What You NEED to Know About FICO Scores and Hard Money Loans Texas!

Many Americans will find themselves in the position of having "bad" credit at some point in their lives. However, bad credit does not have to keep you from your dreams of real estate investing. With hard money loans Texas, credit problems can be no problem at all.

If you have bad credit, you may feel like you can never catch a break. Everything from car loans, to home mortgages, to store credit cards may be out of your reach. However, it is important to know that you are not alone. Bad credit is classified as a FICO score of less than 640 and nearly one in four credit using Americans fall into this category.

A low FICO score might make it seem like real estate investing is out of your reach. This is simply not true. With hard money loans Texas from Texas hard money lenders, the real estate investment market is within your reach. This is because hard money loans Texas are not based on your credit score. Instead they are based on the merit of the property you want to invest in. Texas hard money lenders are in more than the business of giving out loans, they are in the business of making money, for you and for them. If you have an idea that will yield substantial profits, they are usually willing to look past your less than ideal credit score.

If you are going to invest in a property with Texas hard money lenders and you have bad credit, you need to keep a few things in mind.

1. You will pay a higher interest rate for the loan. You are a high risk borrower so your hard money loans Texas will come with a higher price tag. Keep in mind that this is meant to be a short term, for profit loan and make sure you have an exit plan.

2. You need to be taking active steps to repair your credit. If you come to your Texas hard money lenders with terrible credit, no job, and are late on multiple payments, you can expect to not get a loan. You need to be able to show that your credit problems are a minor setback, not a regular habit. This means start making payments on time and have a source of income.

3. Come in with a plan. Have a property you want to purchase and timeline for selling it, as well as a realistic budget. Convince your Texas hard money lenders that YOU are a good investment.

4. Get to work and make money. The faster you complete your project, the less interest you will pay.

5. Enjoy your profits, rebuild your credit, and keep investing in real estate!

That's it, pretty simple, right? Call us today to get started!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

  

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

How to Get the Money You Need With Texas Hard Money!

Many people are confused about Texas hard money loans, but they shouldn’t have to be. Texas hard money is a loan where the investor receives their financing merely based on the value of the property they have instead of the traditional kind of bank loan that is dependent upon the kind of credit a person has. This can be a difficult loan to obtain for some kinds of people and that is why Texas hard money can be a truly wonderful thing.

You can use your Texas hard money loan to fix up the property. It is important to keep in mind that the longer you have the loan, the more interest you will pay. Rates vary based on the prime rate but you can expect to pay anywhere from six to eighteen percent, depending on a variety of factors. It is usually best to use Texas hard money loans as a short term loan options, not a long term financial solution.

While interest rates can be higher with Texas hard money versus other kinds of traditional bank loans, the rates are often worth the rewards. Approval times are fast, often in as little as two weeks. Also, your credit score is not a determining factor and neither are other aspects of your personal finances. Hard money lenders Texas base your financing on one thing, the merit of your investment property. 

It is important to remember that if you are having difficulty finding a traditional bank loan to finance your property, there are other ways. You can bypass the paper work and the hassle of a traditional loan and make good again with your Texas hard money loan. These Texas hard money loans will keep your foreclosure at bay or help you flip the house you have been thinking about for years. Don’t let your dreams escape you! Get to your hard money lenders Texas today and forget about the traditional lending conditions that have you nervous. You can have everything you always wanted with a Texas hard money loan. Call us today to find out what you can qualify for. Get the money you need and make your dreams come true!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

How to Make Top Dollar With Hard Money Lenders Texas!

Real estate investors are always trying to make the most  from their investments. For many investors, this means purchasing a foreclosure and then fixing it up and selling for a profit. However, some investors end up losing money because of the renovations they do or do not do. If you are looking to renovate a house, listen to the people who know how to make money, hard money lenders Texas!

Hard money lenders Texas have real estate investment experience. A lot of it. If you are a new investor looking to use Texas hard money to fix and flip a property for profit, you may be unsure of what renovations to do to get the most bang for your buck. If you are confused about where to spend you money, take it from hard money lenders Texas, the investment property experts.

