Setabay Private Hard Money Lender

Friday, April 12, 2019

Start Earning Now: Get the Spec Home Financing Today!

Don’t let the big bad banking system get you down. Get the speck home financing you need to build on property. Level 4 Funding is here to help you get a return on investment in a market that is heavily demanding new homes to be built. Time and time again Level 4 Funding has acquired spec home financing for its numerous clients. With professionalism, experience, and a favorable track record, Level 4 Funding is here to help you earn more today.

Wow! The bank frowns upon financing property without any sound buildings upon it. That’s a problem, because right now, it’s a builder’s market. There are not enough homes in the industry to satiate the needs of the buyers! Whatever are speck home builders going to do? Well, they are going to go to hard money lenders like the usually do to get the financing that they really need.

Banks and credit unions are bound by more rigorous restrictions than hard money lenders. Banks especially have one hand tied behind their back regarding the deals that they can accept and the rates they can give. Hard money lenders save the day when it comes to real estate investing. These lenders can offer financing where none can be found. They can also offer financing until conventional financing can be obtained.

This is especially beneficial for spec home investors who need to buy property in order to build commercial or residential buildings. Hard money lenders are not afraid of land. Some may require that utilities be connected before hand or that the land be locating in a favorable retail area should they need to liquidate. Nonetheless, they lend frequently and help spec home builders earn a profit.

Get Spec Home Financing Today!

Look no further—Level 4 Funding, your hard money broker, has lent millions of dollars in financing to real estate investors throughout the nation. Time and time again it has acquired spec home financing for its numerous clients. With professionalism, experience, and a favorable track record, Level 4 Funding is here to help you tackle the favorable spec home market.

Earn now. Call your broker at Level 4 Funding today to find out the spec home financing terms and rates that you qualify for.

Call your broker at Level 4 Funding today to find out the spec home financing terms and rates that you qualify for. Speck home financing is here to provide the financing in order to acquire the earnings that need.

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.

How an Arizona Bridge Loan Can Alleviate Stress

An Arizona Bridge Loan is money that is lent by a bank or investor to cover the interval between two transactions. A typical example is when a person is buying and selling a house.

Selling your home or buying a new home can be two extremely stressful times. Sure, it it exciting. However, it is that in between time that can easily cause anxiety for a buyer and seller. An Arizona Bridge Loan is simply a short-term loan that is used in both residential and commercial real estate.

Borrowers take out Arizona Bridge Loans when they want to buy a new house before selling their old house. Arizona Bridge Loans can ease this process and allow homebuyers to sleep at night. Arizona Bridge Loans can be structured in various ways depending on the situation. However, typically an Arizona Bridge Loan will be used to pay the mortgage off of the borrower’s old home. Usually, an Arizona Bridge Loan is interest only throughout the loan’s life—and a balloon payment is required as the last payment. This gives the homebuyer an opportunity to purchase a new home without paying two mortgages at once. Arizona Bridge Loans generally are only a few months, but some may last up to two years.

How Much Will I Pay Each Month For My Arizona Bridge Loan?

This is a question that has many variables to it. A borrower must factor in their new purchase price, how much cash they have to put down on their new home, how much their first mortgage, loan term and interest rate are, the Arizona Bridge Loan interest and the anticipated Arizona Bridge Loan term.

Let’s assume the following to give you an idea of what a borrower would be paying if they were to take an Arizona Bridge Loan and pay off their first mortgage monthly.

Ken finds a home for a purchase price of $250,000. He has $10,000 available to put down on this new property. His old mortgage was $180,000 for 360 months with an interest rate of 6.5%. His Arizona Hard Money Lender is approving him at 7.99% with a 24 month term. With those numbers Ken would be looking at his Arizona Bridge Loan payment of interest only at $399.50. So, instead of paying both mortgages until the old property sold—he is paying a total of $1,532.22 per month ($1,137.72 on his new mortgage and $399.50 for his Arizona Bridge Loan). Once Ken sells his old property he can take that money and pay the balance on the Arizona Bridge Loan—while he pockets the profit.

