Category Archives: Arizona hard money lender

Grow Your Financial Future with Hard Money Lenders Arizona


4page_img3-bigStart your career in real estate investment and grow your income exponentially with the help of a loan specialized in house flipping. The art of flipping houses in Arizona can quickly triple your income if you follow some of the helpful strategies presented in this guide.


The fact is that it is very important for your financial goals and your financial planning that you know and are well are of the pros and cons that can come with flipping a property or purchasing properties purposely for flipping purposes before you begin diving into the real estate game. Purchasing properties is a risky investment. However, with all risks you should know that bigger risks can lead to greater rewards. Diving into the world of real estate can help you quickly achieve your financial goals and expand your financial future to new heights.

Hard money and finding the right hard money lenders to work with gives you a way to begin to borrow money without having to go through the lengthy process of using a more traditional mortgage lender approach or reaching out to a broker that works in a traditional bank setting. The loans that you will acquire from hard money are loans that come from individuals or private investors who are able to lend money based on the property you’re investing in as collateral. This is high risk and high reward even though it starts off with a very minimal investment up front and can be done even if you do not have a strong credit rating or previous credit history.

Choosing the Best Hard Money Lenders Arizona for Your Goals

Hard money gives you the perfect opportunity for advancement into the world of real estate investment and flipping homes. Finding a lender that can work with your financial goals and help you find the perfect plan to move forward can take your financial future to the next level. Growth and financial prosperity is achievable if you are able to make the right risks and network with the right people. The right lender can make this and more possible

With any new business venture or investment, it is important to weigh all of the facts into consideration so that you can make the best financial decision for you or your business.

Most hard money loans do require proof that you can eventually repay them but this is still very unique than the typical process of getting a lending opportunity through a more traditional bank setting. Typically at a bank, the lenders there are much more interested in your credit history than anything else as well as your current finances. Hard money loans in Arizona take a much more unique approach. Because of this, you can easily get approved so long as you have proof of being able to repay the loan. Borrowing previously is one example of this. That means that getting started with hard money loans can open doors for even more opportunities in the future for you.


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

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

Phoenix Fix and Flip Loans: How to use Crowdfunding to Invest and Make Money


4page_img5-bigYou don’t need to be an active house flipper to make money from flipping projects.  You can avoid all the hassle of these projects and still earn a profit by financing fix and flip loans through online crowdfunding platforms. Learn some of the basics about what you should look for in these deals and some basic strategies to find the best way to invest in these types of loans.

Crowdfunding remains the most accessible way for individual investors to earn money from house flips without actually carrying out the renovations themselves. Crowdfunding usually takes place on an online platform and relies on you (the individual investor), to finance the loans listed on the site. These loans are then given out to active house flippers.

However, there some fundamental things you should look into before investing in these loans.

Expectations before investing in Arizona Fix-n-Flip Loans

Before investing in any loan, consider the platform, or the website on which you aim to make your investment. Be wary of crowdfunding sites that claim to charge absolutely no fees. In almost every case this is too good to be true. In general, these websites will charge you a percentage of the income you earn either on an annual or a regular basis. Obviously, you want to make your investment on the crowdfunding website that charges the lowest possible fees.

Consider the type of flip you are investing in, is the project a residential or commercial flip?  Residential flips offer a smaller return over a shorter period, while commercial flips provide a potentially larger return over a longer period. So consider how quickly, and how much, of a return, you want from your investment.

Consider the borrowers details, ideally you want to someone with prior experience and a proven track record of successful projects.  Also, do your best to understand the conditions of the surrounding market to get a sense of the project’s potential. Developing an understanding of an individual borrower and their project might put your mind at ease.

Ideally,  you also want to invest in loans in which the borrower has signed a personal guarantee, as this will indicate they have some personal stake in their project.

After you find the right loan, there are two ways to actually invest.

When it comes to investing in Arizona fix-n-flip loans, you risk less as a debt partner, but you can make more money by acting as an equity partner

When it comes to investing in these types of loans, you can choose to act as a “debt” or “equity” partner.  Acting as a debt partner allows you get regular interest payments throughout the term of the loan. Most crowdfunded fix and flip loans, have terms of 36 months and charge interest rates of 8 to 14%. You earn these interest payments on a regular monthly basis, and once the term of the loan expires, you receive the remaining interest and principal.

