Setabay Private Hard Money Lender

Monday, May 27, 2019

Why Many Arizona Hard Money Lenders Don't Do 90% Arizona Hard Money Loans and We Do

Some Colorado Hard Money Loans out there just draw a red line and refuse to do 90% Arizona Hard Money Loans, regardless of the circumstances. Here's why we're different.

Before we unwrap this headline, let's get one thing a couple things of the way because some of you may be wondering what a 90% even means with a Arizona Hard Money Loan. Others might even be wondering what a Arizona Hard Money Loan is. Here's the quick version for both:

Texas Hard Money Loans are loans that are secured by collateral and use private funds, which allows them to exist somewhat outside the traditional lending system.

When we talk about 90%, we're discussing 90% loan-to-value ratio (LTV). Loan-to-value ratio is the value of the loan you're asking for versus the value of the property you're buying. To make the most basic example, let's say you're buying a property that's worth $100,000 and you would like a loan for $90,000. Your LTV is 90. In other words, you're borrowing 90% of the funds for the property. With those explanations out of the way, let's move on.

90% Texas Hard Money Loans Do Exist

Some Arizona Hard Money Loans are reticent to offer 90% Arizona Hard Money Loans, and for obvious reasons. The more money they put up compared to the value of the property, the more they stand to lose. Lending money is all about assessing the risk, and many lenders just prefer to play it as safe as possible.

At Level 4 Funding, we see things a little differently. Yes, we do risk assessment, and we don't hand out 90 LTV loans to everyone who walks in the door, but we are willing to hear our clients out when the conditions are right. Let's say someone comes to us with a high-risk opportunity for a fix and flip. They've got some experience in the game, their plan is solid, and they've got a passion for the project. Rather than send them packing, we are willing to see the high reward in the high risk and work out terms that can help that person's dream come true.

Getting a 90 LTV at Level 4 Funding

We have extensive experience in Gilbert and have funded projects all over Arizona and beyond. We do up to 90% Texas Hard Money Loans and up to 100% for rehab costs if you're doing a fix and flip. Our rates are some of the lowest in the business and, best of all, we're just a phone call away. Let's talk!

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.

4 Things You Must Know Before Finding a Arizona Hard Money Lender

Got Rotten Credit and Don't Think Bad Credit Arizona commercial mortgage lenders Exist? Think Again.

If you've got bad credit and it's stopped you from chasing your dreams, we've got fantastic news for you. Bad credit Arizona commercial mortgage lenders do exist and it's not as hard to find them as you might think.

We live in a world governed by numbers. The SAT or ACT score you get determines which colleges you can attend. Your income can define you in some circles. Your age is a number, but it dictates a lot about your life. And, when it comes to getting financing, you credit score decides whether you can get a loan or not. And, even if you can, your credit score could determine what interest rates and terms you get.

If you've thought about opening your own business and you've thought getting funding was impossible, you're not alone. In fact, in 2017, which was a banner year for banks saying "yes" since the recession, more than half of funding requests were rejected. And much of that rejection has to do with lower-than-threshold credit scores. Here's a little secret — you can have bad credit and still get funding. How? Read on.

Getting Commercial Funding Even With Bad Credit

If the system is saying, "no," then work outside the system. Colorado Hard Money Loans do just that, using private money that's not regulated to death like the traditional financial juggernauts. Arizona Hard Money Loans are typically secured by collateral, so whereas a bank might ask for a minimum credit score of 700, bad credit Arizona commercial mortgage lenders care about other things. And, they're not as scared of risk.

In fact, if you come to one with a high-risk, high-reward opportunity, have a solid plan you can communicate, a little bit of experience in the business, and a decent bit of collateral, there's a great chance you'll walk out the door with a loan. Keep in mind that this collateral could be the business you are buying, or it could be an existing piece of collateral.

Level 4 Funding Offers Hard Money Commercial Loans

Looking for bad credit Arizona commercial mortgage lenders in Arizona? You've come to the right place. At Level 4 Funding, we offer low interest rates and favorable terms on hard money commercial loans. Our process is incredibly simple and can be completed in as little as 24 hours. Give us a call today to see if we can help make your business dreams come true.

Sunday, May 26, 2019

4 Things You Must Know Before Finding a Arizona Hard Money Lender

Whether you're doing a buy and hold or a fix and flip, if you're going to use a Arizona Hard Money Lenders to get funding, there are a few things you'll want to know that will make the process quicker and smoother. Let's dive in!

Since the Dodd-Frank Act tightened regulations on the banks and big financial institutions in the country, real estate investors have turned more and more to Arizona Hard Money Loans for funding. This is a good thing — just like competition in business is good the consumer, the real estate market can only benefit from having multiple funding options for potential investors.