There is absolutely no reason to live in financial stress while you wait to sell your old home.

Depending on the market you live in it is highly plausible you may only be paying on your Arizona Bridge Loan for a couple of months. But, in the case that your home takes a little longer to sell, you have peace of mind not having to shell out two mortgages a month. See an Arizona Hard Money Lender and find out how they can take the stress off of 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.

7 Tips to Find Wholesale Properties to Acquire Funds to Invest with Hard Money Lenders

Finding wholesale properties is a doorway for many into real estate investing. Though it is a trade that takes some time to learn and get used to, it is a great segway into learning the basics of a trade and establishing a basis of networking. Wholesaling helps many acquire the funds to secure financing from hard money lenders.

Call real estate advertisements on billboards or posters and ask for deals that they are not willing to take. Should they accept, these individuals will forward sales opportunities to you in large quantities. Though they may not be the cream of the crop, they offer a potential sell. Mill through enough bad ones, and you just might find the diamond in the rough, meaning a possible couple grand in your pocket.

Craig’s List ads. Check out the site. Though it may be lacking in digital opulence, it is still a hotspot for modern commerce in many industries. Look through the ads, and find properties that look distressed or in need of a fix up. Who knows, you may be able to make a low-ball offer and score a deal that can wholesale to other investors. Rent ads. Who is renting out property in your area? Maybe they are tired of dealing with difficult tenets, finding new tenets, repairing, or driving long hours to repair or manage. Sometimes you might just be the saving right hand of God, full of cash and brokering a deal with investors willing to pay money to renovate.

Pre-Foreclosures. Sometimes, people may be destined to an ill-fated end. However, setting them up with real estate investors eager to purchase their property, may just save the day for them and fill your pocket with some jingle-jangle.

Wholesale to Later Invest with Hard Money Lenders

Owners behind on utility bills. Maybe these individuals are in over their heads. Difficulties in life may make them more favorable to a cash offer on a promising bit of flip property. The only way to find out is to research those who are behind and to make an offer. Vacant and/or boarded up houses. If no one is in the house, someone is paying property tax. Help others out of a property bind by offering cash for uninhabited houses. This may be an opportune way to get a great deal.

Hard money lenders like Level 4 Funding are here to help you get into the real estate business.

Networking and driving for dollars. Keep talking to your network and driving around town looking for any of the prior property types. Eventually, the right deal with appear offering you a way to acquire a profit. With increased profit and increased sales, finding loans form hard money lenders. Becomes a greater possibility. Hard money lenders like Level 4 Funding are here to help you get into the real estate business. Start small, raise money to invest, and find the hard money lenders that are right for you.

Thursday, April 11, 2019

Wholesale for Money, Invest with Hard Money Lenders Afterwards

Find wholesale properties until you can earn enough money to invest in real estate with the help of hard money lenders. Make extra money each month and build up a base upon which you can begin to invest and make more money today.

Sometimes you just don’t have money to break into the real estate industry or even cough up the loan-to-value to tap into money from hard money lenders. Not to worry. Many times, it takes people years of saving or a bit of hustle to get into the real estate industry. Being too short on savings to invest drives many to find wholesale-real-estate units to sell to other real estate investors. Finding homes to wholesale is a great way to break into the real estate industry because it builds an understanding of supply and demand, market value, and networking.

What is a wholesale home? Well, when it comes to real estate investment, wholesale homes are homes that can be bought under average market value, be renovated, and be rented or sold for a profit. Usually a wholesale home is a distressed home that needs some tender loving care. Finding these distressed homes takes work—but offers rewards.

