Category Archives: Arizona hard money lender

Arizona Hard Money Construction Loans: Is it the Help That’s Right For You?





page2-img2If you’re looking to finance a construction project, you may be wondering where to secure financing. If land in your area is scarce, if your planned development is something others consider a pipe dream or if your credit situation is less than ideal then you should consider the benefits of hard money Arizona construction loans.

Yes, traditional banks offer loans for construction projects. However, they avoid risk by applying a rigid bureaucratic checklist to see who qualifies. If you as a borrower don’t tick a box specific box, don’t expect your deal to close. Plus the terms of any agreement you strike with a conventional lender are likely to be as inflexible as the concrete foundations you intend to pour.

Hard money is different. This type of lender is usually an investor or group investors, who are not beholden to government regulations or typical bank bureaucracy. Hard money providers can look beyond a rigid checklist when it comes to you and your project. As investors, they are more interested in your projects potential instead of your credit score. Of course, this type of loan will cost you more than a conventional bank loan, but it offers many advantages.

Ask Yourself these Questions to determine if a Arizona Hard Money Construction Loan is the right help for your situation:

There are three basic questions to ask yourself to determine the right type of financing for your construction project:

  • When do you need the money?  Expect a traditional bank loan to close no sooner than 30 days, after, you have gone through the tedious rigmarole of completing their application process. In the case of hard money, most deals can close within days. This speed can allow you to secure the purchase of an attractive parcel of land before other developers.

  • How much flexibility do you need?  Banks have very rigid loan terms from which they will not divert. They have a one-size-fits-all approach when it comes to construction projects. If your proposed project is, say speculative, a traditional lender is not going to renegotiate the terms of your loan if you run into difficulties. Hard money offers more leeway to speculative developers who might need a bit of deference. As investors, hard money providers might be willing to tailor the terms of your loan and your repayment schedule to meet the needs of your unique project.

  • Can you qualify?  Once again banks have a one-size-fits-all approach when it comes to the type of borrower who is eligible for financing. If a particular aspect of your financial history doesn’t meet the bank’s criteria, you are out of luck. In the case of hard money, if your project has enough potential your personal financial situation is irrelevant.

Arizona Hard money construction loans benefit borrowers who need speed, flexibility or those who are in unique financial situations.

If you need to secure the purchase of a prime piece of land quickly, don’t wait around for a conventional bank, approach a hard money provider first. If your proposed construction project doesn’t exactly fit the mold, hard money providers can work out a deal which can meet your needs. If you have been turned down for conventional financing in the past, hard money can get your construction project off the drawing board and into reality.



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

Important Tips When Looking At Arizona Hard Money Loans



Not every loan or lender is going to be equally good. So it is very important that you follow these tips when comparing Arizona Hard Money Loans.

One key fact to remember is that hard money is provided by private lenders so the terms and the loan are not dictated or regulated in the same manner as they are for banks and traditional lenders. So you will want to be very diligent as you review the terms of any Arizona Hard Money Loans. Be cautious of any lender who is demanding large upfront fees. An appraisal fee is normal but large fees for exploration or due diligence is a strong sign of a less than legitimate lender. Large fees can also be a sign of a broker who is trying to lead you to believe that he or she is a lender and not just a broker. This is just a way of adding a middleman who will charge you fees but really add nothing of value to the deal. In both cases, it is very likely that the Arizona Hard Money Loans are never funded but the applicants are out whatever fees they paid.

It is also not uncommon for lenders to “fail” to provide you with a complete breakdown of the cost of a loan. There could be additional fees that you do not learn about until you are ready to sign the loan documents unless you request a full breakdown of all costs associated with the loan. Fees which could be listed on the breakdown include document processing, site inspections, title documentation and verification, funding fees and administrative fees. Lenders can either break the fees out or some will simply charge points to cover all of these administrative tasks that must be completed. Regardless of the way the lender explains the fees, be sure to get a grand total cost so that you can compare all of the loan options that you might have so that you can select the best one.

Beware of Unreasonable Terms

Some lenders will prey on borrowers who have no credit or particularly bad credit. In these cases, the lender could make unbelievable claims such as funding a loan that no other lender will fund or 100% funding with no down payment. If the deal sounds too good to be true then it most likely is. Also, if the lender says that he might be able to fund the loan but due to very bad credit, you will need to pay extra fees or an extremely high-interest rate, then seek another lender.

