Category Archives: Arizona hard money lenders

100 LTV Hard Money Lenders: Things to Consider.



Business cardDo 100 LTV Hard Money Lenders offer no money down financing to real-estate investors? The answer is yes, but, only for a certain type of borrower.

Say you want to secure financing for the full market value of your next investment property. This is known as a 100 LTV loan and it is something of a holy grail or unicorn of sorts in the real estate investment community. First you need to understand what LTV is and why its so important to lenders.

Loan-to-value ratio equates to the total size of your loan divided by the fair market value of the property you aim to purchase. Lower LTV equates to less risk for your lender. With a 100 LTV type of deal your basically telling your lender, “no I’d rather not pay a single cent of my own money, I want you dear lender, to take on all the risk for my next deal. So that if my next project goes belly up I wont lose a dime.”

Such a deal is good for you, but not so good for your lender.

Its easy to understand why these types of deals are so rare, but if your heart is set on finding this type of financing, just know that no lender worth their salt is going to get in with you on a long term investment.

100 LTV Hard Money Lenders prefer to fuel the cost of short-term deals

Don’t expect to get a 100 LTV loan if you intend to hold onto the property long-term. In this case, long term investments represent a huge risk for a lender. The longer a property sits on the market, the higher the chance that market conditions will change and that your lender will take a loss.

Therefore, this type of loan is usually reserved for those who intend to rehab a prospective property. A 100 LTV loan which covers the full cost of purchasing a ramshackle, tin-pot house in a pristine neighborhood, actually presents a real short-term opportunity for a lender. If you intend to restore said home to magazine worthy condition, and then resell it, you might be able to get a 100 LTV loan.

So, in 100 LTV type deals, lenders want the assurance of a quick payout. To even consider applying for this type of financing, you need to have a clear plan in place for how you are either going to re-sell or refinance your property in short order.

However, the best way to qualify for 100 percent financing is to have a proven track record of real estate projects. Having experience will give your lender confidence in your ability to generate a return.

The best tactic to increase your eligibility with 100 LTV Hard Money Lenders is to develop a personal relationship with them

Let’s face it this type of deal presents your lender with a lot of risks. Without a down payment your lender basically has nothing to fall back on if you default. If you don’t have a proven track record of successful development projects standing behind you, your chance to qualify for 100% financing are pretty slim. If you are a real estate novice and someone is offering you no money down financing, well beware. Common sense should prove the danger of ‘no money down, zero interest type’ financing.

In the long run, to get 100 percent financing you need to build a personal relationship with your lender, and this takes time. Yes, you could put together the most excellent plan imaginable to show your lender the potential of your project. But there is no supplement for the trust that comes from an established relationship.

As you close more deals and gain more experience, your lender will have more confidence in your abilities which will allow you to capture the benefits 100 LTV, no money down financing.

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

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

Try These 5 Tips to Find the Perfect Private Money Lenders in Arizona


2page_img3-bigPrivate investors can begin to help you achieve your financial goals and get started with real estate investments. Know how to find the perfect lender for your situation with the assistance of this helpful guide.

Get started in the real estate world with the help of money lenders that can help you achieve your financial goals. A private investment opportunity can be perfect if you do not have La good credit score. How do you find the right lender for your situation? What is the best way to choose a lender in your area? These 5 strategies may help.

1. Pick loans from people you know already. When starting out, it probably may be challenging to find anybody willing to give you the funds you need to get started investing in the real estate market. Because of this, people who know you already may be your only choice. Network with people you already know to get started with real estate investing and flipping houses.

2. Build the network with more investors. Try to start getting involved with your local real estate investing community so that you can build worthwhile connections that may lead to other investments. As this continues, you can meet new people and start to lead to new investment opportunities. Networking will allow more people to get the chance to know you.

3. Have the chance to begin to work your way towards more hard money lenders that can open more doors for you. This means that you will have to the opportunity to be able to begin borrowing from lenders of hard money. Typically, these lenders are experts in the types of loans that are necessary for flipping housing and other investments, and they operate much differently than traditional banks.

4. Choose someone that is able to act quickly and be fast closing. Pick a private lender and establish a good relationship with them so that you can receive your funds quickly.

