits at their very own organizations. At the point when dealt with the correct way and spent effectively, Arizona Cannabis Business Loans can be a perfect impetus for development at any business or organization. Expand – Future development of business has many related expenses with it. Entrepreneurs can utilize business credits to put resources into things, for example, another area or redesigning their pre-existing shop. A credit can even be utilized to enlist more staff to encourage your organization or cannabis business to be developed. Remove the worry from spending your operational assets on extension and rather coordinate your credit exclusively towards development and wowing your clients with energizing new changes. Purchase inventive hardware – If your business or organization is wanting to keep on inspiring clients and have the capacity to build up a top-rated item, you'll require gear that will stay aware of the needs of the current market. Take advantage of the growing cannabis community's needs and have the funding needed to purchase the right equipment or products. Business advances can enable you to finance hardware and even take care of the expense of sudden charges like fixes or spontaneous substitutions.

With the assistance of a business advance, your business or organization can develop higher than ever and achieve phenomenal overall revenues. In the event that you right now battle with low credit, a business advance can even offer you the chance to raise your FICO rating! With a credit, your chances are unending.

Start Doubling Your Income with Arizona Cannabis Business Loans

Owning a business is a costly procedure, however the assistance of a business credit can make it conceivable! Gain the money related opportunity your business needs to develop and prevail with an advance.

With any venture, it is vital to gauge the advantages and disadvantages so as to ensure it is the best answer for you and your business.

The right cannabis business loan can let you finally open a cannabis business or grow your pre-existing business so that you can take advantage of the exciting niche market. A credit can offer entrepreneurs the chance to roll out immense improvements that may prompt colossal income and benefit.

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.