Do Your Homework

It is always important to be as educated about any business deal as possible. Be sure that you have a few loan options and a few rates to compare. Even if you have bad credit, you should still be able to get Arizona Hard Money Loans at a fair rate. Also, be as knowledgeable as possible about the property that you wish to purchase so that you know what to expect on appraisal documents as well as other inspections of the property. This preparation will help to make the loan process less stressful and faster.

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

Info to Know Before Securing Arizona Hard Money Loans



Trouble-with-an-Arizona-Home-Mortgage-150x150When using Arizona Hard Money Loans, there are a few pieces of important information that every borrower should know. This will increase your potential for success and earnings.

Arizona Hard Money Loans can sound very intimidating if you are not familiar with the process and this financial tool. But these are very useful and legitimate loans for many real estate investors. The first important piece of information that you need to understand is that hard money is a short-term loan as opposed to the 15 to 30-year term on a traditional mortgage. In addition, you need to understand that Arizona Hard Money Loans are funded by individuals or possibly a small group of lenders who work together rather than a bank or mortgage company. But this offers many great benefits to the borrowers of hard money.

Because the lender is independent, he or she is able to work with borrowers to customize the terms of loans much more than a bank or mortgage company. This could mean a unique payment schedule or even a payment amount that fluctuates. And borrowers will also be glad to learn that private lenders require much less paperwork during the application process. This makes applying and getting approved for a loan much less stressful.

One aspect of Arizona Hard Money Loans that some borrowers are uncomfortable with is the higher interest rate. Private lenders are not regulated in the same manner as a financial institution and they are free to set the interest rate as they see fit. In addition, hard money is normally an option for someone with less than perfect credit so the risk is more substantial for the lender. But for a fast application and approval process, many borrowers are happy and willing to pay the higher interest rates associated with hard money.

Asset Based Lending

This is the most important aspect that separates a hard money loan from a traditional loan. A traditional loan is based on the borrower’s creditworthiness and ability to repay the loan. But a hard money loan is based on the current market value of the property being purchased. The borrower must use the property as the collateral on the loan to provide added security for the lender. In the event that the borrower defaults on the loan, the lender has the right to seize the property and sell it to recover his or her investment.

Use It Wisely

Hard money is a very legitimate resource for any real estate investor who is looking for fast funding, a simple application process, and a short loan term. All of these benefits make many borrowers a huge fan of the hard money option. When used on a fix and flip project it is perfect. And other investors use hard money to make a fast purchase for a property with high potential. Once the purchase is secured, then the borrower will refinance on a long-term mortgage at a lower interest rate. Used correctly, hard money can help to make a real estate investor a great deal of money.

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

Open Your Eyes To Arizona Hard Money Loans


Not every aspect of Arizona Hard Money Loans is perfect for a borrower. But the advantages can often outweigh the drawbacks.

Nothing in this world is perfect and there is no perfect loan for every type of purchase or for every borrower. In the perfect world, money would be offered with no interest and the terms would be up to the borrower to determine. But in the real world, everyone must understand that lenders are also in business to make money so fees and interest are just the cost of borrowing money.

Arizona Hard Money Loans do have more fees and a higher interest rate than some traditional banks and mortgage lenders. But the justification for these added fees can be understood when you compare a hard money loan and the process of obtaining hard money to a traditional loan and working with a traditional lender. Everyone knows that time is money, but hard money puts that saying to the test. The application process for a hard money loan is only a fraction of the paperwork and time that you would need to invest in secreting a traditional bank loan. And the approval for hard money is also much faster. It can take up to 90 days for a bank to respond with an approval of your loan application but a hard money lender can often respond in just a few days and have your loan funded in just about a week.

And while the interest rate on Arizona Hard Money Loans is higher than the interest rate on a mortgage loan, the time savings can make it a good investment. In addition, hard money is going to be an opportunity for someone with no credit or less than perfect credit to secure a loan. This lower creditworthiness means that the lender is willing to assume a higher risk when making the loan and in return, he or she should be able to expect to make a little bit more money in the form of interest.

