Setabay Private Hard Money Lender

Tuesday, January 7, 2020

Establish a Steady Income with Arizona Rental Property Loans

Use Arizona Rental Property Loans to start your business.

Anno Domini MMXIIV AD—Giovanni Concato moved to Southeastern Arizona to try his hand in the American mining business to make American money, good money—more money. For years of his life he had lived in northern Italy. He, like his father, grandfather, and great-grandfather, had come of age and worked in the marble mines in Carrara, Italy found in the northernmost part of Tuscany. His city was beautiful, nestled between the low mountains and the Mediterranean shore line. Cobblestone streets, stone cathedrals, and brick buildings abounded.

Upon reaching the age of 30, Giovanni grew tired of mining marble. He had neither a woman nor a child binding him to his town. Though he had few academic credentials, he could work large machinery, manage large groups of workers, and complete projects in a timely manner. His supervisors loved him. But overtime, Giovanni came in contact with an international contractor furnishing skilled labor for larger mining projects. Through this company, Giovanni found work in the copper mines of Arizona. A brisk application and relocation process followed.

Having learned English in grade school and possessing a working knowledge of and certification to run heavy machinery, Giovanni rose in paygrade quickly. Over the next few years he saved a considerable amount of that money and established citizenship. This was great. However, something irked him—Giovanni paid steep rent for such a small town, a town where general mortgage payments seemed to be considerably low. In fact, at the time, Southeastern Arizonan rentals nearly charged as much if not more than what a conventional, monthly mortgage was.

Arizona Rental Property Loans Help Establish Long-Term Rental Income

With his savings, Giovanni acquired a private lender offering Arizona Rental Property Loans. He paid 50% LTV on a property to be matched by the lender at the same amount. Giovanni’s investment grossed $25,000 a year less the $7,000 paid in hard money lending fees. He liked the return. He strengthened the return by refinancing the property with a conventional lender for a lower interest rate. Within a few years, Giovanni had paid off his investment and was receiving rental cashflow together with his mining income. The time came to acquire more hard money Arizona Rental Property Loans. After bridging these loans in favor of lower interest rates, his profits continued to grow.

Talk to your hard money broker to see if Arizona Rental Property Loans are right for you.

Eventually Giovanni hired a property manager to manage his property. Here and there, after paying off a loan or two, Giovanni took out more Arizona Rental Property Loans to receive more rental property returns. After a few more years, he had a strong side business that seemed as though it could last for years, establishing both rental cash flow and home equity simultaneously. Giovanni was happy with his business and with what he had built. Not only was he earning a good living working for the mine, but he was earning a good living with a business he had built from the ground up thanks to Arizona Rental Property Loans.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About: 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.
© 2019 Level 4 Funding LLC. All Rights Reserved.

Monday, January 6, 2020

Get Money Now: Arizona Construction Loans for Suburban Families

Use Arizona Construction Loans to build the home you need today.

John and Sally were high-school sweethearts. They grew up in the same small town. They had similar friends, interests, and dreams about life. The year they turned 18, like any Nicholas Sparks book, John bought a diamond ring, staged an elaborate proposal, and asked for Sally’s hand. Sally was enamored of John. An autumn wedding in the White Mountains soon followed. The air was cool and crisp. The pastor read their vows and quoted forgotten words form an old book. Tears of joy fell from Sally’s face. John grinned. The honeymoon soon followed.

Years later, they are cramped in a two-bedroom house with three children. Thanks to Nicholas Sparks or some unseen deity—the cancer theme was removed from the plot—John and Sally, alive and well, still love one another, but it gets stressful at times with crying children, occasional disputes, and John working late nights trying to survive the contracting business. “John is a good man, he is a good man,” Sally muses. She knows that sixty to seventy-hour weeks are just part of getting a business up and running, just a part of the American Dream.

Sally feels like a sardine in a can, though. Add to the can clutter, screaming children, and diapers. Take from can John who is still at work and will get home late to stuff down a cold casserole that has been on the table for some time. The housing market is booming. John and Sally live in the Greater Phoenix suburbs. Sally sees her friends who have husbands working a nine-to-five, who come home to a nice dinner every once and awhile. Sally sees her friends taking out loans to buy three and up to four-bedroom houses. Each kid has his or her own room. Each couple has space to breath and spend an occasional tender moment together at night. A full-sized table to have dinner at. A walled-in yard for the kids to play in. A home to live a life in. A life they dreamed of.

Arizona Construction Loans Help Families Build a Dream Home

Sally remembers that they bought empty suburban lot after the last recession when prices dipped. John got a good deal on the property. “The land is paid off. John is a contractor. He could build on it, couldn’t he?” Sally is excited. Sally wants a home like her friends. Sally wants an ideal family and an ideal life for her and her sweetheart.

See if you qualify for Arizona Construction Loans today at Level 4 Funding.

