Setabay Private Hard Money Lender

Sunday, April 7, 2019

How to Turn a Rental Property Loan into a New Source of Income

Have you ever dreamt of pulling down an income without having to punch the clock and toil 9 to 5 at an office? Getting a Arizona rental property loan and buying an investment property might be the solution. Here's how to make it work for you.

It's hard to call an investment property passive income because there is work involved. As a landlord, you'll be on call to make repairs and you'll have to collect rents every month and do cleanings between tenants. However, many people find it preferable to working a 9-to-5 job because you get to work for yourself, the hours you devote to it pay great dividends and the work can be enjoyable.

Here's the problem; it takes a fair amount of capital to get started (the old "you have to have money to make money" axiom is quite true here). There's the upfront cost of buying the investment property, then there's the cost of getting the place ready for renters and there are all sorts of taxes and fees on top of everything else.

So where do you get funding for a rental property? One option is to go through the bank. The banks will offer relatively low interest rates, but their loans can be difficult to qualify for. In fact, they'll dive into your financial history and dig up everything; they'll poke into your bank account and they'll want you to have a great credit score. If you don't meet their standards, you're out of luck. Thankfully, there's an alternative.

Hard Money Rental Property Loans

Hard money Arizona rental property loan work differently. Your property is your collateral, so lenders aren't going to freak out if your funds are low or you've had financial issues in the past. They're also lightning quick — most people can get pre-approved in 24 hours and have funding in a matter of days. The interest rates are typically higher, but many people use hard money to get started before switching to a more conventional, long-term loan.

Rental Property Loans at Level 4 Funding

Looking for a Arizona rental property loans in Arizona? You've come to the right place. We offer super fast approval and funding (in a matter of days) and we have some of the most competitive interest rates in the state (starting at 7.99%). There are no prepayment penalties and you can get loan-to-value loans of up to 90%. We also have flexible loan terms. How flexible? Give us a call today and let's talk about how we can help make your rental property dreams a reality.

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, April 6, 2019

Looking for Fix and Flip Loans in Arizona?

Ready to do a flip in Arizona and need funding? We're here to help. Give us a call and we can answer any questions you have, address your concerns and help get you on the road to profit!

Hard Money Lenders Offer a Wide Range of Loans. Which One is Right for You?

Unlike some banks, Arizona hard money lenders don't just offer a single, one-size-fits-all loan. They offer an array of useful funding options. So which one is right for you?

If you've been turned down by the banks or you just like the flexibility of Arizona Hard Money Loans, you might be ready to try one. Here are some of the types of loans that lenders like Level 4 Funding offer:

Rental property loans. Rental property loans are designed to help you buy a rental property. They're also sometimes called investment loans because they're used to buy investment properties for semi-passive income.
Fix and flip loans. Looking to purchase a home, rehab it and resell it at a profit? Fix and flip loans are perfect for this. They're easier to qualify for, they're fast and they have terms specifically designed for the flipping process.
Bridge loans. Bridge loans are exactly what they sound like — they help you get from one loan to the next. They're most often used for homeowners who want to buy a new home before selling their old one.
Construction loans. Planning to build a spec home or a residence from scratch? Construction loans are the ideal choice; they're tailored to help builders finance everything from the lot of land to the materials and everything in between.
Commercial real estate loans. Commercial real estate is things like offices and retail spaces. In other words, structures that are not meant to be lived in. Buying commercial real estate is a whole different animal than residential real estate and the terms of commercial real estate loans are custom made to meet those unique challenges.
Residential loans. Residential loans help homebuyers purchase a home they intend to live in. This could be a single family home, a condo or a townhome.

Applying for a Loan from a Hard Money Lender

Applying for a loan from a Arizona hard money lender is typically easier than applying for a loan from the bank. Arizona Hard Money Loans use an asset (like a property) as collateral, so there's no begging or jumping through hoops. In fact, you just sit down with a lender, tell them your plans, provide some documentation and the process gets started. Many loans of this type can be approved in a day and some can even show up in your account within a week or so.

Hard Money Lenders in Arizona

If any of those loans sound like a fit for your goals, give us a call here at Level 4 Funding. We're Arizona hard money lenders who have been doing it for decades. We'll listen to your dreams, answer your questions and do everything we can to help you get the funding you need.

Colorado Private Money Lenders: Institutional Versus Non-Institutional Lending

Colorado Private Money Lenders are investors. In order to invest, they pool together large sums of money, multi-million-dollar sums or greater. Some private investors have access to personal wealth and invest individually, other private investors are part of an investment group who together pool sufficient funds in order to lend. Whether an individual or a group, the concept is the same: a non-institutional source of money to be invested in monetary ventures.

