Beretta Only: house flipping loans in Arizona

Showing posts with label house flipping loans in Arizona. Show all posts

Sunday, November 25, 2018

Can You Receive Loans to Flip Houses in Arizona?

Things to consider when acquiring Loans to Flip Houses in Arizona. The who, what, where, when, and why.
So, you have set your sights set upon the potential lucre of flipping houses. Maybe you’ve watched enumerable hours of HGTV. Maybe you’ve seen your friend low-ball a house at auction, install a granite countertop, and landscape a backyard. A month later, after marketing the property on Facebook, he or she sells the property earning a 45% return. You like money. You covet the profits others have made, but you don’t quite know where to get the money to start. So, first, you use public real estate software to compare the houses in your area. Eventually pinpointing a lucrative area, you find a house that is a little run down but nestled within a good neighborhood. Based upon the photos, the general appearance, and a guided tour of the house, you calculate the expenses for purchase and the needed renovation.
You feel comfortable about the numbers and the possibility to make money. However, you need to find a company that provides Loans to Flip Houses in Arizona. You do some research and find the main sources that fund house flipping:
Traditional banks or credit unions
Hard money
Friends or family
Out of pocket
A Helping Hand for Those in Need of Loans to Flip Houses in Arizona
Well, you are new to flipping, and have a limited credit history. That nixes traditional banking and its list of requirements. Your friends and family are living their own lives, and you do not dare pester them for money. Your personal savings are not as high as they once were, but high enough to establish a sturdy down payment. After a little more reading, you find that Arizona Hard Money Loans to Flip Houses in Arizona seem to be the best option regarding funding. All you need to do is locate a property that has good enough equity potential to secure a hard money loan.
Fulfilling dreams, Arizona Hard Money Loans to Flip Houses in Arizona have given new entrepreneurs the boost they need to enter into the real estate business and receive the profits they desire.
Upon researching local Arizona Hard Money Lenders and brokers in your area, you locate the funding help you need. As commonly offered to many people in the community, terms, LTV, cash down, interest, and stipulations are all conveniently arranged and explained by a local hard money agent. Boom. The power is yours. You now have the funding to start the business you’ve hoped for.

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

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.

Monday, November 5, 2018

Arizona House Flipping Loans: Risks and Benefits of Equity Partnerships

When it comes to financing your next flipping project, you may be wondering about the difference between equity "partnerships" and standard Arizona fix and flip loans.
Before you set out on your next flipping project you need to know what the cost of financing will be. The cost of capital basically determines the profitability of your project. Loans imply fixed payments. With loans you calculate the cost of financing by adding up the loan fees and total interest payments, you then subtract this cost from your projected profits. The terms of a standard loan are spelled out in black and white, the only variable in this case is how long it will take for your rehabbed home to sell.
Equity partnerships present more uncertainty.
When it comes to equity partnerships, there is a lot of risk versus standard house flipping loans in Arizona
In equity partnerships a specific amount of money is given for a particular percentage of ownership in the property. In this case, the investor receives a certain percentage of the property’s resale value.
Equity partnerships represent a gamble for both sides, as the return you generate is entirely up in the air until your property resells.
With an equity partner on board, there are entirely no guarantees when it comes to the cost of financing. Don't expect any investor to come on board with your project if you stipulate a cap on their potential returns. The implication here is that if you sell the property far and above your initial projections, you will have to give up a greater share of profits .
On the other hand, if the property resells below projections, an equity partnership might cost you less money than a standard loan. That is unless your investor stipulated a guaranteed return before they financed your project, if this the case, you might be personally liable to pay back the difference.
As you can see equity partnerships, there are few if any guarantees.
Standard Arizona Fix and Flip Loans are more predictable, but there may be some benefits to an equity partnership
Taking a loan out to finance your next project offers you the potential to keep a greater share of profits. Again the terms of the loan are spelled out well in advance and represent a predictable cost. Unlike equity partnerships, if your project does well your lender is not going to demand more money from you.
So you may be wondering why you might consider an equity partnership in the first place.
When comes to loans, the terms of the deal are fixed after you sign the papers. If your project runs into difficulties and your renovated property continues to linger on the market, your lender will still expect you to keep making payments.
With an equity investor, there is more flexibility. Your equity partner will likely not expect a return or any payment until the property actually resells.
So if the next house you aim to flip is in a lukewarm market, or if there is any other type of uncertainty, the flexibility of an equity partnership might benefit you. However, if you have more certainty to your property will resell at a profit, taking out a loan might allow you to capture more of the upside from your investment.