5. Check their history. Choose a lending opportunity that has proof of positive results in the past so that you can get a better idea of what you are getting yourself into.

Take the Risk and Network with Private Money Lenders in Arizona Now

Acquiring loans from private lenders can take many of the problems out of real estate investment. The main drawback of these types of loans is their cost, but the goal of these loans is use them strategically. Private loans in Arizona can appear from anywhere, so it is important to find the right lender for your situation.

Arizona Private lenders can help you avoid the red tape and dotted lines that come with choosing brokers from a traditional bank setting so that you can invest regardless of your credit history or financial status.

Are you trying to get started flipping with no money? Until you have at least gotten few successful projects under your belt, most lenders are going to want some equity. This investment is well worth it in the long run.


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

Private vs. Hard money lenders: The Differences


page3-img2You may wish to finance your next investment property, but find yourself a bit confused about the differences between private and Phoenix hard money lenders. This article will attempt to clear up some of this confusion and some common misconceptions, so you can get a clear perspective and find the help thats right for you.

Some consider private money and hard money lenders essentially the same thing.  But there are a few fundamental differences you of which you should be aware. It all comes down to the criteria these lenders use to evaluate borrowers, and these considerations can impact the type of deal you can secure.

The main difference between these two types of lenders is how they evaluate individual borrowers. Private lenders might consider all three C’s of lending (credit, capacity, and collateral).  Hard money providers generally only consider the value of the collateral on offer.

Therefore, private lenders may put scrutiny on aspects of your financial history such as your credit score. A private lender may also want to get a sense of your capacity or your ability to repay your loan. They might look into your financial history to ensure your income is sufficient to carry your current debts, usually  this measurement is expressed as a debt to income ratio (DTI). If your credit score or DTI doesn’t meet the private lender’s criteria, you may not qualify.

In contrast, hard money providers mainly look at the value of the collateral on offer, i.e., the value or potential value of the property you aim to finance. However because collateral is the primary consideration in the case of hard money there are some misconceptions when it comes to this type of lending.

The main complaint about Phoenix hard money lenders is that they are less willing to work with borrowers

Because hard money providers mainly look at the collateral offered by the borrower, they assume a higher risk. Because of this assumed risk hard money is often more expensive than private money. 

However, some assume that hard money providers are less flexible than their private counterparts. Because this type of lender only looks at collateral, they might have less confidence in a borrowers ability to repay. Therefore, if a  borrower meets turbulent fiscal headwinds, many assume it’s in a hard money providers best interest to foreclose on the property and resell it at a profit.

But this is a flawed assumption; because any reputable lender wants their borrower to succeed.

Foreclosure is a hassle, and no one wants to deal with it. So don’t assume your hard money provider won’t work with you if you run into financial difficulties.

Arizona Private Money Lenders may offer a better deal, but fewer borrowers may be eligible.

Going the private money route can result in a better deal.  Because most private money providers look into your credit and your capacity to repay,  and therefore they have more confidence in you as a borrower.

This confidence on the part of the private lender could give you the leverage to negotiate a better deal.

While private money may potentially be cheaper,  it may also be less convenient. You may not qualify according to the standards of an individual lender. In addition, underwriting your loan could take a long time, and this application process could cause you to miss out on your investment opportunity.

But there are no hard and fast rules in the case of either private money or hard money, as every individual lender is different.

Just know that the primary difference is that private lenders may consider( may being the operative word here), all three C’s of lending before approving an application, while hard money providers only consider the collateral on offer.

Private lenders might be able to offer cheaper loans, but the application process might also be less convenient when compared with their hard money counterparts. It is a catch 22. Private money might be less expensive but also less convenient. Hard money might be more convenient but it also might be more expensive. 

However, don’t make assumptions, every private or hard money lender is different. Ask any lender you approach about how they evaluate individual borrowers to see what type of deal you might be able to negotiate.

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

How To Understand House Flipping Loans


4page_img5-bigNot every loan works for every project so it is important that you understand all of the aspects of Arizona house flipping loans. This is a huge first step in a successful project.