To understand non-institutional money, let’s start with what institutional is. Institutional money is money lent out by banks and credit unions. Institutional lenders receive money from the Federal Reserve. Since this money comes from an institution, it is heavily regulated. Regulations, for example the Dodd-Frank Act after the last recession, determine under what conditions and to whom can banks lend out institutional money. This culminates in the stress of applying for loans: institutional money entails stringent checks on income, credit worthiness, credit history, equity, loan-to-value, debt-to-income, et al.

For many individuals in need of loans, sizing up to institutional mandates can be intimidating or even momentarily impossible. This is why Colorado Private Money Lenders serve a twofold purpose: First, they invest in individual or commercial ventures in order to secure monetary returns in the form of interest. Second, they offer a line of credit in a variety of situations for those who need it.

Get Non-Institutional Funds from Colorado Private Money Lenders

Colorado Private Money Lenders are considered non-institutional because their funds do not come from the Federal Reserve, but rather the pockets of individual investors. Due to this being the case, Colorado Private Money Lenders are less restricted by federal mandates. With fewer restrictions, they can loan to individuals with rotten credit, nonconventional income, bankruptcy delinquencies, and foreclosure history. Other benefits of Colorado Hard Money Lenders are that they increase local investment and economic activity, they help to build communities and family incomes, they help individuals enter into real estate investment and secure long-term returns. This and much, much more.

“Access funds directly from Colorado Private Money Lenders—Talk to your broker at Level 4 Funding today!”

If the banks have turned you down and you need a helping hand, talk to your broker at level 4 funding. Level 4 Funding has access to a variety of Colorado Private Money Lenders and is able to get you the funding that you need. Level 4 Funding has a long history of helping individuals interested in real estate investment, home acquisition, home refurbishment, Colorado Bridge Loans, and commercial lending. Get in touch today. Interest rates start as low as 5.99% APR.

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 Hard Money Lenders Can Finance Your Dispensary

Arizona Hard Money Lenders are the main answer to the financial woes of Arizona’s cannabis industry. Just as they have helped countless businesses establish a foothold in the market, Arizona Hard Money Lenders are here to help individuals reap the benefits of the cannabis industry. Rates for dispensary financing start as low as 7.99% APR. No begging the banks, no lines, no bureaucracy, and no credit required. Consult your broker who knows the ins-and-outs of cannabis in Arizona.

The potential of cannabis in the United States is legion. Frankly, already, the industry’s multi-billion transcendence has baffled many on Wall Street. Why is it here, where did it come from, where is it going? Well, according to recent market suggestions, its going threw the roof, the heavens, and to the Nirvana of all investments.

While many states are still debating the ins-and-outs of legal, medicinal, and recreational regulation, many businesses are raking in over a million per dispensary. Not a bad chunk of change. That being said, there are varying difficulties getting into the game: acknowledging that medical marijuana is only accepted on a state level in Arizona while remaining illegal federally, jumping through the costly and bureaucratic hoops to start a medicinal cannabis dispensary, locating optimal real estate options, and finally finding the funding for a commercial and legal grey area.

Of all of these, funding may be one of the greatest challenges when it comes to cannabis dispensary startups. Most businesses need money to set the wheel in motion. Many individuals have significant funds saved away, but not an overwhelming amount needed to purchase real estate, inventory, and pay various employees at the inception of a commercial operation. Adding to these challenges are conventional lenders. While taking out a business loan from conventional lenders can be a challenge for even conventional business archetypes, it is a hundredfold in regard to cannabis. Frankly, banks will not lend to medical cannabis dispensaries because federally they are considered illegal while regional they are not. Risk.

You Can Get Financed Now Through Cannabis Hard Money Lenders

So, who lends to cannabis dispensaries, especially within the state of Arizona. Answer: Arizona Hard Money Lenders. Arizona Hard Money Lenders are the main answer to the financial woes of Arizona’s cannabis industry. Just as they have helped countless businesses establish a foothold in the market, Arizona Hard Money Lenders are here to help individuals reap the benefits of the cannabis industry.

“Consult your broker who knows the ins-and-outs of cannabis in Arizona. Apply today and start the business you have always dreamed of creating with Level 4 Funding.”