Friday, November 2, 2018

How to Retire Early with Loans to Flip Houses in Arizona

An early retirement may be in reach if you invest in the real estate market with a loan to flip a home in Arizona or property. Confidently step into the world of real estate investing with the assistance of the tips and tricks outlined in this brief guide.
Do you have hopes of retiring early so that you can have the freedom to get back to doing the activities that you love to do? This goal is entirely possible with the help of making money through investing in real estate. Getting started with a loan that can help you begin to flip houses can keep you on track to retire early. The best part is that you don’t even have to do the manual labor yourself. You can outsource this work. That’s right! Flipping houses in Arizona does not even require you to be a handyman.
Flipping houses can lead to the great potential to gain huge earnings and make a profit quickly. Most of the time, the main reason that people decide to get into or enter the real estate flipping market is that they have the hope of making a return on their invest quickly. If you are able to navigate the market of flipping houses in the correct way, flipping investment properties can lead to very expansive profit margins in a short period of time. For some people, this can happen in as little as a couple of months.
Real estate investment and flipping investment properties in Arizona can also give you extensive degree of knowledge of the various aspects that come with the real estate market. For example, you will be able to learn about construction and other areas of house flipping you may not have previously had experience with. This new knowledge could open further doors for you as you try to achieve your financial goals and financial prosperity.
Finding the Right Opportunities for Loans to Flip Houses in Arizona
House flipping and investing in real estate is actually at the highest level its ever been in the past decade. The rising prices of property has given an increased availability of financing. The limited housing supply is even giving flippers the great opportunity to be able to acquire higher profits than ever before.
Flipping houses with the help of loans can help you to triple your income and achieve the financial freedom needed to retire earlier so that you can get back to do the activities that you love.
Since the process of buying, fixing and quickly reselling properties in Arizona can be such a great way to begin to make money and retire early, it actually takes much more funds to undergo the process required to flip a house than it does to just purchase a property that you are hoping to live in. Find the right lending opportunities to get stared with purchasing houses to flip and turning these properties into profitable investments. More importantly, this may even allow you to retire early by giving you the financial prosperity necessary to do so.

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.

Monday, October 29, 2018

Phoenix Fix and Flip Loans: How to Make Money in Apartments

When it comes to fix and flip loans and apartments you need to have a strategy to pay off the loan as soon as possible. The following article will tell you where to find the best deals, how to value apartments and how you can use simple income boosting strategies, to maximize the value of your apartment property, quickly earn a profit and pay off the balance of your loan.
Before you take out a loan to flip an apartment, you need to find the right property.
Finding apartment properties to flip is a bit tricky, as most apartment buildings are sold off-market. Landlords don't want to alert tenants to possible changes in ownership, and so they avoid listing their properties outright. So to find apartment properties with the most potential you need to get in touch with local real estate brokers, who can give you a sense of which properties are available.
After finding a potential property to flip, consider the following:
• Is the property is in an exceptionally dilapidated condition: Is there an immediate need for physical improvements, If you can, then make these improvements, and you can quickly boost the properties value and resell it at a profit.
• Consider outside factors that could increase the property's value in the near-term: Are new public amenities like hospitals and schools about to be constructed nearby? If the answer is yes, then you may not need to spend any money to see the properties value appreciate.
With Phoenix fix and flip loans and apartments evaluate each deal based on the income potential of the property
The main difference between flipping apartments versus single-family homes is a matter of valuation. Residential properties are valued based on comparable sales, which limits the potential returns from residential flips. With commercial properties, I.e., apartments, the income generated by the property determines its value. Therefore the potential returns from an apartment renovation can be enormous, depending on how much you can raise the amount of income generated by the property.
When it comes to valuing apartment buildings, the value is usually set based on the market cap rate (annual income/ fair market price) divided by the overall annual revenue generated by the property.
So if your apartment earns 120,000 dollars in income annually and the prevailing cap rate is 5 percent= 120,000/.05= 2.4 million dollars.
This nuances of this valuation process are beyond the scope of this article.
However before taking out any loan you need to have a strategy in place to pay it off quickly. You also want to earn a profit by causing the value of the property to appreciate as quickly as possible. So when it comes to apartments, what's the fastest way to raise a properties value? Raise rents.
With fix and flip loans and apartments your best bet is raising rents which present a low cost way to boost value and pay back your loan quickly.
With any flipping project, you need a short-term strategy to boost a properties value, to pay off your loan and earn a profit as quickly as possible. When it comes to apartment flips the best way to boost value is to raise rents.
Obviously can be amoral or unethical about this, the improvements you make should justify any rent increases. However, in some cases you can still raise rents without paying for any improvements at all. If a property is charging rents that are exceptionally low, you can raise rents to a reasonable standard and quickly earn a profit.
Even a small increase in rent can dramatically boost the value of an apartment building. Consider the first example where the property was valued at 2.4 million dollars
• 120,000 (annual income) /.05 (cap-rate)= 2.4 million dollars.
This property is a 20 unit building, and each unit brings in 500 dollars in rent per month. If you were to raise rents by 50 dollars the property will earn 1,000 dollars of additional income per month, or 12,000 in extra annual revenue.
While this might not seem like a lot, this small increase in rent, based on a 5 percent cap rate, equates to a new valuation of:
• 120+12=132,000 (annual income)/.05 (cap-rate)= 2.64 million dollars.
So in this case that extra 12,000 dollars in income resulted in a 240,000 dollar increase in the properties value. As you can see, the sky is the limit when it comes to apartment flips. But of course there is math and then there is reality. So things wont always work out according to plan.
Nevertheless, before taking out a loan on an apartment property, find a reputable real estate broker and look for properties with:
• Easy low cost fixes that could raise value,
• Properties where new public amenities are being constructed which will increase the value of the property without any cost to you, and above all,
• Look for properties that are charging below market rents.
Raising exceptionally low rents to a reasonable standard is the fastest, and cheapest way to quickly raise the value of an apartment, allowing you to pay back your loan and earn a profit in the shortest possible amount of time.