John comes home. Sally talks about building on the land by using Arizona construction loans. John smiles. He has worked hard over the past few years. Business has done well, and their savings could handle a down payment. Lucky for them, John know a few private lenders who have financed previous projects and who might be willing to lend out Arizona construction loans. Within a year, John and Sally use Arizona Construction Loans to finance building their dream home. After completing the property, John and Sally bridge their loan from private hard money to conventional financing. They feel happy with their decision.

Sunday, January 5, 2020

Benefit from Arizona Bridge Loans: Invest and Receive Quicker Returns

Weigh the short-term and the long-term with Arizona Bridge Loans to find an ideal investment situation.

According to an article in Investopedia, a Arizona Bridge Loans “is a short-term loan used until a person or company secures permanent financing or removes an existing obligation.” This means that the goal of a Arizona Bridge Loans is to obtain some sort of short-term loan in order to secure an investment. In the case of real estate investment, the goal of a bridge loan is to acquire possession of a property within a limited amount of time in order to obtain a more favorable loan and interest rate later.

For example, a real estate investor may use hard money Arizona Bridge Loans to acquire a distressed property, a property that conventional lenders will not finance, for $100,000 at an interest rate of 7% to 15%. After the investor puts $50,000 of his or her own money into renovation on top of the $100,000 acquisition fee, the investor may be able to secure a long-term loan, which would greatly reduce the interest rate that the real estate investor is paying, say to 5% interest.

The long-term goal of a Arizona Bridge Loans is to acquire long-term financing because this would greatly reduce the amount of interest paid on hard money. Hard money is beneficial for the ease of acquisition it brings. But, on the other hand, hard money comes at a cost. It is expensive, with higher interest rates than conventional lenders. Paying up to 15% plus in interest for a long period of time can be crippling. However, if the end goal is to transition to a conventional loan at a lesser interest rate, then the burden of hard money can be greatly reduced.

Arizona Bridge Loans: The Short-Term and the Long-Term Perspectives of Real Estate Investing

For many, the ability to switch out from hard money to conventional lending is out of the question. This may be due to credit score, credit history, foreclosure, or bankruptcy. The things that typically scare conventional lenders off since they paint a negative image of whether or not a borrower is able to pay off his or her loans.

Less interest is more gross. Arizona Bridge Loans may be the business solution for you!

But, on the other side of things, if an individual borrower were to have a favorable credit situation and a stellar credit history, bridging to a conventional loan may be a favorable strategy. Not only would a bridge loan allow such an investor to acquire wholesale property at an accelerated rate in order to get an edge up on other investors chomping at the bit for coveted property, it would also allow such an investor to convert high interest into low interest until the desired property generates a desired return. For those that renovate to rent property, this is especially a benefit because a lower interest rate would guarantee lower annual payments to the lienholder resulting in higher gross.

Saturday, January 4, 2020

Quick Money: Arizona Hard Money Loans Helps Investors Secure the Property That They Need, Fast!

Get your real estate investment up and running with Arizona Hard Money Loans.

For many individuals who find themselves in the real estate business, money is needed and fast. Consequently, many real estate investors deal with wholesale purchases. This involves finding property from individuals at wholesale value. This property can come from individuals who solely sell wholesale property to other real estate investors. Wholesale property also can be found by local flippers who find local individuals who are looking to get out of property quickly for cash. The premise is finding a property that is valued under the average retail price and then being able to sell that property for a profit.

There is a trick to this though. To find the right wholesale property, an individual has to act fast. In many cases, real estate investors buy property from auctions. Others find great deals on foreclosed or short-sold properties. And yet, others have connections with local real estate agents or friends who are looking to sell a favorably-priced property. Time is a factor when buying property. Time and money. How quickly can an individual purchase a property in the midst of others who are chomping at the bit for the same prize.

The wholesale value of a property is key to grinding out a great profit. If an investor pays too much for a wholesale property, he or she receives less of a return. If an investor is too slow in deciding on whether or not to purchase a property, someone else will be quicker. If an investor secures a bid or a purchase of a property, the funds for the property must be furnished within a short amount of time. This is why many individuals use Arizona Hard Money Loans when purchasing real estate—it is very, very quick.

Arizona Hard Money Loans Are Quicker than Conventional Loans

Where conventional lenders can take months just to secure financing, Arizona Hard Money Lenders are a favorite for real estate investors because they can secure loans within a week’s time. By securing quicker loans with Arizona Hard Money Loans, real estate investors can acquire the property they need within a time frame that is suitable.

Arizona Hard Money Loans are the means to starting the real estate investment that is right for you.

But what happens if the lending rate for Arizona Hard Money Loans is too high? Not a problem. Though hard money lending can have a higher interest rate than conventional lenders, this is not a concern for individuals who are able to acquire conventional loans. Many recipients of Arizona Hard Money Loans use the hard money as a bridge loan until they are able to secure a conventional loan for less interest than a typical hard money loan would have. By using a bridge loan, a real estate investor, especially those concerned with renting property, can acquire wholesale property quickly and then later acquire the interest rate that is right for them by refinancing.

