Setabay Private Hard Money Lender

Monday, March 25, 2019

Short Term Private Money Loan Means Long Term Income

Arizona Private Money Loans aren’t just for fix and flips. They can be used for long term investments such as rental properties as well.

Arizona Private Money Loans are best known for funding quick investments like fix and flips, but you may not know that it can be used for long term investments like rental properties.

The main reason to go with a Arizona Private Money Loan is because it can be funded quickly and without the restrictions of traditional loans such as credit requirements. The Arizona Private Money Loan is going to come with a higher interest rate which is an incentive to pay it off sooner rather than later, but the ability to get your loan funded quickly is a definite pro.

When an investor is looking at purchasing a rental property for long term investment income they may not be able to meet the traditional lending requirements and that’s where we come in. We can allow the investor to purchase the property quickly, start making income, and fund with a Arizona Private Money Loans until a traditional loan is within reach for the investor.

Here are some ways to boost your chances of getting approved for a traditional loan to replace your Arizona Private Money Loan on your rental property.

• Boost your credit by paying off high interest balances

• Work with a credit repair company to correct errors on your credit report

• Speak with a lender to determine where your debt-to-income ratio needs to be

• Avoid incurring any new debt

• Stay at your job to have consistent employment history

Speaking with a professional credit repair service and a mortgage professional are surefire ways to get yourself on track to be approved for a traditional home loan. They can offer guidance that is personally tailored to your situation and what you yourself need to do to qualify for a traditional loan

In the meantime, if you need a short term Arizona Private Money Loan to fund your rental property, give us a call at Level 4 Funding to discuss your options.

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.

Sunday, March 24, 2019

Why Colorado Private Money Lenders are the Perfect Lending Solution

Tired of being denied for a loan at the bank? Visit a Colorado Private Money Lender today to learn more about private money lending solutions that don’t require you to have a perfect credit score.

A poor credit score can sometimes feel like an overwhelming burden. Has your low credit score kept you from being able to be approved at a loan at a bank? It’s time to stop walking in circles and getting stuck! Choose a hard money lending solution instead of a traditional broker and finally have the financial freedom to get into your dream home or start making big real estate investments.

Colorado Hard Money Lenders don’t function like more traditional money lenders and can be the perfect solution for someone with a poor credit or someone that does not have a lot of experience with lending.

Wondering how to get started searching for the right Colorado Private Money Lenders? A private speculation opportunity can be the ideal solution for you on the off chance that you don't have a decent FICO assessment. How would you locate the correct moneylender for your circumstance? What is the most ideal approach to pick a bank in your general vicinity?

Pick credits from individuals you currently know or are familiar with. When beginning, the best approach might be to find anyone willing to give you the assets you have to begin putting resources into your financial ventures and real estate goals. If you are just starting out, you may not have adequate resources to go at it on your own so finding a business partner of sorts can be an ideal approach. You’ll have more leveraging power when you seek out money lenders.

Attempt to begin engaging with your nearby real estate market contributing network so you can begin to develop the crucial and beneficial associations that may prompt different ventures. During this process, you can meet new individuals and begin to prompt new business ideas or open previously closed doors. Attending as many networking functions as possible will enable more individuals to find the opportunity to know you.

Get the opportunity to start to work your way towards all the harder cash loan specialists that can open more entryways for you. Regularly, these moneylenders are specialists in the sorts of advances that are important for flipping real estate projects and different ventures, and they work quite uniquely in contrast to conventional banks.

Choose the Right Colorado Private Money Lenders for Your Goals

The right hard money lending opportunity can be a gateway for you and your family.

Do your research and get familiar with the various real estate networks in your local area.

Don’t be afraid to ask the hard-hitting questions and to introduce yourself to as many people as possible. Colorado Hard Money Lenders are here to help your dreams come true!

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 Rental Property Loans: What You Need to Know

The passive income from a rental property is a great way to grow your cash flow. Arizona Rental Property Loans from Arizona Hard Money Lenders allow you to buy a property to use as a rental.

Rental properties have long been a go-to investment for those who want to boost their earnings portfolio. Investors use Arizona Hard Money Lenders for their Arizona Rental Property Loan because it’s a quick way to get the cash needed to make a purchase. But what happens once you have the property?

Here are some tips for successfully managing a rental property.

Set the Right Rental Price

There are many factors that go into pricing a rental property. Is it close to schools? Is there a noisy train track near by? What are other rentals going for in the neighborhood? The best way to determine a rental price is to consult a real estate professional who can crunch the numbers. Setting the price too high will keep you from getting a tenant and setting the price too low leaves you missing out on potential income.

Don’t Break the Law

There are important fair housing laws that simply can’t be ignored by landlords. Tenants are protected in various ways and the worst thing you can do is violate a tenant’s rights and find yourself in legal trouble. You can find this information online or again, consult a real estate professional.

Advertise Your Rental

The next step is to find yourself a tenant so you can start paying back that rental property loan. There are plenty of sites to advertise your rental like Zillow and Trulia. You’ll need to be prepared to run credit and background checks to vet your potential renters and also have access to a lease contract.

All of these things are extremely important and due to the precarious nature of the fair housing laws, it may be beneficial to consider using a property manager to ensure you are covered legally.

If you’re interested in stepping into the realm of rental properties, consider getting a rental property loan from a Arizona Hard Money Lender like us, Level 4 Funding. We would love to help you get started on your investment journey!

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.

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.

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.

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.