Know The Uses

Being funded by a private lender, hard money is also a good option for a borrower who is looking for some custom loan terms. No bank or mortgage company is going to change the standard terms of their loans. But working with a private lender allows for much more negotiation when drafting the terms of your loan. This convenience is certainly worth paying a little more for.

Be Smart

Knowing how to best use Arizona Hard Money Loans is critical to the success of your real estate investment business. Short term loans are almost always perfect for hard money, but there are also times when making an initial purchase on a long-term deal is also best done with hard money. Only after researching all of your options and requesting multiple quotes, will you be able to determine which loan is going to be the most profitable for a specific purchase. Sometimes hard money is the only choice and other times it is just one of many options.

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

5 Reasons Hard Money Lenders are the Right Choice for Your Investment Dreams


If your credit score is not where it needs to be to receive a loan from a traditional broker, reaching out to hard money lenders can help you achieve your real estate goals more quickly. Learn how these lending opportunities can help you start your real estate investment journey sooner than later.

Regardless of your credit score or credit history, you may still be eligible to receive a hard money loan from. A private lender. Hard Money loans Arizona leaves the property you invest in as collateral so that you are not subject to the same requirements that are expected of you when seeking lending opportunities at a traditional bank setting.

If you are considering beginning to start going after your real estate investment goals, these five benefits of Hard Money loans Arizona may be perfect for you and the needs of your financial situation:

  1. Obtain a loan much more quickly that you would with a more traditional broker. Acquiring a loan at a bank is often a long process that requires severe qualifications that may take some time to get together.

  2. Be eligible for lending opportunities even if you have a low credit score or a poor credit history. A solid debt-to-income is all that is need to get a hard money loan.

  3. Begin investing in real estate as quickly as possible. A faster approval process means that you can begin going after your real estate investment goals in the near future with the assistance of hard money.

  4. Network with lenders to open more doors for yourself in the real estate market. The networking process will help you meet new investors and potentially lead you to more opportunities within the real estate industry.

  5. Build more lines of credit and rebuild your credit score to achieve more financial freedom. This can help you build your credit score so that you can be open to other opportunities in the future when it comes to investing and other financial goals.

How Do I Find Hard Money Lenders Near Me?

Researching lending opportunities near you could be as easy as attending local networking events or searching for private brokers in your area. The right lender will be able to work with your budget to find the perfect lending opportunity that satisfies the need of your financial situation.

Networking is a crucial business strategy that will help potentially meet new clients or investors that are as exciting about your financial goals as you are.

Networking begins with establishing strong communication skills. Don’t be afraid to show your true personality. Private lending with hard money is a much more personal experience than what you would see at a traditional bank. This means you are developing real bonds with your lender which could open doors for further advancement and other investment opportunities in the future. Achieve financial freedom by getting started with real estate investment with the assistance of hard money loans.

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

Give Me 30 Minutes and I’ll Tell You All the Secrets About Hard Money Loans


userYou may have heard about Hard Money loans Arizona but still have some questions about how these types of loans can help you achieve your financial goals. Learn how hard money can help you get started with real estate investing as soon as today.

If you do not have the financial status or credit history required to get a loan from a broker at a traditional bank, hard money can be a better way to get a loan without have to choose a more traditional mortgage option. When you choose to opt for hard money, the property that you invest with is used to serve as collateral rather than through the upfront costs that are associated with a mortgage. If you are hoping to achieve a loan quickly and do not have a good credit score, hard money may be your best option.

Getting approved for a loan from hard money does not require the same financial status as a more traditional approach. Lenders from a bank will analyze your credit score before deciding if you are the right candidate for a loan. When you choose hard money, you only need to show that you are able to repay the loan. This makes the process of getting approved for your loan must more fast than the approval process at a bank. If you are trying to begin investing in real estate as quickly as possible, Hard Money loans Arizona are a great solution.

Hard Money loans Arizona are great due to their:

  • Speed: Quickly get approved for your loan and avoid the long process of a bank.

  • Approval Ratings: Be eligible to receive a loan even if you do not have a good credit score or have established a positive line of credit before.

  • Opportunity for Advancement: Networking with hard money lenders can open more doors for you to achieve further real estate and investment goals.