Acting as an equity partner gives you a share of ownership in the property.  In this case, once the flipped property is sold you earn a specific percentage of the profits earned by the borrower. The potential returns from an equity partnership can be far greater; however, there is more risk in this case. It’s uncertain how much profit a flip will earn until the renovations are finished and the property is actually resold.

In short, crowdfunding presents the opportunity to earn money from house flipping without actually flipping homes yourself. Consider the platform, type of project and borrower you want to invest in and whether or not you want to act as a debt or equity partner.

Dennis DahlbeDennis Dahlber Broker Ri CEO Level 4 Funding LLCrg
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

House Flipping Loans: Is Local Private Money the Right Help For You?


635967198When it comes to house flipping loans and private money you need to first understand what private money actually is and where it can be found. Learn some basic strategies to find the help that’s right for you

Private money is a vague term, but it refers to any private group or individual with enough capital to lend. So where you should you look for this type of lender?

You might begin your search online, where you will likely find many “private lenders,” but most of these are really hard money providers. Its difficult to pin down what exactly private money is, especially when compared to “hard money.”  In truth, the differences are insubstantial, financing is financing after all.

The only real difference between private hard money that you should be aware of is that hard money often entails higher interest payments when compared with private. Hard money providers usually charge between 12 to 15%, while private lenders typically charge between 8 and 12%.

However truly private lenders are usually individuals that can offer far more flexible loan terms in comparison with other types of financing providers.

If you look online you likely wont find a truly “private lender,” that offers this type of flexibility, so then where should you begin your search?

When it comes to Arizona Private Money Lenders, the best way to find the right help for you and your deal is to ask around.

The best way to come in contact with private money providers is to attend real estate networking events.  At such events talk to other house flippers to get a sense of their experience with various local private lenders.  You should ask questions like how quickly were their loans funded? What were the specific terms of their deal? And how willing was the lender to negotiate these terms with them?

Above all, you want to find a lender that is willing to negotiate. Because when it comes to private money you want to take advantage of flexibility this type of financing offers.

When it comes to truly Arizona Private Money Lenders, if you can do your best to secure an equity partnership which can help you avoid the expense of carrying a loan.

You might not even have to make any payments on your loan if your private lender chooses to act as an equity partner in your project. In this case, the proceeds of your resale will pay off the remaining loan balance, while your lender receives a share of the profits you earn.

To negotiate this type of deal, you’ll probably need to find a truly private lender. Hard money is a great financing option in the case of flipping projects, but these are lenders, not investors, and they will give you a loan which you will have to pay back with interest.

If you want to find a true private investor for your next project you should avoid beginning your search online. Perform your due diligence by asking your fellow real estate developers about their experience with local private lenders. Once you find a lender that has a good reputation, see how much room there is to negotiate. If you can try to arrange an equity partnership with them which will help you avoid the expense of carrying a loan.

Dennis DahlbeDennis Dahlber Broker Ri CEO Level 4 Funding LLCrg
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

Give Me 10 Minutes and I’ll Show You That House Flipping Loans Really Do Work


page2-img1House flipping is not just for TV show hosts or people with big budgets because with house flipping loans in Arizona you can join the real estate industry and begin flipping properties today. Learn how to have it all with the help of this informative guide.

Are you a big fan of those new and trendy “house flipping” television shows like the ones they have on home improvement channels or HGTV? Have you ever wondered if you could do it too? Well, the short answer is yes! You can with the the help of the right lending opportunities.

There’s a lot of secrets in the world of house flipping. However, there are so many resources available online and throughout the real estate industry that means that house flipping isn’t just for TV show hosts with big budgets to fall back on. The right lending opportunities can give you the same opportunities as those people that you see on TV.

It is a fact that the house flipping business and industry can provide an opportunity for you to quickly achieve a healthy income and the freedom to change your life forever. The success of others from the popular television shows we know and love is an easy way to see that that is clearly possible for the everyday person and not just big-time investors.

