Ever wondered if it’s possible to buy a new home without selling your old one? Don’t let the fact that your home hasn’t sold yet stop you from making an offer on the home of your dreams, an Arizona bridge loan might just be the help you need.

What is bridge financing? It is a loan that gets you from one house to another. The process is simple, get bridge financing, buy a new house, sell your old home, and use the proceeds to pay off your initial bridge financing.

But there are a couple of approaches you can take.

With a bridge loan, you need to decide what to borrow against, be it the full value of your home or your current equity.

• Borrow Against your homes full value: Say your home is worth 300, and your mortgage balance stands at 200. With this approach, you would borrow up to 80 percent of your homes outstanding value. In this case, you would get 240 in bridge financing to pay back your current mortgage, and you would use the difference to make a down payment on your next house.

• Pro- you’ll only have one mortgage

• Con- The balance of your loan will be higher. The higher your loan balance, the higher your monthly payments will be.

• Borrow against equity: In this case, you’d borrow up to 80 percent of the 100 K in equity you currently have on your house, equating to 80 thousand in bridge financing. You then use this money as a down payment on your new home.

• Pro-You’ll have a smaller loan balance

• Con-You’ll have two mortgages, the one on your original home and the one on your new home.

Both strategies result in one thing, moving to a new home without first selling your old one. But of course like any loan bridge financing comes with some risks.

With a bridge loan, you need to be sure you can resell your old house in short order

The most significant factor to consider before applying for bridge financing is, “will my house sell in a few months?

Because you might cross the bridge of moving from one house to another, but you need to cross the bridge from one loan to another ASAP, or at least within six months.

Bridge financing entails a balloon payment, which means that during the term of the loan you are just making interest payments. You will be asked to pay back the remaining balance of your loan after a few months. If there are hang-ups with the sale of your first home, you will be on the hook to pay 10’s of thousands of dollars, which you likely don’t have.

As proverbial balloon payments popped around the nation in 2008, so did the mortgage bubble and we all know how that went. But don’t let the term balloon payment scare you away.

First determine which bridge financing strategy is right for you, be confident you can sell your home within six months and then go for it. Don’t let the fact that your home is still on the market keep you from pursuing your dreams, or better yet your dream home.

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

We know that you need to fund your new opportunity quickly so you don’t miss out on a money-making opportunity. That’s why hard money lenders deal with Arizona Bridge Loans, giving you the money to make your move!

Investors know that when the right opportunity arises you have to strike while the iron is hot. That can be difficult if you’re working through the piles of paperwork, fighting against a credit score requirement that you don’t meet, and are waiting to be approved. That’s why hard money loans are perfect for investors!

The Arizona Bridge Loans that hard money lenders perform are structured to allow flexibility in your investments while money is tied up in other properties. The three words you need to know when it comes to hard money Arizona Bridge Loan are Temporary, Easy, and Fast!

Temporary!

Traditional loans can have long-term repayment plans that just don’t fit for investors. Hard money Arizona Bridge Loans can be tailored to the investment opportunity and the investor themselves. We are going to look at the investment as a whole and figure out what makes sense for the transaction. That allows you to state your case for why you need the money and the hard money Arizona Bridge Loan provider to follow suit with loan terms to fit your situation.

Easy!

When you come to a hard money bridge provider we aren’t going to take a deep dive into your personal finances and credit history. We want to know about your property, its potential, and how both we as a lender and you as an investor can benefit from the opportunity. Presenting us with a business plan is the best way to get a quick approval.

Fast!

Speaking of fast approvals, that’s the name of the game here at Level 4 Funding and other hard money Arizona Bridge Loan institutions. It does us no good to sit on our investment capital, what helps you helps us! We want to put the money into the hands of savvy investors who can make a quick turnaround of their Arizona Bridge Loan. We can fund in as little as a week, something you’d never see at a traditional lending institution!

If you’re cash poor and looking to make a new investment, reach out to us to see how we can help. We have flexible terms to meet your needs and the ability to fund your next project quickly! Call us today and discuss your future potential earnings and how we can help you make that happen!

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Did you know you could pay nothing in taxes on the profits from your next real estate deal, and that you won’t go to jail? Such a thing is possible thanks to a provision known as 1031. Learn what 1031 is, the rules you need to follow and why Arizona Hard Money Lenders are your best bet when it comes to fueling the costs of 1031 exchanges.

What is a 1031 exchange? In IRS parlance it’s also known as a like exchange. You roll the profits from one deal into another and use them to buy your next investment property. With 1031 exchanges you can defer paying capital gains taxes- indefinitely.

But of course there are some rules you need to follow with 1031 exchanges:

1. Your next investment property must be of equal or greater value: So you can’t earn 1 million in profits on one deal, spend 50 K on the next and then jet off to the Bahamas tax-free.

2. You need to hold onto the property for over a year:- Your property needs to be held for an “investment purpose.” No one knows how to define what it means to hold a property for an “investment purpose,” but the basic requirement is you need to hold onto the property for 13 months or longer.

3. You need to close on your next investment property within 135 days: So if you need financing to settle a 1031 exchange, you’ll need to get your loan approved within that deadline.