How Do I Know If Hard Money loans Arizona are Best for Me?

If you are looking to get a loan quickly and do not have a good credit score, hard money is your best choice. This type of loan is also much more flexible than other options and can have terms that work with your budget or financial goals. With more opportunities for approval, hard money can give you opportunities that traditional lenders would otherwise refuse.

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.

Finding the right lender is as easy as attending a networking event or reaching out to private brokers in your area. With looser options for approval regardless of your poor credit, hard money makes it possible to begin investing in real estate as soon as possible. The real estate industry is a thriving business venture that can help you achieve financial prosperity and begin turning around your poor credit quickly.

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

Why Real Estate Lines of Credit in Arizona are Getting More Attention


iStock_000004067318XSmallReal estate lines of credit are growing in popularity. If you’re involved in investing, adding them to your toolkit can help ensure your success.

Generally speaking, savvy investors find out what works for them and repeat the same processes time and time again to ensure success. That said, they also create a toolkit of various options and tailor their approach depending on the project. One of the tricks of the trade seasoned investors apply is to be familiar with several forms of lending and choose the best one for each project. That way, financing and favorable terms are always just a call away.

Real Estate Lines of Credit in Arizona fit into this toolkit as well, right alongside things like conventional loans and Arizona Hard Money Loans. However, instead of taking a large portion of cash all at once, the investor uses it like a credit card, only taking what he needs as he needs it and paying back the balance. The funds made available can sometimes be enough to cover the cost of purchasing a property, though they’re generally in line with what someone might pay to do repairs or a full rehab on a property.

There are both single property and multiple property Arizona real estate lines of credit. With a single property line, the amount made available will generally be based on the value of the home. In these cases, most investors will use them to take money out to complete individual repairs. However, those with larger portfolios can have much larger lines made available, based on the value of multiple properties. In these cases, the investor may still use the funds for rehabs and repairs. However, because the cash can be tapped into at any time, many use this to purchase new properties and add to their portfolios.

When Time is of the Essence, Real Estate Lines of Credit are There for You

Being able to jump on an Arizona investment property with cash ready to go makes it easier to grab it before others do. It can also help sway a seller in your direction if there are multiple offers because they know your deal will go through and isn’t going to get hung up waiting for outside financing.

Know the eligibility requirements ahead of time to ensure approval.

Some lenders will determine eligibility largely based on credit scores, which can make it difficult to get approval. However, asset-based lending looks more at the value of the property or properties involved. In other words, if you’ve got a good amount of equity in a single property, you may be able to tap into most of it even if you have rotten credit. Moreover, conventional lenders tend to look for credit scores of 720+ once your portfolio hits a certain size, whereas asset-based lending actually rewards you for the extra equity and can often offer up more cash. Ergo, there are multiple situations and stages in your portfolio growth in which this could be ideal. If you don’t already have a specialist on hand who offers LOCs, talk with a broker who can go over all the options now, so you can have the cash you need when you need it.

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 Definitive Guide to Fund your Investment Property with Arizona Hard Money Loans


iStock_000067965589_XXXLarge v2Why are more and more investors obtaining Arizona hard money loans?  There are certain investment strategies that make this type of loan appealing and lucrative.

This is a type of loan that is not obtained from a conventional financial institution.  The expense, almost always, is slightly higher than a conventional loan. The points involved can be about 2% to 6% and are the initial compensation to the broker.  The interest rates can be between 8% to 12% or more. There are a number of factors affecting the points and interest rates, such as loan duration, borrower credit, real estate type and the market fluctuations.

In the aftermath of the housing crisis in 2007-08, conventional loans came under stricter regulations. If you have good credit, proof of income, and are seeking a 30-year fixed rate loan, a conventional loan may be your best option. These types of loans are, however, under tighter underwriting restrictions and, if the loan officer cannot check all the boxes when you are applying for the loan, you may just be out of luck.

Conventional loans can be denied if you have bad credit, no income, lots of assets, or numerous liabilities.  Under various circumstances, you may benefit from Arizona hard money loan. These include:

  • Unimproved land purchase

  • Your purchasing an unusual property such as a church or marina

  • A quick closure is required. You can often close in as little as a week

  • Personal assets are limited

A hard money loan, in the instances above, may be your best bet.  An Arizona hard money lender will step in when a conventional loan will not work.  The ability to quickly purchase the property you have located can mean the difference between a successful investment and one that goes nowhere.