Where to start. One of the ways many people start finding wholesale property is by “driving for dollars.” Driving for dollars means cursing your neighborhood to find homes that have need of repair, have no inhabitants, and have elderly residents tired up upkeeping. Maybe add to the list individuals who rent out properties that are tired of driving long distance to manage. Nice. Sometimes finding these individuals takes looking at property tax records to find the owner, Facebook ads soliciting renters, and more. Nonetheless, the method doesn’t change. Drive, search, locate, and send a friendly message. Say that you are a real estate investor interested in acquiring property, and you are interested in offering a price for said property. Many wholesalers drive and send a personal letter to the owner with a name and number to contact:

Dear John Doe,

You are. You buy real estate locally. You’d like to offer a cash value for the 1111

CAMBRIDGE RD property in Phoenix, AZ. After negotiations, can close as quickly

as 10 days. If you are interested in selling, please call or text us at (XXX) XXX-XXXX.

Wholesale to Secure Investment Funds for Hard Money Lenders

Upon response, the wholesaler has a researched offer to give to the owner. Upon negotiation, if the amount is not accepted, or closely reached, many wholesalers will leave the offer on the table and walk away. Walking away gives the owner time to think about the money presented before them and come to a conclusion. Many times, leaving an offer on the table results in a sell down the road. If you get the approval, make sure you have researched local real estate investors who are willing to purchase the property. Mark the property up several thousands of dollars to compensate your effort, then repeat.

Save money, wholesale, and invest with hard money lenders.

Over time, and with a sufficient number of wholesale clients, you may just have enough money to start to invest in real estate on your own. Enough money to contact hard money lenders who can help you into the real estate industry. And that’s the gist: save money, wholesale, and invest with hard money lenders.

The Real Deal on Flipping Houses in Arizona

Most people believe that you need money to make money. For the most part, that is accurate. However, there is a way to fix and flip a house with no money down—you just need the right lender.

Investors typically achieve flipping houses in Arizona with no money down by wholesaling properties and using their own money. Good news! That is not the only way. Another way to flip a house with no money down is to find a lender that offers 100% financing. Hard money investors are the “go to” when it comes to rehabbing a property. Their application process is simple—usually a borrower can apply online and be approved within 24 hours. Once approved, funds are typically available within 10 business days.

How Can I Flip A House With Zero Down?

Many people new to flipping houses in Arizona believe they have to have a large amount of money saved to get started. However, that is absolutely not true. The only absolute you must have is funding. Arizona Hard Money Lenders make it very easy to borrow money to rehab and sell a property.

Arizona Hard Money Lenders are lenders who have liquid capital and they are looking for profitable investments. However, there won’t be investors calling you on the phone and knocking on your door. You have to find them and approach them with your investment proposal.

Arizona Hard Money Lenders will typically loan with a higher interest rate than a traditional bank and their loan terms are much shorter. Most Arizona Hard Money Lender’s terms are 12 months to 3 years at between 7.99% to 15% interest. They base their lending on a loan-to-value ratio. Arizona Hard Money Lenders are a fantastic place to start your real estate career.

It is important you evaluate your tolerance for risk before taking out a loan from an Arizona Hard Money Lender. Have a plan B ready in case the house doesn’t sell as quickly as you hoped. Do your research on local real estate costs, rehab costs and permits needed. Flipping houses in Arizona has four basic parts: find the property, purchase the property, rehab the property, sell the property. An Arizona Hard Money Lender will work with you on funding all parts of the process.

It is possible to flip houses with no money down. Thousands of new real estate investors start this venture yearly.

It is true that many people have oversimplified the house flipping goldmine. Data proves that very few house flippers are using their own cash—the majority are taking out loans and many of them with 100% financing. Each case is different and each lender is different. If flipping houses in Arizona is something that has sparked your curiosity, find an Arizona Hard Money Lender and see if you can qualify for no money down. One major benefit is Arizona Hard Money Lenders do not focus on a borrower’s credit worthiness or monthly income. The loan is based on hard assets—property. Flipping houses in Arizona is highly profitable when done correctly.