Flipping houses can be a great business and a great way to build your personal wealth. But it can also be a very difficult business is you are not familiar with the financial needs and the criteria for that makes good house flipping loans. You will quickly learn that a traditional loan is not a good fit for most flippers. The biggest drawback on a traditional loan is the extended time frame to secure the loan. In addition, you need to have very good credit to qualify for most bank loans. But fortunately, there are much better solutions for your house flipping loans.

The best way to avoid all of the runaround and document requirements is to avoid the traditional lenders. Using a private lender is a lot faster and easier. The cost can be a little bit higher but in most cases, you can tailor the loan to meet all of your needs including a fast approval and funding process. These types of loans are called Arizona Hard Money Loans or asset-based loans and they are offered by a private lender or a small group of people who function together as a private lender.

The lenders are not looking at your credit history, income or even your credit score to decide if they are willing to loan you the money. For asset-based lending, the determining factor is the value of the property that you are buying. The lender requires that you use the property as collateral for the loan so that it is secured. All the lender is concerned about is that the value of the collateral is always greater than the balance of the loan.

Calculating the Amount of House Flipping Loans

Lenders who focus on these Arizona Hard Money Loans have a set loan to value ratio that they are willing to offer borrowers. The LTV is normally somewhere between 70% and 80% of the value of the property. There are two reasons for this choice. First, this assures the lender that the property will always be worth more than you owe in the event of a default on the loan. Second, the lender knows that you are very motivated to get the deal done as you have invested your own money in the project to reach the asking price. This is known as having some skin in the game and is a good motivator.

Know The Terms

Flipping houses in Arizona can be a great business and can grow very quickly if you are aware of the proper types of funding for these projects. In addition, you need to understand that the conveniences of hard money only come at a higher cost. So it is important that you find the best deal possible to begin your home flipping business and ensure your success.

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

The Benefits of Fix and Flip Loans


David ReeseFlipping houses quickly can be a very lucrative business. But the key to being successful is having fast access to fix and flip loans.

Most people are familiar with the traditional mortgage loans offered by banks and mortgage companies. But everyone also knows that securing a mortgage from a bank can take a great deal of time and effort. When time is critical, such as it is when flipping a house for a profit, Arizona Fix and Flip Loans offer all of the benefits that you need including a fast approval and funding time. A standard bank loan can take far over a month just for approval but the private lender will be able to process your documents and have an answer for you in just a few days.

Another benefit to Arizona Fix and Flip Loans is that these loans can be used on any type of property purchase. A traditional lender is not going to be willing to look at bank owned, foreclosure, short sale or a run-down property and make a fair decision. But a private lender is only really interested in the current value of the property. Banks do not like to lend on riskier investments but a private lender is willing to assume a greater risk as long as the borrower is willing to pay a higher interest rate.

Another drawback to a traditional lender is that fact that they are counting on a full interest payment. This means that if you pay the loan off early, the lender is making less money in the form of interest. So to avoid that, the lender will charge an early repayment penalty. Basically, no matter when you pay off the loan, it still costs you the same amount. But a private lender is not going to charge you any early repayment fees in most cases. But it is critical that you read the entire loan document prior to signing it as the lender is free to impose any terms that he or she sees fit. It is your job to catch any issues with the terms before you sign the loan documents.

Costs of Repairs

When you are flipping a property, you understand that a large part of the cost involved is going to be for the materials and labor for repairs. A traditional lender is not interested in this issue and will not always work with you on a loan for repairs. But lenders who specialize in Arizona Fix and Flip Loans normally will set up a loan reserve which helps to cover some of the repair costs for the property in additional interest.

Pick The Right Lender

As you begin to learn more about the process of fixing and flipping houses, you will also learn more about the financial side of the business. But when you first start out, it is important that you select a lender who is familiar with the process and knowledgeable about the real estate market. This will ensure that you have a good resource and a solid partner to guide you through your first loan experiences.

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

Types of Deals and Properties for Arizona Hard Money Loans


Brandon-Abney-Arizona-Home-Mortgage-FHA-Specialists-150x150Not every loan is perfect for every type of purchase. But there are many deals work very well within the parameters of Arizona Hard Money Loans.