Here are 5 home improvements that hard money lenders Texas recommend to make the most money on your fix and flip:

1. Paint: Repainting a home a neutral color that will appeal to almost any buyer is always a good idea. It will help get prospective buyers through the door and it will make them feel like the home is finished. Just don't choose anything too colorful or taste specific.

2. Fix any visible damage: A small crack in the ceiling from settling may not be a big deal, but even cosmetic fixes can turn off some finicky buyers. Make sure to fix any small issues so that buyers see a finished home, not extra work they have to do.

3. Lighting: According to hard money lenders Texas, overhead lighting is often overlooked by real estate investors and it is very important to buyers. Installing good lighting and attractive fixtures is relatively cheap and will get you a high return on your investment.

4. Landscaping: Often investors will spend their entire budget inside the home and neglect the outside. While luxury landscaping is not necessary, you should use some of your Texas hard money budget to install some basic landscaping in the front and back yards.

5. Home staging: Once you have the home fixed up, it pays to have it staged, at least a little. Renting some basic staging furniture and accessories can help make buyers feel at home in the space, which will make the home sell quickly and for more money.

Using these tips from hard money lenders Texas will help you get top dollar for your fix and flip investment property. Using the right finishes and doing the right renovations could even result in a bidding war for your investment, driving your profits up even further. Take it from hard money lenders Texas, these improvements will sell your home!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

How to Work From Home With Hard Money Loans Texas!

If you want to be able to quit your day job, be your own boss, set your own hours, and work mostly from home, hard money loans Texas can be a great financial tool to make your dreams come true. By using hard money lenders Texas to make real estate investments, you can start on the path of financial independence and working for yourself!

During my career in real estate and mortgage lending, I have met many people who want to be able to quit their day job. Some crave independence, others want to make more money, and still others want to be able to set their own schedule. Whether you want to be able to work from home because it is convenient, because of family obligations, or simply because you would rather wear stretchy pants than a suit and tie most days, I am here to tell you that hard money loans Texas could be your ideal solution.

Hard money loans Texas are asset based loans given by Texas private money lenders or hard money lenders Texas. They are short term loans that are designed to be for real estate investments, usually fix and flips but they can also be used for short term commercial loans and even vacation rentals. In order to qualify for a hard money loan, all you really need is a solid investment plan. Hard money lenders Texas don't care too much about your FICO score, debt to income ratio, or really any personal financial details. We are in this with you to make money and as long as your investment idea is sound, we will help you get financing.

Once you have purchased a property, you can fix it up and sell it for a profit or whatever else your investment plan included. You pay off the hard money loan and the rest is yours to keep. The best thing about hard money loans Texas is that they give you the freedom to be your own boss. Sure, you do have to leave the house sometimes to meet with you lender, contractor, or realtor, but most of your research can be done at home, on your own terms. You even get to set the times for your meetings.

Best of all, hard money loans Texas can be very lucrative, giving you enough income to buy that boat, take that vacation, or put into savings. The sky is the limit with hard money lenders Texas!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

How to Make Your Retirement Dreams Come True With Hard Money Loans Texas!

When it comes to retirement savings, most people know the basics, 401ks, 457s, 403s, stocks, bonds, and many more options. But, did you know there are several disadvantages to these traditional options. Namely, they are dependent on the stock market, which we all know can be fickle, to say the least.

With ups and downs in the market, many folks are finding that they are losing their retirement savings. Take the story of one of my employees, for example. Her husband is a fire fighter with the majority of his retirement savings in a 457 fund. This quarter, they LOST $20,000. Now luckily, they are young and have time to make that money back, but all I could think when she was telling me this was how much better off they would have been investing in hard money loans Texas. 

You are probably thinking why, what makes hard money loans Texas a better retirement option than many traditional plans? Well, the answer is simple, hard money loans Texas are not dependent on the stock market and don't fluctuate from day to day as drastically. This is because hard money loans Texas are a real estate investment which is generally more stable since it is not affected by an earthquake in Brazil or the quality of the air in China (seriously, these things can and do tank the stock market). 