Flipping houses is not as easy as it works and does take some hard work. However, with proper planning and expertise making money with house flipping is a truly achievable goal that anyone can do in a short period of time so long as they have the right level of determination.

You Can Have It All With House Flipping Loans in Arizona

Are you ready to begin flipping houses and join the real estate industry, too? You can get started by finding a loan to help you achieve your goals and have enough of a budget to work with so you can begin investing in properties. You have to spend money to make money and it is no different for investing in real estate or fixer-upper properties.

You are going to need to have some capital up front to be able to begin to invest in real estate properties so you are going need to choose a lender to help you begin to achieve your goals and get started with real estate investing.

Retire early and make your dreams come true by getting started in the real estate market with the opportunities provided to you by Arizona house flipping loans.

It is important to seek out the advice and assistance that can only be given from quality resources. In a perfect world, it might be a good idea to go ahead and find an experienced mentor that will be able to starting to show you the ropes of real estate investing. The fact is, it is important to have a wise figure to turn to as you begin to enter the world of real estate investment and flipping properties. Their wisdom will be invaluable in your journey.

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

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

3 Ways to Get More from Your Arizona rental property Loans


iStock_000002338446_LargeIf you’re taking out Arizona rental property loans, finding ways to improve your ROI is essential. However, most advice you’ll hear could wind up costing you money, so stick to the tried-and-true methods to keep your cash flowing.

Maximizing the return on your investment should always be a priority, but if you’re paying on Arizona rental property loans, that monthly check serves as a constant reminder that it takes money to make money. It also likely makes you want to work that much harder to improve your gains. Here’s how to do it without unintentionally sabotaging yourself.

1. Focus on staying full. Oftentimes, landlords come in with the intent to make improvements and then bump up rents to generate more cash. This can actually backfire because it frustrates tenants and often places their existing home outside their budget. Before you make a move to hike up rates, consider what it will cost you to replace your tenants. Chances are, you’ll make more money by keeping their rents as-is and increasing rates as people move on. This is especially true if you have really great tenants who pay on time and make life easy, so always work out what costs you might incur by having to fill vacancies.

2. Allow tenants to sublet for a fee. The Airbnb craze is here to stay. Some landlords detest it because of the potential for damage and uncertainty of who will be renting, but it’s worth noting that your tenant is still ultimately responsible for what happens in the home. Consider including a clause in your contracts that allows your tenants to use services like Airbnb, but only if they sign up for it and agree to an additional monthly fee for the duration of their lease.

3. Have a late fee clause. Nobody likes to be the bad guy, but the reality is you rely on your tenants to pay in a timely manner in order for you to make good on your obligations. Having a late fee clause can help get them to have better payment habits and will give you a small revenue boost when they don’t. Follow-through is paramount, though. If you’re uncomfortable requesting the fee face-to-face, consider using a service to process payments instead. You might find that this saves you time and money as well.

Hard Money Can Help You Add to Your Portfolio

Getting approval for Arizona rental property loans isn’t always easy, especially if you don’t have great credit or don’t have much experience with property management. If you’re in the process of picking up your first property or you already have one and want to have more but traditional funding won’t work, the more relaxed approval process offered by alternative lenders can help you pursue your dreams.

Find out if alternative Arizona rental property loans are right for you.

There are lots of ways to grow your portfolio, but finding the best terms and the right options are key in ensuring your ROI is all that it should be. Have a chat with a broker about your goals and portfolio plans to learn which options are best for your needs.

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

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

How to Get Arizona investment property Loans without 20-40% Down


Arizona-Home-Loan-Team-Matt-and-Judy-Callahan-150x150Banks usually expect you to make a massive down payment when you apply for Arizona investment property loans, which puts them out of reach a whole lot of investors. The good news is, there’s a way to get around the standard 20-40% most expect.

