Getting your family business started with hard money lending

One of the main reasons folks had so many kids generations ago was so they could help on the plantations when they became old enough. Fun fact: this is also why summers were taken off from school, when farm work was at its most demanding. Today, folks still have many kids either because of religious backgrounds (i.e. they are from a Mormon or Catholic church) or because they don’t really understand birth control, as simple as that sounds to normal people.

But how do you keep your kids motivated in school and off drugs and away from skid row? Well, back before child labor laws were made up, you made them work. Nowadays, kids are such slackers, always watching internet videos, it’s no wonder they never move out or get decent jobs, even after attending a college for four or five years. One way to circumvent this is to put them to work on your house. In fact, why not make it your entire livelihood? You could acquire broken down, beat up, old properties and renovate them, selling them for a profit. They call this “flipping” in the market.

Unfortunately, flipping projects like this aren’t usually approved by the banks – not because you’re involving your kids, but because only getting a loan for such a short period of time doesn’t really help the bank out at all. You might want to consider some kind of thing like a private money lenders California. These kinds of loans have a higher approval rate and get your foot in the door with little or no credit or background checks. You’re mostly just paying off the inflated interest. That’s why these things called California hard money are known to build character– a great thing to role model for your kids!

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
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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

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