Setabay Private Hard Money Lender

Sunday, February 3, 2019

ALL ABOUT ARIZONA CANNABIS DISPENSARY LOANS

The need for financing of cannabis marijuana business operations is booming with the legalization of medical marijuana in Arizona.

In 2016 legal recreational and medical cannabis states generated between $16 to $18 billion. By 2021 it is projected to reach $68 billion. These figures do not include other cannabis related industries such as doctors and growers. There are numerous jobs that are being created due to the legalization of recreational and medical marijuana. These people then spend their money at other businesses. This money ends up paying local and state taxes—these businesses lead to benefits for real estate and construction, as well. The bottom line— legal marijuana is a booming business and one that could result in a lucrative investment.

HOW TO GET ARIZONA CANNABIS DISPENSARY LOANS

As of today, cannabis dispensaries cannot get small business loans through FDIC insured banks due to their regulations. Even though marijuana and cannabis products are legal in many states they are still considered a Schedule I drug by the DEA and the FDIC doesn’t approve of cannabis related business. Banks that approve loans to dispensaries will be subject to prosecution on the federal level. Private money or Hard Money Loans in Arizona are seemingly the only way to get a dispensary loan, as of now. Private loans can provide dispensaries with the capital needed to grow their business. Many investors will provide funding for growing rooms, marijuana kitchens, dispensaries and even websites.

Private money lenders look at investments in a different light than do traditional banking institutions. It is common for a private money lender to look at a project in a “what is needed in the community” way versus “is this too risky.” Private money lenders are not scared to take a risk, in fact that is what their business is all about—risks paying off.

There are various loans that can provide funding for marijuana cannabis dispensaries through hard money and private money lenders. A Bridge loan is a loan you can get through a hard money lender. You can use these for short term funding in order to expand your services. A hard money lender can offer you a short term, higher interest dispensary loan that will fund your company. Many investors will also be willing to take a stake in your company, as well. This could result in your loan being a larger amount and interest rates possibly being lower. Cannabis dispensaries are also allowed to raise up to $1,000,000 per year through crowdfunding. However, equity crowdfunding is unlike normal crowdfunding. Equity crowdfunding means the investors will be financial partners in your company and will get a piece of your company. The benefit is you won’t pay interest on the funds you raise. However, the backers will continue to benefit from your profits.

Arizona is relatively new to the legal cannabis business. Opening a dispensary can be a profitable business.

Because you will be receiving funds from non-traditional sources it is important you understand that these firms are taking a huge financial risk by approving funding to a cannabis based business. It is important to find an investor that has knowledge of Arizona cannabis dispensary loans and can guide you through the process.

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.

Saturday, February 2, 2019

The Advice I Wish I Knew Earlier About Private Money Lenders

I’ve been saving pennies trying to make my investment dreams come true. When I finally found private money lenders, I was finally able to reach my goals. Read on to discover my personal story about working with private money lenders and what I wish I had known sooner.

Don't just take our word for it about hard money lending opportunities! We've collected personal success stories from real people and are now ready to share them with you. We have kept the name anonymous but read on to discover just how much of a difference hard money lending opportunities can make. Success Story by John D.;

“After going through a terrible divorce, my credit rating and personal finances were in absolute shambles. I was bored with my day-to-day desk job and was still barely getting by. I wanted to provide for my kids and wanted them to be proud of their dad when they came to visit on the weekends. Fast forward a couple months later and I was only getting worse. I stumbled across a blog post about hard money lending opportunities in my area and at first, I was confused. How could a loan be available for a person like me with an absolutely terrible credit score?

The more I read, the more I found out that hard money lending opportunities and private money lenders are able to use the properties that are invested in as collateral. This meant that for people like me that have low credit scores, we could still get started with real estate investment. With a Arizona Hard Money Lender, I was able to purchase my first property and have the money to renovate it. While I am handy when it comes to tools, there were some factors in the property that needed to be renovated that I couldn't do on my own. The hard money loan in Dallas Texas that I used was able to give me the funding to purchase the property and have enough set aside to pay for independent contractors to make the repairs. When all was said and done, I was able to sell the flipped property for a huge profit and made a return on my investment. With that investment, I was able to purchase yet another property. The deals got bigger, the houses got more expensive, and I finally was able to pay off my credit card debt. Now, my kids are proud to call me their father."

Get Inspired and Find Private Money Lenders for Your Goals

The time is now to act with your financial goals and looking for the right lending opportunities in your area.

Opportunities like this do not last forever so it is important to get started sooner than later while the real estate market is thriving.

Private money lenders or hard money loans can give you the financial freedom you deserve to change your life and finally get started with investing in the real estate market. Imagine what a career in real estate investing could do for you and your family.

How to Make Money with Commercial Real Estate Loans

A career working in the real estate market can allow you to triple your income over time and help you dramatically change your lifestyle for the better. Learn how to make money with the right commercial real estate loans so that you can start living your best life today.

Is it accurate to say that you are hoping to put resources into property however don't have sufficiently high enough of a financial assessment or credit score to do as such? Try not to give poor credit a chance to keep you from following your aspirations or financial goals and figure out how to locate the ideal loaning options for your business or organization. An awful FICO rating or poor credit assessments does not need to totally characterize you or your business credits. Putting resources into property can become genuinely plausible without having to worry about your lower credit rating. Try not to wait in the hope of trusting that your score will rise before bouncing on your business objectives or the next great investment option. Develop your FICO assessment and accomplish your monetary objectives by discovering speculation property advances that are accessible even for people with low FICO scores.

A hard cash money lender is a legitimate alternative for some people looking for a loaning opportunity and that likewise have a poor FICO score. Since hard cash money lenders are private loan specialists, they don't work with banks. This implies you can build up an individual relationship with a lender instead of having your financial assessment and similarly your lower than average credit score represents you. There is an assortment of organizations anxious to put resources into the objectives of littler organizations and businesses! Networking with business pioneers in your general vicinity could enable you to discover private cash loaning openings in your area. These open doors could work with you without you having to be stressing over your lower FICO score. Your credit score does not have to be a burden. Look into hard money lending business partners. If you can't get positive credit without anyone else, finding a colleague might be a useful arrangement. A colleague can enable you to discover openings, for example, venture property advances, and help you with the assets or FICO score expected to pursue your objectives.

Start Growing Your Income by Choosing Commercial Real Estate Loans

Keep in mind that you can still accomplish your business dreams by paying little mind to a lower FICO score! Try not to give a poor credit a chance to score get among you and your business objectives.

Find the right lending opportunities in your area to finally turn your life around and get started with investing in real estate.

Follow your dreams by settling on better business choices and characterize a more promising time to come for yourself. Stamina and perseverance are vital to finding an effective loaning opportunity notwithstanding when you right now have a lower financial assessment.

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.

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!

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.

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.