Checking out Arizona investment property loans can be a rude awakening for someone getting into the business. Most people at this stage have purchased a home to live in before and expect the process to be somewhat similar. You apply for a mortgage and your broker works some magic, then comes back with numbers and tells you what you qualify for. But, when the property you’re buying is not going to be your primary residence, a lot of that magic disappears and the yesses are replaced with nos. What gives? You haven’t changed at all, your credit is the same, and you’re diversifying. Shouldn’t the banks be happy? Not exactly.

When it comes to traditional mortgages, the bank knows you plan to live there and that you’ll do everything you can to keep your home, even when times get tough. So, they’ll sometimes give a bit of wiggle room with their options. On top of this, if you don’t have the full 20% to put down, you can often get mortgage insurance. Although you pay for it, it actually protects your lender in the event you default. When you’re making a purchase with the plan to rent it out, fix-and-flip, or fix-and-hold, mortgage insurance is not an option. Ergo, the bank is going to expect you to bring at least 20% to the table.

From there, they may expect a greater down payment if your credit isn’t excellent as well, among other things. Depending on the circumstances, that down payment can skyrocket as high as 40%. And, that’s if they approve you at all. Without a couple years of property management experience under your belt, many of the big banks won’t even consider helping you out.

Alternative Funding Can Help You Out When Banks Can’t

The good news is, there are other places you can turn to for Arizona investment property loans that are easier to qualify for and don’t require the same massive down payments. Hard money is one of those choices. While lenders still look at things like your credit and your plans or ability to manage your Arizona investment property successfully, the biggest thing they consider is its value. What’s more, it’s possible to get up to 90% of the value, meaning you could wind up only needing 10% or less, if you grab a sweet deal for less than it’s worth.

Find out if alternative investment property loans are right for you.

When people go for hard money, having an exit plan is essential. If you’ll be fixing and flipping, the natural exit is selling the home after you’ve finished the work. However, if you plan to rent it out right away or fix and hold it, you’ll either need a plan to refinance at the end of your term or have another way of paying off the balance, as lenders usually expect the balance paid off within a matter of months or just a few years. If you’ve got a property in mind, a comprehensive plan, and the banks aren’t able to help, talk to a broker to learn more about hard money and the terms you qualify for.

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

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

3 Rookie Mistakes Hard Money Lenders Want You to Avoid


2page_img3If you’re working with Arizona Hard money lenders to complete a fix-and-flip, your success is their success. Avoiding the common mistakes ensures it’s a win-win situation for all.

You’ve probably heard the old saying, “It’s easier to keep a customer than it is to find a new one.” This rings true in the fix-and-flip business too. Relationships are everything. If you treat your crews well, they’ll do good quality work and come back for repeat projects. If your broker gets you a great deal, you’ll return to him when you need funding for your next project. The same thing goes for your Arizona Hard money lenders as well. They want you to be successful because it ensures an ongoing mutually-beneficial relationship. But, if you’re new to the business, it’s all too easy to strike out on the first round, and it typically comes from one of three common errors.

1. No Cushion: Call it an emergency fund, a cushion, or any other name, you’ve got to have some sort of back-up funds ready for when things don’t go as planned. Even seasoned pros will find flood damage, bad wiring, and other expensive issues with their projects when things get going. They get through it because they plan ahead for issues. If you find a great deal on a property, sometimes the cushion can come from the Arizona Hard money lenders and your initial loan, but more often than not, you’ll need to have some of your own cash available.

2. Making Emotional Decisions: You knew the second you saw the property that it would be the one. Maybe it was a quaint little historic bungalow or foreclosure in a quiet community, just waiting for some TLC and a family. The location was great, the repair needs were minimal, and the pricing was amazing. Then, the bidding war started. It’s hard to walk away when you’ve already made plans and know exactly what you’ll do with a place, but at some point, the deal stopped making financial sense and you began bidding because your heart was set. It happens to the best of us, but if you find yourself making any kind of decisions based on emotions, walk away.

3. Failure to Create an Accurate Timeline: Like the financial cushion, all your projects should have a time cushion as well. Not only can unforeseen repairs make a job take longer, but sometimes crews fail to show or coordinating teams doesn’t work out. Give yourself some breathing room. At the very least, it will make the project less stressful, but there’s a good chance that cushion will save the project at some point too.