That said, hard money is still foreign to some, either because they've bought into the stigma of it or they've just always gone through the bank for one reason or another. Don't worry if you fall into this category. Hard money isn't anything scary or even complicated; it's simply private lenders (outside the system) lending money to people buying or rehabbing real estate. In fact, if you're used to the banks, with their extensive credit checks and mountains of paperwork, you might be surprised at how simple things are with Arizona Hard Money Lenders.

What You Should Know Before Going In

There are four things you should absolutely know before applying for a Arizona Hard Money Loan:

How much you need. You'll need to crunch some numbers for the property you're hoping to buy and figure out how much you need. Include all the little things, too, like closing costs, insurance and title fees.
How much your collateral is worth. Because you'll secure your loan with collateral — this can be the property you're buying or another property you already own — you'll need as accurate a number as possible when it comes to value.
The after-repair value. If you're planning a fix and flip, you'll want to do your best to come up with a realistic value for the property after you've done the rehab.
Your exit strategy. Perhaps most importantly, the lender will want to know your exit strategy because that's when they'll see their money again. Before going in, have a budget and schedule for the purchase, the flip and the resale.

Finding the Right Hard Money lender in Arizona

If all of that seems daunting, don't worry. The right Arizona Hard Money Lenders in Arizona can sit down with you and help you solidify your plans and let you know everything you need to gather for your application. Here's how we look at it here at Level 4 Funding — your success is our success so anything we can do to help you be successful is a win-win situation! When you're ready to talk, give us a call!

A Commercial Arizona Hard Money Lender Might Be the Ticket

Most of us are fed up with the rat race, but most of us do it because we think there's no other way. There is, and speaking with commercial Arizona Hard Money Lender is the first step.

If you're like we were, you were probably sick of the 9-to-5 daily grind. You get out of bed, clock in at a job you don't like, working for a company you don't like and pleasing bosses you don't like. You get home in time to eat and collapse. You keep going on this hamster wheel because it seems like the only option that's within reach.

Here's the good news — working in corporate America isn't the only way to make a living. Owning your own business puts you in charge. As goes your business, so goes your finances; no begging for raises, no groveling to bosses, and no being undervalued as you work your way up the ladder. You might be saying to yourself, "I don't have good credit, so I can't get a loan to start a business." That kind of thinking is what's kept many of us from taking that leap, but it doesn't have to.

Getting a Commercial Arizona Hard Money Loan is Easier Than You Think

Even if you've been turned down by the banks, you may still be able to get a Arizona Hard Money Loan. Here's why.

Banks are beholden to all sorts of regulations and they're cautious when it comes to risk. It makes sense — if they violate regulations, their going to be in hot water and if they just handed out money to anyone who promised to pay it back, they'd be out of business before you can say "bankruptcy."

Colorado Hard Money Loans use private funds, essentially hooking up an investor who wants a return with an aspiring business owner who has a dream and needs some capital to get started. Typically, the property being purchased is put up as collateral, so commercial Colorado Hard Money Loans are usually less concerned with your credit score and past history. And, since they use private money, they aren't regulated to within an inch of their lives, which gives them more freedom to be flexible on terms.

Arizona Commercial Hard Money Loans

If you're ready to hang up your 9-to-5 gig and start being your own boss, you've come to the right place. Level 4 Funding is a commercial Arizona Hard Money Lender with a wide range of options for aspiring business owners. Give us a call or send us

Top 7 Reasons to Get Into Trust Deed Investing

These days, there are myriad places to invest your money. One of the least know but potentially most profitable is Trust Deed Investing. Let's look at what this is and the top ways you can benefit from it.

Here's the ultimate goal — putting your money to work for you instead of working for your money. How do you do this? You can deposit your money in a bank. Your money will be safe there, but your return will also be almost nonexistent. You can invest in bonds or the stock market as well. With the stock market, you have the chance to get a really great return but you can also lose it all and there's not much you can do to mitigate that volatility.

Here's another idea that's been around forever but isn't given enough press: Trust Deed Investing. How does Trust Deed Investing work? It's simple — investing in deeds of trust makes YOU the bank. In the most common example, you invest your money with a borrower who then purchases real estate and gives you the deed as collateral. Every month, you collect payments. If the borrower fails to pay back the loan, you have the real estate as a backup.

Sounds good, right? Let's look at some of the top reasons to go with this type of investing.