Considering that deadline, going to a conventional bank to finance a 1031 exchange could put you at risk of incurring a massive tax bill.

Why you need to avoid the bank and use Arizona Hard Money Lenders to finance 1031 exchanges

135 days might seem like a long enough time to close a deal, but in the world of bank bureaucracy, 135 days is nothing. Even if you have perfect credit, it’s going to take at least 30 days for the bank to approve your loan and that’s in the best case scenario.

On average it takes 90 days for a commercial loan to get final approval from a conventional bank. That’s 90 days after you’ve spent a few weeks finding your next investment property and gathering up the reams of paperwork that the bank requires. Weeks into this process, the bank could reject your application for some inexplicable reason. Which means you’ll have to start the application process over at another bank.

You don’t have that much time to waste with 1031 exchanges. Say you earned a million dollars on your last deal, then going to a conventional bank could cost you 200 K or more in taxes. However, if you go the hard money route instead, you take all such risk out of the equation.

Hard money deals usually only require an appraisal, meaning they can close within a week. After you get hard money, you secure your next investment property, apply for conventional bank financing, and refinance once the bank approves your loan.

With hard money, if something goes wrong with your application at the bank, you’ll still have your investment property under contract. Meaning you won’t have to risk incurring a substantial tax penalty to complete 1031 exchange.

Arizona Hard Money Lenders can give you peace of mind when it comes to 1031 exchanges.

Don’t risk paying hundreds of thousands of dollars in taxes due to the nightmare of bank bureaucracy. If you need financing to close a 1031 exchange go the hard money instead.

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

When you find an opportunity for a good real estate investment—you need help financing the property. There are many reasons that traditional funding is not the best option—such as slow approval and financing, strict term regulations and tons of paper work.

In a competitive market you need quick reliable financing. Without it you can easily lose your deal. Sellers feel confident working with borrowers financed through a hard money lender because they know the funds will be readily available and the deal will go through.

WHY USE ARIZONA HARD MONEY LENDING?

1. Flexible Loan Terms— Bank lending guidelines are extremely strict and rigid. Basically, all loans have the same terms other than a small fluctuation of interest rates. Arizona Hard Money Loans are not “one size fits all.” Each property is different, as is each borrower, and Arizona Hard Money Loans reflect that diversity.

2. Fast Funding— A traditional bank can take months to process an approval. When an investor falls into an opportunity where they need immediate funding. Hard money lenders are in the same professional arena as investors and they understand the need for speed. Hard money lenders can have your money to you in less than two weeks.

3. Less Required Documentation—Before issuing a loan, banks require a plethora of paperwork. This paperwork takes time—usually, a borrower will have to resend the same documentation more than once. All this paperwork is a hassle. Hard money lenders don’t need to know every detail of your financial life. They only need to know what qualified collateral you have. Their concern is not your credit or your employment history—because it is asset-based.

4. Less Papers To Sign— You will not have the piles of papers to sign with a hard money lender as you do with a bank. Signing your name hundreds of times is tedious and a gigantic time waster. All this signing slows the process down. With ARIZONA HARD MONEY LENDING you won’t have a fraction of the amount of paperwork. You will get your money faster and be headache free.

5. No Hidden Fees—When you are signing your life away at a bank, you get to a point where you aren’t 100% sure what you are signing anymore because you just want it to be over. While you are signing your John Hancock—you are agreeing to hidden fees. The bank officials are conditioned to nonchalantly go over these fees with you and superficially explain what they mean. Once you sign on the line you are committed to pay—even though you didn’t really understand what you were signing. Hard money lenders will have your repayment plan laid out for you with simple terms—there isn’t enough paper work to slide in hidden fees.

When you work with a hard money lender it is straight forward and quick. They want you to succeed as much as you want to succeed. It is always a win-win.

Overwhelming amounts of paper work and looking deep into your financial life can cause a borrower some heavy anxiety. Hard money lenders will make the lending process as painless as possible.

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Rental properties can be a great way to make extra cash, but how should you go about it? And what options are right for you? Read more below to find out!

You may begin by seeking out a loan from a traditional lender. Going to your local bank or credit union may seem like a great option. However, they have strict requirements when it comes to being approved for a loan. They are looking for great credit scores and debt to income ratios. Depending on your financial history, this may disqualify you. If it does, you may be turned to hard money lenders.

Arizona Hard Money Lenders are untraditional lenders. They consist of private companies and investors who focus on the collateral of your project. In doing this, they do not weigh your financial history as heavily. If you have rotten credit and need a loan fast, you may be tempted to turn to your local hard money lender for your rental property loans.

Choosing to work with a hard money lender on your rental property would be a mistake. While they can be great solutions when you need money fast, they work on short terms. Their repayment periods are meant to be paid back fast. They literally lend themselves to people looking to renovate fixer uppers because their goal is to flip the property and sell it as soon as possible. The money made from that sale can then go into repayment and the high interest rates of hard money lenders. Rental properties, however, gain profit over time. You want to work with a lender and obtain a loan agreement that literally agrees to the time period of your rental project.