If my employee and her husband had used that twenty grand as a down payment for a Texas hard

money loan, they could have worked with Texas hard money lenders to fund the rest of the capital for a real estate purchase. They could have purchased a fix and flip property, vacation rental, or even a long term rental property. These would have made them money as either a fix and flip or long term monthly income. Either way, I guarantee they would have made well more than $20,000 and lost nothing if they made a smart investment. Much better than waiting and hoping there isn't a nuclear power plant meltdown in Japan. 

When you are investing in hard money loans Texas, it is important to keep a few things in mind to help minimize your risk and maximize your profit. Always work with professional Texas hard money lenders who have experience with hard money loans Texas. Each state has different regulations so having a lender who knows the laws in Texas is key. Also, make sure to work with a real estate agent who knows his stuff when you buy the property and always do your due diligence as far as appraisals and inspections go. 

If you work hard, you may find that hard money loans Texas are not only a great way to supplement your retirement income, but may also become a full-time job and passion. And they can help you retire on your terms, doing what you want. For me, that means opening my own shooting range here in the Loan Star State to pass on my passion for firearms and personal safety!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

Top 3 Reasons You NEED Hard Money Lenders Texas!

So, my long time readers know that I am passionate about firearms and personal protection. But you know what else I love, the feeling of being my own boss by investing in real estate, I am able to make investments because of hard money loans and want to share these tips with you all!

If you live in Texas and want to start investing in real estate, then you need to start looking into hard money lenders Texas! Hard money lenders in Texas are mortgage firms that specialize in helping investors find alternative funding sources to loan to investors as ways to make money on real estate. Here are the top 3 reasons that you NEED to start looking into hard money lenders in Texas.

1. Hard money loans Texas should really be called Texas easy money. Texas hard money loans are easy to qualify for and require very little income verification. In fact, the only thing that really matters is the potential to make money. This is great news if you have a high debt to income ratio due to having your assets tied up in other properties. This also makes hard money lenders Texas a great funding source if you are self-employed and have trouble verifying your income.

2. You have a bad FICO score. Like debt to income ratios, FICO scores don't matter too much to Hard money lenders Texas. Even if your credit is less than perfect, you can still get the hard money loan that you need.

3. You need cash fast! If you need cash in hand quickly to make an offer on a property, hard money loans Texas are just the ticket you need! It often takes only a couple of weeks to close your loan so you can get the cash you need for an auction or foreclosure property you want to buy.

Once you have decided that you NEED a Texas hard money lender, your first stop should be Level 4 Funding. We provide competitive rates and well as high loan to value Texas hard money loans. Our licensed professionals are passionate about Texas hard money and will fight for you to get the money you need. Give us a call today!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

How to Risk Less with Hard Money Lenders Texas

If you are in the market for a privately funded real estate loan, you have a couple different options. One is to have a private investor fund your loan. This can be someone you know or may even be a stranger who sees a good investment opportunity. While this method does have some benefits like fast approval and almost no paperwork, it can also be very, very risky. Without a solid contract you leave yourself open to losing everything. Your investor is also at risk, especially if you are both new to real estate investing or inexperienced with lending.

A much less risky private funding source is through hard money lenders Texas. Hard money lenders are a group of investors that is headed by a licensed mortgage broker. They give you a private loan with less paperwork, but they have experience and know all of the rules and regulations surrounding hard money loans Texas. In addition, you can be sure that your loan is legal and both parties are protected because the loan is sourced through a broker with experience.

Hard money lenders Texas provide many of the same benefits as a private lender but with less risk. Here are just a few of the benefits of getting hard money loans Texas from a hard money lender.

• Fast approval and funding. Usually you have your money in just a couple of weeks!
• Less paperwork. You won't spend countless hours filling out paperwork and providing income verification. Hard money lenders help streamline the process and save you time!
• Asset based loan. Your Texas hard money lenders base your hard money loans Texas on the property that you want to invest in, not your credit score. Good news if your FICO report isn't perfect!
• Short term loans. Hard money loans Texas are best used for investments so the terms are short. This saves you money on interest and makes everyone happy.
• Renegotiable terms. Hard money lenders Texas can renegotiate the terms of your loan if you need more time to complete your project. 

Stop procrastinating and call your hard money lenders Texas today! Get the loan you NEED to start your real estate project!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.