Realistic Expectations Come with Experience

The more fix-and-flip projects you take on, the easier it will become to gauge what needs to be done, as well as how much time and money it will take to do it. When you’re getting your start, you’ll need to pad your expense list and timeline to compensate for that.

Work with Arizona Hard money lenders and other professionals who have experience and know the business inside and out to ensure success.

When you align yourself with industry experts, they can be valuable sources of information and help point you in the right direction when you hit a snag. The more often you work with your dream team, the smoother your projects will go and the more lucrative your work will become.

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

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

The Guide to Arizona Investment Property Loans


iStock_000002302749XSmallMany real estate entrepreneurs turn to Arizona Hard Money Lenders for Arizona investment property loans. There are several options available when looking to obtain a loan for your investment.

All of a sudden, the market takes a 20 percent corrective move.  One of the hedges is the real estate market. Afterall, owning an investment property offers a number of perks. Becoming a landlord is a very good way to realize a passive income stream.  Keep in mind that there are a number of lenders they will require that you have skin in the game or cash to invest. Taking a loan out when you do not have a positive cash flow is one way to close the deal.

Arizona investment property loans can take several forms, including the criteria that the borrower needs to meet.  If you do not do your research and choose the wrong type of loan, it can impact your ROI or Return on Investment. You will need to do your research on the various types of lenders in your market.

You’ve probably all heard or worked with conventional bankers. Expect to put close to thirty percent down of the purchase price when your loan is on an investment property. Lenders will look at debt-to-income calculations.  Keep in mind that future rental income is not figured into this calculation. Be prepared to have six months of cash set-aside to meet the mortgage obligation as this may be a lender requirement.

One popular investment these days is the fix-and-flip model. Flipping a property is most attractive because it allows the investor to receive their profit in a lump sum after the sale of the investment property as opposed to waiting for a rent check each month.

Fix-and-flip loans are short term loans which allow the investor/landlord to make the needed renovations.  Once the renovations have been completed, the investment property is put back on the market as soon as possible.   Fix and flip Arizona investment property loans are secured by the property.  You may want to also look at a real estate crowdfunding site as an option.

The advantage of using a hard money lender as opposed to a conventional lender is that it is easier to qualify.  The hard money lender looks at the after-repair value (ARV) as to if you are able to repay the loan. The advantage of a hard money lender versus a conventional lender is the speed of getting the loan, days as opposed to weeks or months as is customary with a conventional lender.

Interest Rates

Expect to pay higher interest rates when compared to conventional lenders.  You will also need to pay points of the Arizona investment property loan amount upfront to close the loan.  Some lenders allow you to take the cost of the points out of the proceeds of the loans.

More home owners are looking to Arizona Hard Money Lenders for home equity loans.

If you are a home owner and have equity, then you can access the equity through various loan programs.  There are some loan programs that access the equity like a credit card and allow interest-only payments.  A cash-out refinance is another option and a long-term loan is the final option. Both rental properties and fix-and-flip ventures are risky.  The opportunity for big returns, however, is attractive. If the obstacle you face is funding the necessary money, consider a hard money lender for your next investment property.

Happy senior business man making his notes at work 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.
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Owner Occupied Hard Money Lenders


536349311You may be surprised to find out that owner-occupied hard money lenders offer loans for primary residences. Find out the specific situations where you can benefit from these types of loans.

Are you in a circumstance where you are being denied a residential mortgage?  There are many circumstances when a borrower is denied this type of mortgage from both credit unions and banks.  When the person seeking a loan has little or no alternatives, they will often turn to a residential hard money lender to obtain a mortgage on the borrower’s primary residence.  Some of the reasons a borrower may turn to this type of lender are:

  • The borrower has bad or poor credit

  • If the borrower has had a recent loan modification, foreclosure, short sale or bankruptcy

  • If the borrower has two years or less of current employment

  • If the borrower is self-employed

  • A bridge loan is needed by the borrower for a primary residence

In some instances, a borrower goes through the approval process with a conventional residential mortgage lender, and the lender is not able to perform while in escrow. The borrower then searches for a private owner-occupied hard money lender to secure financing through. The lender is able to provide fast approval and funding which will help prevent the borrower from losing the property they have a contract on. Once the escrow closes, the property is secured, and the borrower can refinance with a conventional mortgage company.

