Hard money is keeping the real estate market afloat

While it’s very true the real estate bubble has left a bad smell in everyone’s nostrils, the market is still far from completely overcooked. Oversaturated, perhaps, but deceased? Not even close, buddy. People will always need to buy houses and live inside them (that’s just common sense), the only difference is right now there are more houses than needed for this market and everyone is broke as broke can be so that means anyone can afford one. Has it gotten that bad out there? Afraid so. Is it getting better? It certainly seems that way, according to the president.

Those that gain business by flipping old, uncared for and neglected properties have found that a house in brand new condition will sell much better against a house that’s laid unoccupied since it was erected. And the secret to acquiring and fixing up such properties is California hard money.

Getting a loan approved by a hard money lender California is relatively simple. These types of loans are backed by private men and women and are usually approved within hours if not days, without credit or background checks, unlike more drawn out and lengthy processed (not to mention often rejected, especially lately) loans from major banks or mortgage companies. If you aren’t looking to move in but simply want to renovate and resell for a profit, this is the method to consider.

Because of people daring enough to tackle such challenges, many people are finding hard money is the way to go in order to sell a nice looking house. And as the market only seems to improve, there’s a lot more confidence being built in such projects. All it takes is a little research and a little faith in economics. Everything will bounce back in the end.

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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