Find a Lending Niche: Private Money Lenders Arizona Form a Lending Mecca for Real Estate Investors

Private Money Lenders Arizona may be the means to setting estate investments into motion.

According to a recent article by Forbes, private money lenders are changing the lending industry by financing real estate investors rejected by conventional lenders. Supporting this notion, Bobby Montagne from the Forbes Real Estate Council writes: this “reluctance [to fund real estate investors] has created a growing national market for Private Money Lenders Arizona and a lucrative opportunity for investors in private loan investment funds.” In the US, a capitalistic economy were businesses depend on venture investors, this is great news—the possibility of having lenders lending more money at more competitive rates. Supply and demand.

So why all of the fuss about Private Money Lenders Arizona? What is moving so many investors to get funded by them? Well, many real estate investors are shrewd and eager to see a good return. Whether they are a first-time, ma-n’-pa outfit or a seasoned band of weekend warriors, real estate investors typically look to invest in distressed property, renovate, and generate profit. The problem many real estate investors run into is that banks typically do not like lending on undeveloped property or distressed property. This is problematic for contractors wanting to build a spec home from the ground up. Also, this is problematic for flippers and those who rent because buying destressed property at wholesale value and fixing it up offers more profit than buying a property that needs minimal renovation.

The stone cast out by the builders has becoming the corner of the foundation. Setting the banks aside at first is a good strategy for many real estate investors because they can initiate funding: Private Money Lenders Arizona who step up to the plate and fill in a needed lending gap.

Who Benefits from Private Money Lenders Arizona

Filling the gap is no small thing. Montagne goes on the state that “With the median flip priced at $189,000, [it’s] a $56 billion market.” That’s a lot of money, folks, and a lot of money coming from private investors. Where the proverbial door of conventional banking closes, the door of private lending stays open. This is quid-quo pro. Private Money Lenders Arizona get a good return on roughly 7%-14% of their investments and are covered by the LTV they wish to set. By charging more than conventional lenders they are rewarded more. Real estate investors win by finding a funding niche.

Private Money Lenders Arizona are the financing start that allows for a strong and profitable finish.

For real estate investors with poor credit, the advantage is the ability to find sub-prime lending in the wake of Dodd-Frank. For real estate investors with stronger credit scores, the advantage is finding lending to get the job started. Grease the wheel and get it turning, get a loan on barren or destressed property, build or renovate, then acquire conventional funding. Private money can bridge between hard and conventional, it can start the pace and allow the money to trickle in. Though higher at first, it is a start that allows for a strong finish, a profitable finish.

Friday, January 3, 2020

Start a Profitable Business: Get Hard Money Loans to Flip Houses in Arizona

Loans to Flip Houses in Arizona are available to those wanting try their hand in the flipping industry.

The average profit on smaller flip homes in the States can range from $20,000 to $30,000. Three to four months is the average time it takes an experienced flipper to flip a home. With three to four completed flips per year, a flipper could possibly earn a profit of $60,000 to $120,000 per annum. The possibility of obtaining these types of returns, add in an increase in TV shows glamorizing real estate investment, has driven many individuals to try their hand in the flipping business. Great right? The ability to start a business that can generate six figures without pricy investments in an academic or trade education.

So, after looking at the earning potential of flipping houses and deciding that is the best real estate investment route, acquiring property to flip houses and financing to run a business are the next major steps that individuals come up against. What type of home should these investors flip? Well, usually, in the flipping industry, foreclosed, distressed, and short-sold homes are desirable. Property that will be sold at an enticing, wholesale rate. Sometimes, the right piece of property is no easy find, it is not a low hanging fruit to be snatched from above. Effort, research, and beating the bushes to find the right wholesale piece. Balancing the wholesale price, the foreseeable refurbishment cost, and the after-repair value ARV are important steps in evaluating if the investment is worth undertaking and, more importantly, if the investment is capable of generating sizeable return. After completing these analyses and others, financing becomes the next question to answer.

Due to the fact that most conventional lenders will not lend for the acquisition of distressed property, hard money Loans to Flip Houses in Arizona is crucial element to understand when flipping homes. Once a property is selected and the numbers are drawn out, a hard money lender is usually consulted in order to present financing options.

Make More Money with Loans to Flip Houses in Arizona

Though most investors making their way into the flipping business may not have a sizeable portion of cash to put down, some sort of property equity or initial cash down is needed to secure hard money Loans to Flip Houses in Arizona, this leverageable collateral or equity may be in the form of real estate already owned by the potential borrower.

Talk to a hard money broker at Level 4 Funding to get Loans to Flip Houses in Arizona today!

With the collateral and the equity decisions under control and agreed upon, a hard money lender or broker will calculate rate, conditions, terms, and lending fees if applicable. He or she will be able to tailor a lending situation that is favorable, short, and able to secure a favorable investment situation for both lender and borrower. If receiving Loans to Flip Houses in Arizona is right for you talk to a hard money broker at Level 4 Funding today and make your way into the lucrative industry of flipping homes.