One of the great features of Arizona Hard Money Loans is that they are funded by private lenders. This means that the borrower often has a great deal more freedom with regard to the type of property being purchased with the funds. The loan is being secured by the property so the lenders do want to be certain that the property value is greater than the loan. He or she will also be interested in the saleability of the property in the event of a default on the loan. But as long as there is a market for the property, most lenders are willing to fund a loan for any type of property. That is not to say that some lenders don’t specialize in a specific property type, but as a rule, any type of property including residential, commercial or industrial can be purchased with hard money.

Some of the features of Arizona Hard Money Loans make this a better loan for certain types of purchases. The short-term of Arizona Hard Money Loans makes them impractical for most home purchases but it also makes them ideal for many investment type purchases. Real estate investors who purchase properties to quickly fix up and resell, flippers, are very fond of hard money simply because it is easy to apply for and secure as well as being one of the fastest funding loans. In the world of real estate flipping, time is a critical element that makes it a perfect fit for hard money.

Hard Money Land Loans

Land can often be harder to purchase with a traditional loan. But a hard money lender is often happy to have the land as collateral on a loan. This allows the borrower to purchase the land and improve it with a building, utilities or other features to make the land more valuable prior to selling it. And with the loan for the land being hard money, there is less of a chance that the purchaser will be denied a construction loan for the addition of a structure.

Hard Money Loans with Bad Credit

Many borrowers find that with bad personal credit or no personal credit history, it is impossible to obtain a traditional loan to purchase real estate. But hard money lenders are basing their decision on the value of the property being purchased and not the creditworthiness of the borrower. So a bad credit score might mean that you pay a slightly higher interest rate, but in most cases, you will be able to get a hard money loan. Hard money can also be your only option if you have gotten into a very expensive project and you have overextended your credit or maxed out all of your other options. Again, the interest might be higher but you can get a hard money loan. Finally, for a busy flipper who might have multiple properties under contract at one time, the hard money lender will not decline your request based on the number of loans that you are carrying. The only really important factor is the value of the property. Knowing how to use these loans correctly can open many doors for someone who wants to enter the real estate industry as a flipper.

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

Who are Hard Money Lenders?


iStock_000003964390XSmallWhen you are looking for hard money, it is not as easy as going to your local bank. It is important that you understand who Arizona hard money lenders are and where to find them.

When you need a traditional loan, all you need to do is go to your local bank and see a loan officer. Or if you work with a national bank, you can often go online and begin the application process there. But finding hard money lenders is not as easy as going to the bank. You will likely want to begin your search on the Internet and then schedule interviews to meet potential lenders.

Hard money lenders in Arizona are private lenders who might not even operate a full office. In other cases, the private lender could be a part of a group of lenders who work out of an office. But the best place to begin your search is the Internet. This will let you find lenders in your area. Having the ability to meet face to face with the lender is a good idea if you are new to the hard money lending process. It allows you to ask questions and will add to your comfort level as you learn the business. Meeting the lender or lenders in person is also a good way to dispel some of the myth about hard money being a less than ethical lending resource and that the lenders are shady.

Another important bit of information to keep in mind is that private lenders have the ability to structure their loans as they see fit, unlike the tight structure that most banks must follow. This can work in your favor if you want to request certain special terms but it can make the process more confusing if you do not take detailed notes regarding each lenders terms.

What to Expect from a Hard Money Lenders

Even with the ability to create tailored terms, most lenders will only extend Arizona Hard Money Loans out to a year and the interest rates can range from around 7% to as much as 15% or more. The level of risk involved in the loan will often dictate the interest rate offered. Some lenders also work with unique repayment schedules where the payment rate changes each month. This can be helpful as the early payments are normally small but the later payments can be much larger.

Know You Project

Before you begin to speak with lenders, it is important that you prepare yourself.  Arizona Hard money lenders are not adverse to taking a risk when making a loan, but they do expect to see the money returned as well as the fees and interest. So knowing the details of your property and your project will allow you to answer the lender’s questions and also appear knowledgeable and prepared to complete the project on time and on budget. This confidence might end up being the deciding factor for you getting the loan or it might be what gets you a slightly better interest rate. But being professional is always going to offer the best potential.

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.
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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