Level 4 Funding has years of experience and representatives with extensive experience in the cannabis industry. Rates for dispensary financing start as low as 7.99% APR. No begging the banks, no lines, no bureaucracy, and no credit required. Consult your broker who knows the ins-and-outs of cannabis. Apply today, find Arizona Hard Money Lenders, and start the business you have always dreamed of creating with Level 4 Funding.

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.

Ready to Supercharge Your Income? Fix and Flip Loans Can Help.

Whether you want to supercharge your income by buying and flipping houses professionally or you just want to do some weekend-warrior rehabbing for some side income, a Arizona fix and flip loan may be able to help.

From HGTV stars to celebrities and everyday people, flipping is super hot these days. Find a distressed property, put some money into fixing it up and sell it for a profit. Seems simple, right? While the reality can often be more complicated than this (there are always surprises, hidden costs and market fluctuations), the truth is that you can make good money flipping. In fact, the national average for a flip in America is around $30,000 and in some states, it's much higher. In Pennsylvania, for instance, the average time to flip was 199 days and the average profit was $105,190 per flip, according to CNBC.

Flipping will also bring you a lot of skills. Some flippers hire out the work of rehabbing a home, but most learn how to do much of the work themselves. In so doing, they're learning the ins and outs of installing flooring, putting in new kitchen cabinetry and redoing the landscaping and lots of other useful skills. You'll also learn the market, understanding how the buying and selling process works and knowing what buyers are looking for when it comes to housing upgrades.

How to Finance Your Flip

Here's the tricky part. You need a lot of upfront money to flip a home, including cash for the purchase and plenty of capital to do the rehab. Banks will do traditional mortgages, provided you have a great credit score, lots of money for a down payment and no issues in your past like a foreclosure or bankruptcy.

Here's a better option — hard money Arizona ix and flip loans. They're tailored specifically for flips, so they offer a range of advantages. First, approval is quick. Pre-approval can be done in a day and funds can be in your account in a week or two. Second, their terms are short — usually a year or less — which gives flippers just the amount of time they need to purchase, refurbish and resell a property. Finally, the loan is secured by the property, so there's no extensive checking of credentials, making them perfect for people who less-than-stellar credit or a blemish on their financial history.

Establish a Foothold in the Cannabis Industry with Arizona Hard Money Loans

With a cannabis business plan, a location, and an idea of possible returns, securing the money is the next big step. However, if financing is needed, the banks will say no. Arizona Hard Money Loans are the best option for cannabis dispensaries in Arizona.

As of 2011 with the Medical Marijuana Act in effect, the ADHS (Arizona Department of Health Services) began to accept applicants care givers and card recipients. Nearly a year later in 2012, state-regulated dispensaries began to appear. Currently, there are more than 150 dispensaries in Arizona. Dispensary applicants must pay an application fee of $5000, must have three years of Arizona residency minimum, must employ a licensed doctor, and must only be affiliated with one dispensary.

According to ADHS’s Medical Marijuana Report, 121,915 pounds of marijuana were sold in 2018 in Arizona alone. The estimated value of Arizona’s medical marijuana market surpasses $400 million dollars, and it only continues to grow. This growth is enticing many to invest in a market of growing returns, despite the legal grey area and inherent risks associated. Marijuana could possibly be the new Mecca of investment. Trends suggest increasing use per capita, growing consumption of current medical marijuana users, and increasing lobbying to mitigate state and possibly federal regulation. The takeaway is that cannabis is a $400 million industry on a state level and a multi-billion-dollar industry on a national level. Despite the legal hurdles and the state versus federal conundrum, getting into the legal cannabis business today could equate to undreamt earning potential in the future.

Planning, research and funds play a huge role in the medical cannabis industry. First of what, where, and when. What is the business’s focus? Is it focused primarily on cultivation, clinical consultation, or retail. Where? Locating an area in accordance with the ADHS’s CHAA regional guidelines can be a challenge. Where will your dispensary find the right niche to sell its products, what type of real estate is needed, and where will the funds come from to purchase the dispensary’s infrastructure.

Arizona Hard Money Loans Can Help Grow Your Cannabis Dispensary

Though the application cost is only $5000, other financial elements should be established beforehand. With a business plan, a location, and an idea of possible returns, securing the money to put things into motion should come to mind. If financing is needed, the banks will say no. Arizona Hard Money Loans are the best option for a dispensary in Arizona.

“For Arizona Hard Money Loans, talk to a broker at Level 4 Funding today!”

Arizona Hard Money Loans are available through a hard money broker. Find the financing options that are right for your cannabis dispensary. For Arizona Hard Money Loans, talk to a broker at Level 4 Funding today!

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.