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.

How to Get the Real Deal When It Comes to 100 Percent Texas Fix and Flip Loans

Getting 100 percent Texas Hard Money Loans for flips might seem as difficult as catching a unicorn, but in reality it isn't. Getting such a deal just requires a little out of the box thinking and some negotiation on your part.

If a lender is offering 100 percent financing, you have to ask, 100 percent financing for what? Few if any lenders want to take on 100 percent of the risk by offering a true no money down deals up front. They will either fully cover the cost of purchasing a property, or rehabbing it, but not both.

You want both these costs covered, so what can you do so you can pay nothing for your next flip?

To cover both the cost of purchasing and rehab you need to work within the terms initially offered by your lender.

Simple tactics to get "real," 100 percent Texas Hard Money Loans for your next flip:

• Lower your initial bid: If your lender is offering 100 percent financing on the initial purchase price, lower your initial bid, so that your loan can pay for the rehab costs as well.

The less you pay for a property up-front, the more financing you'll have on hand for repairs and the less money you'll need to pay out of pocket.

Say your lender is offering you the full purchase price of a property listed at 100 K, and repairs will cost you ten thousand. In this case you’d simply lower your offer by ten thousand.

The math, in this case, works out as follows:

90 (to purchase the property)+10 in repair cost-100 in hard money= basically a free flip.

This simple formula will always work regardless of how much financing your lender is offering up front:

Purchase Price + Cost of Repairs = Funding Offered

Not every seller will be so kind as to lower their initial sales price by thousands of dollars for the sake of your own profit and convenience, so

• Take out a small loan to make up the difference: If you encounter, an intransigent seller unwilling to give you the required discount is your hope of getting 100% financing lost? No, all you need to do is take out a small credit line to make up the difference.

Getting 100 percent Texas Fix and Flip Loans comes down to following a simple formula.

The first thing you should look for is the largest amount of financing possible. The more financing you have, the more wiggle room you have when it comes to negotiating the purchase price of your flip.

So get a significant loan first then buy the property at a low enough cost so that your loan covers the cost of rehab. Working within the formula:

Purchase Price + Cost of Repairs = Funding Offered

Using this simple method you can flip for free regardless of the amount of money that your lender initially offers you. Remember you can always plug any shortfall in terms of financing with a small credit line.

If you can manage to make the numbers work you can pay nothing for your next flip.

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.

Setabay Private Hard Money Lender

Friday, April 12, 2019

Start Earning Now: Get the Spec Home Financing Today!

Get Spec Home Financing Today!

Earn now. Call your broker at Level 4 Funding today to find out the spec home financing terms and rates that you qualify for.

How an Arizona Bridge Loan Can Alleviate Stress

How Much Will I Pay Each Month For My Arizona Bridge Loan?

There is absolutely no reason to live in financial stress while you wait to sell your old home.

7 Tips to Find Wholesale Properties to Acquire Funds to Invest with Hard Money Lenders

Wholesale to Later Invest with Hard Money Lenders

Hard money lenders like Level 4 Funding are here to help you get into the real estate business.

Thursday, April 11, 2019

Wholesale for Money, Invest with Hard Money Lenders Afterwards

Find wholesale properties until you can earn enough money to invest in real estate with the help of hard money lenders. Make extra money each month and build up a base upon which you can begin to invest and make more money today.

Wholesale to Secure Investment Funds for Hard Money Lenders

Save money, wholesale, and invest with hard money lenders.

The Real Deal on Flipping Houses in Arizona

How Can I Flip A House With Zero Down?

It is possible to flip houses with no money down. Thousands of new real estate investors start this venture yearly.

How to Get the Real Deal When It Comes to 100 Percent Texas Fix and Flip Loans

Simple tactics to get "real," 100 percent Texas Hard Money Loans for your next flip:

Getting 100 percent Texas Fix and Flip Loans comes down to following a simple formula.

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