Why Arizona Owner-Occupied Hard Money Lenders are Few and Far Between

Most owner-occupied hard money lenders will not consider lending for your primary residences because:

  • Additional documentation is required

  • The lender is required to obtain additional licensing

  • Regulators will exert firmer regulations

  • The time to fund the loan increases since there are mandatory recession periods

  • Investment loans have far greater lender risks than owner occupied mortgages

Arizona Owner-occupied hard money lenders are subject to Federal regulations.  Some of these regulations consider Dodd-Frank.  The Dodd-Frank act requires the lender to verify the borrower’s income and expenses.  Paystubs, tax returns and W2’s are ways the borrower can verify their income. Debt to income (DTI) must be kept under certain levels by the borrowers.  Car payments, other mortgages, credit card payments and other debts will be considered. Also included in this ratio will be the new mortgage obligations, (taxes, mortgage payment and insurance).

The owner-occupied Arizona hard money loans are intended for short term use, generally three to five years.  Most lenders will require the borrower to have a plan in place to obtain long term financing.

A hard money loan can offer borrowers with credit issues time to repair their credit report—and not lose their chosen property. Others may be postponing obtaining a conventional loan until the mandatory waiting period for negative credit events has passed. These events may include short sale, bankruptcy, loan modification or foreclosure. If the borrower’s property has enough equity and there currently is a first (1st) mortgage and the borrower does not qualify for a conventional second (2nd) mortgage, then the borrower can consider a hard money lender.  This may be a prudent decision if the proceeds of the second mortgage is used to pay off high interest rate credit cards or pay down other high interest debt.

 

Dennis-Dahlberg-Mortgage-Broker_thum[1]_thumb_thumb_thumbDennis 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

How to Make the Most Out of Arizona rental property loans

4page_img1If you have obtained a loan for a rental property, it is time to decide how you are going to make the most capital out of your investment. Drive the value of your investment up by strategically making the most out of your Arizona rental property loans.

If you are new to the world of investing in property or are considering investing in rental property, it does not have to be an overwhelming process! Getting a rental property loan or finding a loan for a second home definitely does not have to be an intimidating time. This helpful cheat sheet can guide you through the process and introduce you to some key ideas on how you can make the most out of your Arizona rental property loans and start making money for your business or company today.

First of all, if you are interested in investing in rental property, you are going to have to meet certain requirements in order to qualify for a loan at the bank.

  • Typically a 20% down payment on the property This is because is most cases insurance may not be available for rental properties.

  • 2 years or more of experiences with previous property management

Do these qualifications seem a bit intimidating! Don’t worry. For individuals that fail to meet these requirements, there are still other opportunities to find the right loan. These are other avenues to consider. This means that regardless of your experience or financial status you can start investing in real estate today with the help of:

  • A business partner. hard money lenders, private money lenders

Don’t let inexperience prevent you from investing in property. Even the most experienced investors had to start somewhere! Investing in rental property can grow your own personal assets or even grow the assets of your business or company. With the help of investing, you can grow you capital overtime and even potentially retire early!

How Do I Know if a Rental Property Loan is Right for Me?

The time is now to start investing in the real estate market. It does not have to be a challenging process! Finding the right lending opportunities or rental properties to pursue is as easy as picking up the phone or sending an email. Build your network of individuals within your community and you will promptly find lending opportunities near you.

With any business venture or lending opportunity, it is important to survey your options and make an educated decision on any loan you choose to pursue.

Regardless of your inexperience, you can start investing in real estate today. Achieve your dreams of retiring early and grow your assets by investing in rental properties. The right lending opportunity for you and your needs will be dependent on your level of experience and financial restrictions such as your credit score. Even with a lower credit score, you may still be eligible for a loan through a variety of different lending opportunities.


Dennis-Dahlberg-Mortgage-Broker_thum[1]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