Arizona Hard Money Loans that are Flexible

Arizona hard money loans are often more flexible than conventional loans. And once you locate that unique property, timing is of the essence.  Typical Arizona Hard Money Lenders close within a week. At Level 4 Funding, we present you with an approval in as little as 24 hours, and with funding in as little as two days. This gives you the flexibility to go after those properties that traditional banks may view as too risky.  You may see a higher rate of return with a hard money lender. The hard money lender values the properties themselves and may be willing to loan at a higher loan-to-value ratio as long as you can demonstrate the potential for repair value improvements. When you get into a competitive bidding situation, the hard money lender can offer repair funding which may lead to acceptance of your offer.

Many contractors, real estate brokers, investors and developers have experienced financial distress such as bankruptcy, asset for foreclosures, and delinquent accounts.

Because of the failure to meet the credit score requirement with conventional loans, Arizona Hard Money Lenders are there to fill the gap.  To repair your credit rating and convert your hard money loan to a conventional loan, utilizing a hard money lender will assist you to archiving this with positive performance. With few employees and licensed as a real estate broker, a Hard Money Lender is an advantage since you are dealing with the decision maker directly.

Call Level 4 Funding and talk to us directly. We are happy to answer any questions you may have about your potential investment.


Dennis-Dahlberg-Mortgage-Broker_thum[1]_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

What you Need to Know About Arizona Hard Money Lenders


iStock_000004067318XSmallThere are several reasons that investors turn to Arizona Hard Money Lenders. Learn when a hard money loan is a borrower’s best bet.

Asset-based loans and Arizona Hard Money Lenders are one and the same.  An Arizona hard money lender looks at the collateral as opposed to the borrower’s credit profile; this is opposite to what the conventional lender looks at.  From the lenders prospective, these loans carry more risk than a conventional loan. Most Arizona hard money loans lend funds from private investors or companies.  The private investors and companies will realize an above average rate of return. These types of lenders may charge additional points or an origination fee. This will vary by lender and is much higher than a conventional lender.  You can expect 2% to 5% of the purchase price at closing. While the points are high, most Arizona Hard Money Lender offer terms that range from a few months to 15 months.  This assures the lender that they achieve their ROI on the loan.  Since the financial crisis of 2009, Arizona Hard Money Lenders have blossomed and grown. 

If you are a real estate investor and are seeking a short-term loan to purchase property that is in need of repairs, otherwise known as the “Handy Man Special,” it may be difficult to qualify the property to be refinanced with a conventional lender.  In today’s environment of tightening of credit, traditional lenders have pulled back and conventional financing has been harder to obtain.

There are several reasons that investors are turning to Arizona Hard Money Lenders for their financing needs:

  • They have poor credit

  • They cannot provide verification of their income

  • They have had a short sale or foreclosure

  • The property is a “handy man’s special”

  • They are in need of a short escrow period

Skin in the Game

Knowing the local market is a sign of a good hard money lender.  The hard money lender also requires the borrower to have “skin in the game,” in other words, the borrower must have some of their own money in the transaction.  When the borrower has skin in the game, it proves to the lender that they have a financial incentive to finish what they have started. The lender looks at the borrower‘s track record to see their experience in the type of project that they are seeking financing for. The borrower also needs to demonstrate to the lender that they have a viable exit strategy.

Each hard money lender will have their own lending criteria and borrower requirements.  Each borrower’s project also has unique requirements.

Do your research, call several Arizona Hard Money Lenders, and ask questions about their loan programs.  Talk with a lender and make sure that you are getting straightforward answers about fees, points, duration of the loan, and all the information you need to make an intelligent decision.  Additionally, it helps if the lender is from the local market, or at least understands its intricacies. The lender can assist you in market direction, economic direction of the community, resale value of similar properties, and comps of properties that have sold. At Level 4 Funding, we are happy to ask any questions you may have and guide you in the direction of your dreams. Call for a no-obligation quote.


Dennis-Dahlberg-Mortgage-Broker_thum[1]_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