Why Investing in Deeds of Trust is Good Bet

Your investment is backed by a real property, not just a promise from the government.
Your return on investment is high — usually between 10% and 29%.
You receive payments directly at scheduled intervals
You are in control from Day 1
Your collateral ensures you can get your money back in a worst-case scenario
Hazard insurance protects the property, so not even acts of God can derail your investment
A Title Policy protects the property as well, so you don't need to worry about liens, encumbrances or defects

Finding Trust Deed Investment Opportunities in Arizona

So how do you find these types of investment opportunities? You can hustle on your own, but you might open yourself up to all sorts of legal and logistical issues. A better way is to go through a company like Level 4 Funding. We have the experience and know-how to connect you to a worthy Trust Deed Investing opportunity. Give us a call today at 623-582-4444.

Saturday, May 25, 2019

Three Factors Texas Hard Money Lenders Use to Determine Rates and Points

Points and rates in the hard money world aren't regulated, so Texas Hard Money Loans set them themselves. Here we'll look at how they determine rates and points, and what you can do to get the numbers on your side.

Most people understand interest rates, but points can be a little tougher to pin down, so before we get started, let's look at what points are. It's fairly simple — points are a percentage of the loan the lender charges to close on the loan. They typically range between 2% and 10% and they're determined by the same thing that the interest rates are usually determined by — risk.

Let's unpack that concept of risk and break it down into three factors — equity, borrower experience and exit strategy.

Some of the Ways in Which Colorado Hard Money Loans Determine Risk

Equity. The property's equity plays a big role in rates and points. If the property is being put up as collateral, the lender wants to know exactly how much it's worth and, sometimes more importantly, how much it might be worth in the future. Being able to show solid evidence of a property's equity may be able to help you secure a lower rate.
Borrower experience. This is especially important when it comes to fix-and-flips. If this is your first time wading into those waters, a Texas Hard Money Lender may see higher risk and thus ask for a higher reward. Conversely, if you've flipped 10 homes successfully, there's less risk for the lender and you may be able to negotiate lower rates.
Exit strategy. In the end, this is what it's all about. You want to pay off the loan with your profits and the lender wants to have the loan paid off. That's why going into it, you should have a solid plan for getting out. A fix-and-flipper might have a rehab plan backed by contractor estimates that says they can do all the work in three months and then put the home on the market. With this, the lender knows that the money will probably be at risk for a shorter period of time and he or she may be able to offer lower rates.

Getting Great Rates from an Arizona Hard Money Lender

At Level 4 Funding, we have fixed-rate APRs as low as 5.99% and flexible terms from 3 to 60 months on a wide range of loans, including fix-and-flip, construction, cash out and rental property. Want to see what rates you can get? Give us a call today!

Setabay Private Hard Money Lender

Monday, May 27, 2019

Why Many Arizona Hard Money Lenders Don't Do 90% Arizona Hard Money Loans and We Do

Some Colorado Hard Money Loans out there just draw a red line and refuse to do 90% Arizona Hard Money Loans, regardless of the circumstances. Here's why we're different.

90% Texas Hard Money Loans Do Exist

Getting a 90 LTV at Level 4 Funding

4 Things You Must Know Before Finding a Arizona Hard Money Lender

Got Rotten Credit and Don't Think Bad Credit Arizona commercial mortgage lenders Exist? Think Again.

Getting Commercial Funding Even With Bad Credit

Level 4 Funding Offers Hard Money Commercial Loans

Sunday, May 26, 2019

4 Things You Must Know Before Finding a Arizona Hard Money Lender

Whether you're doing a buy and hold or a fix and flip, if you're going to use a Arizona Hard Money Lenders to get funding, there are a few things you'll want to know that will make the process quicker and smoother. Let's dive in!

A Commercial Arizona Hard Money Lender Might Be the Ticket

Most of us are fed up with the rat race, but most of us do it because we think there's no other way. There is, and speaking with commercial Arizona Hard Money Lender is the first step.

Getting a Commercial Arizona Hard Money Loan is Easier Than You Think

Arizona Commercial Hard Money Loans

Top 7 Reasons to Get Into Trust Deed Investing

These days, there are myriad places to invest your money. One of the least know but potentially most profitable is Trust Deed Investing. Let's look at what this is and the top ways you can benefit from it.

Finding Trust Deed Investment Opportunities in Arizona

Saturday, May 25, 2019

Three Factors Texas Hard Money Lenders Use to Determine Rates and Points

Points and rates in the hard money world aren't regulated, so Texas Hard Money Loans set them themselves. Here we'll look at how they determine rates and points, and what you can do to get the numbers on your side.

Some of the Ways in Which Colorado Hard Money Loans Determine Risk

Getting Great Rates from an Arizona Hard Money Lender

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