Loans for Renting Property

So, what type of Arizona Rental Property Loans should you seek? Long term loans. These will generally come from traditional lenders that require down payments, cash reserves and mortgages. In order to qualify you would need to be able to afford a 20 percent down payment, a cash reserve of 6 months, and no more than 4 mortgages. There are other options if this doesn’t suit your individual situation. Federal Housing Administration FHA , Veteran’s Administration VA and equity line of credit are all other options to consider. Additionally, this day and age has made it extremely common to see funding via the internet. Not only that, but you could always consider personal connections you have, like family, friends and acquaintances who would like to invest in you project.

Moving Forward with Arizona Rental Property Loans

With the rising popularity of HGTV, inspiration comes daily—and sometimes the urge to create and find new sources of funding is all we need to evaluate our finances and see what it takes to invest in the housing market. No matter how excited you are, always be prepared to take a step back and thoroughly analyze what options are right for you. What is right for you may not work for someone else, and every situation has different needs that need to be considered.

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Knowing what Texas Hard Money Lenders are looking for will help ensure you get approved. If you do your homework and map out a solid plan, 2019 is going to be a successful year.

1. Experience. There are fewer opportunities to buy low and sell high than there were in recent months and years. If you’re in fix-and-flips or fix-and-holds, that means most of your money needs to come from the project itself. If you don’t already have experience in one of these areas and you plan to start this year, start by working with a partner or two. Not only will this increase your chances of getting funded, but it’ll eliminate the learning curve, so you reap bigger profits.

2. Smart investments. If you’re researching with a property in mind, stop for a moment and consider why you picked that property. If property values, demand, the condition of the property, and hard numbers are rolling through your head, you’re on the right track. If you had an emotional response to the question, then you’re getting in for the wrong reasons. That will likely show when you make your case with Texas Hard Money Lenders, so reevaluate your numbers and make sure they’re nailed down tight.

3. Diligence. If you’re purchasing a distressed property, make sure it can be purchased free and clear. If there’s any concern or confusion, speak with a title company in advance to find out what needs to be done to correct issues. It’s also helpful to bring on an appraiser and contractor if you aren’t experienced in these areas, to make sure you’re not overlooking any issues and are working with the right figures.

Adjust Your Expectations for the Changing Market

If you’ve worked with Texas Hard Money Lenders in the past, the general rules are the same. You can still get funded for a project that’s planned well, even if your credit isn’t great. However, because prices have risen and slowed, the details of your plan matter more than ever. While you may be able to find a really great property and profit from a smart buy, the bulk of your earnings will come from managing the project well and having a good exit strategy in place.

If you can work one successful deal, you can create a dozen.

Some say there’s no “magic formula” for real estate investing, and perhaps that’s true to some degree. Each property has unique needs and no two deals will ever be exactly the same. The one thing that doesn’t change is you. Some people are simply more successful than others, and that comes down to how they’ve refined their processes over time. They understand there will be challenges ahead and they plan for them. They know their numbers and evaluate each deal on its own merit. That not only makes them more successful in the biz, but is also why they have no trouble at all getting funded when they approach Texas Hard Money Lenders.

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Public lenders have high standards and requirements surrounding your financial history that can disqualify you from loans when you really need them. If this is the case for you, read more below to see how you can make the best of working with Texas private money lenders, so you can finance the property of your dreams.

Seeking out a loan provider can be exhausting, and the disappointment in rejections can make it easy to lose motivation. However, public lenders are not the only resources there are for loans. While your local bank or credit union may seem like an easy option, they are likely to reject people who do not have a solid credit score or a reasonable debt to income ratio. Because of this, many people are turning to private lenders.

Residential hard money lenders in Texas are private money lenders that offer speed, but, most importantly, they flexibility in their approval process, meaning they can approve more people than banks can. This means they can approve some borrowers who are being disqualified from public bank loans.

What are the benefits of Texas private money lenders?

The most obvious benefit of residential hard money lenders in Texas is the opportunity to be approved with less strict requirements than public lenders. Instead of considering your financial history as top priority, they considered the collateral the most important factor. The value and potential of the home is considered before the creditworthiness of the borrower is considered. Now, the creditworthiness of the borrower is still considered, however, it is not held as highly as the factors regarding the property. Texas private money lenders can offer a type of flexibility and transparency in this way, because they will be real with you about the potential of the property.

Are Texas private hard money lenders right for you?

While residential hard money lenders in Texas offer a lot to offer, it is important to know a few things that may not make them ideal for your particular loan needs. The first thing is that they have high interest rates, and they can be as much as five percent more than what is asked by other lenders on the market. Some people who need money fast can afford to lose a pretty penny, but, combined with the short repayment period, they may not be for everyone.

Particularly, lenders who offer hard money work great with builders and home renovators. Builders and renovators are usually working on a fast timeline and, with the goal to sell the property as soon as possible, with what is hopefully a significant profit, the short timeline literally lends itself to them. The high interest rates just end up being an extra cost that pays for the speed of the loan, which can be really important if they are bidding on a competitive property.

Private hard money lenders are not for everyone, and not all of them are reliable. If you choose to move forward with a private lender, be sure that you understand all the terms to the loan agreement and the terms fit your particular situation.

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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions