Setabay Private Hard Money Lender

Sunday, March 24, 2019

Move into Your Dream Home with Colorado Hard Money Lenders

No credit? No problem! Learn how Colorado Hard Money Lenders are helping transform lives and get people into their dream homes with little to no money down.

You may think that you are many years away from the white picket fence life and dream house that you have always wanted. A poor credit score or other financial burdens may even leave you thinking that you will never be able to get into that dream home! However, Colorado Hard Money Lenders are making it possible for REAL people to move into the dream homes with exciting lending opportunities that require little to no money down.

This process of obtaining a lending opportunity with a Colorado Hard Money Lender is being practiced all throughout the United States and is not only gaining popularity for individuals who are hoping to build a career on the real estate market, people are also using hard money lending opportunities as a way to get into the house of their dreams.

The truth of the matter is that it is critical for your money related objectives and your budgetary arranging that you know and are well are of the advantages and disadvantages that can go with the entire process of flipping a property or buying properties. Buying properties is a hazardous activity with the intention of flipping because there are many inherent risks and things that can go wrong. However, this risk can lead to great rewards when done the right way! With the right financial backing and the assistance of Colorado Hard Money Lenders, you will be equipped with the financial tools that are required to succeed in the world of real estate. These types of exciting financial opportunities could not only be used to flip houses but can also be employed to help you and your family get into your very own dream home!

With Colorado Hard Money Lenders Opportunities are Endless

Hard cash and finding the correct hard cash money lenders to work with gives you an approach to start to obtain cash without experiencing the extensive procedure of utilizing the common practice that at a more conventional bank setting. The advances that you will get from hard cash are advances that originated from people or private financial specialists who can loan cash dependent on the property you're putting resources into as security. This is high hazard and high reward despite the fact that it begins off with a negligible venture in advance and should be possible regardless of whether you don't have a solid FICO score or past record of loan repayment.

Get into your dream home or build a career in real estate with the right Colorado Hard Money Lenders.

Financial assistance does not need to be a headache to obtain. You can achieve your goals and get the financial future you deserve by finding Colorado Hard Money Lenders near you.

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.

Arizona Hard Money Lenders Preparing for Busy Season

Real estate is always a good investment, but supply and demand fluctuates throughout the year. Arizona Hard Money Lenders are gearing up for the busiest time of the year.

What’s better than springtime in Arizona? We’ve got the mountain views, we’ve got the baseball, and most importantly, we’ve got the weather. When the weather warms up so does the housing market. The spring time is one of the busiest times of the year for real estate.

So what does that mean for you as an investor? That means you need to be ready to make purchases quicker as the competition heats up.

Arizona Hard Money Lenders Approve Quickly

Unlike traditional loans, Arizona Hard Money Loans are fast and investor friendly. Once the lender has a chance to review your financial plan they can make a quick approval. It’s even quicker if you come with all of your information in an easy to read and organized format that explains your budget for the home purchase, renovations, and any other fix and flip related costs.

Arizona Hard Money Lenders Fund Quickly

Just as Arizona Hard Money Lenders complete approvals quickly, their funding follows soon after. There’s no waiting around on your money. The quicker your loan gets funded the quicker you can get to renovations so you can get your home back on the market and money in your pocket!

When the market is as competitive as it is right now this is imperative to locking down an investment property. Homes are going under contract at rapid speed so you’ll need to make an offer on a property as soon as possible.

Arizona Hard Money Lenders like Level 4 Funding understand this and make fast lending decisions accordingly. Depending on the project, decisions can be made and loans can be funded in as little as a week, giving you the competitive edge against other investors looking to secure properties like you.

To set up an appointment to speak with us, give us a call and we can carve out dedicated time to hear about your fix and flip investment project and get started on your work with us, a Arizona Hard Money Lender dedicated to making your real estate investment dreams come true.

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.

Tips for Securing Arizona Rental Property Loans

It is always helpful to have a few tips when you are getting into a new business. These tips will help you to secure your first Arizona Rental Property Loans as you work to grow your passive income.

Even with the housing market well on its way to recovery after the crash, there are still some great deals to be found for real estate investors who are looking to create a portfolio of rental properties. But in many cases, these would be investors are not familiar with the process of securing Arizona Rental Property Loans. These tips can guide new investors on the path to a very profitable real estate investment career.

The first important piece of information for new real estate investors is that they will need to make a pretty healthy down payment to secure a loan for an investment property. This is because mortgage insurance does not cover investment properties. This means that lenders will require at least a 20% down payment. But if you can manage to make a 25% down payment you are likely to qualify for a better interest rate, which will allow you to enjoy a savings on interest over the entire life of the loan.

Another way to save yourself some money is to do everything that you can to increase your credit score before applying for Arizona Rental Property Loans. Most lenders are looking for borrowers to have a credit score of 740 or better for a loan on an investment property. If your credit score is lower than 740, you will have to pay anywhere from .25 to 2 points as an added fee to receive the lowest interest rate possible. You can request a quote for the total cost of the loan at the various interest rates, as well as the fees to buy down the interest to verify exactly how much you will save by reducing the interest rate.

Think Creatively

When you are seeking financing on an investment property be sure to check out all of your options. You could find that a private lender, a personal loan, or peer to peer lending is a better option than a traditional loan. And when you are exploring your options for making a substantial down payment, you should consider using a home equity line of credit, credit cards or even refinancing your personal home to use that equity for the down payment on your first investment property.

Finance Like A Pro

Loans for income properties are not quite the same as traditional mortgages for your family home. But using just a few tips to secure your first Arizona Rental Property Loans can help you to get a solid start on your real estate investing career. As with any financial decision, the more information that you have the better your decision will be. Invest the time in exploring and researching your options to begin your career as a rental property owner with as solid a foundation as possible. The reward for your time and hard work will be a great return on your investment and financial security.

Funding Your Arizona fix and flip loan and Expenses

A Arizona fix and flip loan is one that doesn’t conform to traditional lending criteria and payoff terms. Read below to find out why a these special loans have investors smiling.

Whether you’re new to fixing and flipping or a seasoned flipper, it’s an exciting adventure! It might not be as glamorous as television portrays the process, but it’s still an investment journey that can bring in the cash and give you creative freedom!

For a first time flipper, there are some expenses beyond your Arizona fix and flip loan that you may not be aware of so we’ve created a list so you can be prepared!

• Loan costs

• Insurance

• Property Taxes

• HOA

• Maintenance beyond repairs such as yard

• Selling costs

Each of these are going to run a different amount depending on where you’re buying and what you’re buying, but it’s a good rule of thump to have money set aside for each of these.

For example, if you purchase a home today, it might take you a month to fix it and a month to flip it. That means you’ll need money to cover two months worth of HOA fees and yard maintenance.

Beyond those typical costs, the costs of your flip are going to depend on the condition of the home and the necessary repairs and ideal upgrades. Having a solid financial plan for your flip is the first step you need to take so that you don’t go over budget and end up coming out on top once you sell the home.

Once you have your financial plan in place, you can contact a Arizona Hard Money Lender for your Arizona fix and flip loan. They will go over your plan with you and examine your budget to determine if it’s a good loan for them to make.

Once they’ve decided that your financial plan is solid and well thought out, they can decide to fund your Arizona fix and flip loan! Funding is quick through Arizona Hard Money Lenders so you can make your purchase and get started on your renovations as soon as possible.

Level 4 Funding specializes in Arizona fix and flip loans and would love to hear about your latest project. Give us a call today to speak with someone about your investment dream!

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, March 23, 2019

Make That Purchase Happen with Arizona Special Home Financing

When conventional loans aren’t an option, Arizona Special Home Financing might be the way to go.

Conventional loans and FHA loans are the typical way for home buyers to obtain financing, but the requirements can be strict and unforgiving. We all go through times in our lives that may force us to turn to credit to stay afloat and during the time you’re paying down that credit, it can be difficult to get a home loan.

Here are some tips for paying down your debt so that you can obtain a traditional loan:

Budget, Budget, Budget!

The best first step is to create a budget. List out every single expense you have each month such as rent, car payment, insurance, phone bill, gas, and groceries. If you don’t have a good idea of where your money needs to go every month, you won’t have a good idea of where you can save to put money aside to pay down debt.

Start High, Finish Low

It may be tempting to pay off the lowest debts first, but financial professionals will tell you to pay off the debt with the highest interest rate first so that you can still make minimum payments on the other debt with lower interest rates.

Balance Transfers are Your Friend

This is a great way to navigate around those high interest rates so that you can make a bigger dent in your debt. This is an advantage to you if you can pay off the amount before the higher interest rate kicks in after the transfer.

Most importantly, if you need to purchase a home in the meantime, Arizona Special Home Financing might be the way to go for you. With flexible terms it can mean being approved and funded while you’re paying down your debt in order to obtain conventional financing on your home.

Call Level 4 Funding today to learn more!

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.

7 Options for Arizona Rental Property Loans

Many new real estate investors are unaware of their options for borrowing. But exploring these seven options will allow borrowers much more flexibility when securing Arizona Rental Property Loans.

As a new or prospective real estate investor, you might not have any idea that there are over half a dozen options for you to consider when you are seeking Arizona Rental Property Loans. But for the savvy investor, there are a lot of options besides the standard conventional mortgage from a traditional bank or mortgage company. Which is very good because banks often have very stringent criteria for lending' which makes it difficult to get a bank loan for an investment property.

A fix and flip loan is a short term loan that is often used for an investment property. These loans are not as difficult to secure as a traditional mortgage because the property is used to secure the loan. But the lender does still look at the borrower's credit score to determine if the borrower will qualify for the loan. Arizona Private Money Lenders are another resource that is very similar to the fix and flip loan. These are people who make loans based on the value of the real estate being purchased rather than the borrower's credit score. These are also short term loans, but they are much easier to qualify for.

Seller financing is another great option for Arizona Rental Property Loans. In this case, the buyer is making an agreement with the seller to make monthly payments on the property. The terms of the contract are similar to a traditional loan, but a loan from a seller can be more flexible with some of the terms. If the seller is not interested in providing financing then you might also want to consider a real estate partnership. In this case, you can determine who to partner with, and what that person’s contribution will be. Some partners only provide cash and remain silent regarding the function of the business, while others are actively involved in the investment business.

Finance Yourself

If you own a home then you also have the option to finance a loan to yourself. In this process, you would secure a home equity loan against your personal home or a home equity line of credit. This is like getting either a second mortgage on your home to use the equity or a new mortgage if your home is paid off. Finally, many 401K accounts are structured to allow you to take out a loan against your retirement savings. If you have a 401K that offers this feature, then that is the perfect way to finance a rental property as you are paying the interest to yourself as you pay back the loan.

Explore All The Options For Arizona Rental Property Loans

As a real estate investor, the only priority that you have is to get the best deal possible on a loan so that you increase your profits. No one type of loan is perfect or will fit every borrower’s needs. Investing time in research will pay off when it comes time to calculate your return on investment so that you can make an additional purchase and grow your business.