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

Sunday, October 28, 2018

Using Hard Money for House Flipping Loans

There are many benefits to using hard money when you need house flipping loans. These nontraditional loans offer all of the flexibility and benefits that will make you profitable.
Traditional loans are designed to be used by home buyers who are going to carry the mortgage for 15, 20 or even 30 years. But house flipping loans should never reach even a year if you are running your business correctly. You want to buy quickly, make the repairs and renovations and then get the house resold for a profit as quickly as possible. And asset-based lending or Arizona Hard Money Loans as they are also called can be the perfect loan for flippers.
Arizona Hard Money Loans are very short-term loans. Many are for only a few months and because of their short-term, the rates are higher than a traditional loan. The rates range from a low of about 7% to as high as 15% or more if the lender is unsure of the deal. There are also additional fees that the borrower will pay such as closing costs and lender fees. But the biggest benefit of hard money is that the application process is very fast and simple. Many loans are fully processed in less than two weeks which is far less than the average 90 to 180 days for a traditional mortgage to process.
The process to qualify for Arizona Hard Money Loans is based more on the value of the property that you are buying than it is on your personal creditworthiness. While the lender might check your credit score and require a score of 550 or better, that is far below more traditional lenders standards. The value of the property is also what will determine the amount that the hard money lender is willing to offer you. The loan to value rate is how this is determined. Each lender has a specific percentage of a property’s value that he or she is willing to loan. In most cases that number is between 70% and 80% of the current value of the property.
Collateral on House Flipping Loans
The reason that the LTV is important is that the lender will require that you use the property as collateral for the loan. This protects the lender in the event that you default on the loan. Bu loaning only a percentage of the property value, the lender will always know that the collateral is worth more than the balance you owe on the loan. If you do default, the lender will take possession of the property and sell it to recover his or her investment in the loan.
Hard Money is a Wise Choice
As long as you make wise choices and are aware of the expenses of an Arizona house flipping loans, hard money is a good selection to fund your purchase. But only when you have a clear renovation plan and time frame for completion of the project. The short timeframe of the hard money loan and the higher interest rates leave little margin for error if you want to earn a good profit.

Monday, October 22, 2018

Triple Your Income Today with House Flipping Loans

Start 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 can quickly triple your income if you follow some of the helpful strategies presented in this guide.
Are you considering getting started in the real estate market but don’t know how to go about doing it? You can make all of your financial goals a reality with the assistance of house flipping investments. Many people are reaping the rewards of real estate investments and there is no better time than now to see what these types of investments can do for you and your own financial dreams.
Consider the benefits of house flipping loans in Arizona:
Potential to Quickly Turn a Profit and Even Triple Your Income
We start any new investment with the hope of turning a profit. It makes sense that perhaps then the most obvious reason that a person might have for flipping a house or other investment property is to attempt to make some money.
The companies and individual people that are dipping their toes into real estate market are enjoying extremely lucrative results. That fact is that with real estate investment not only can you our your company achieve significant returns on your investments, but you or your company will be able to receive these returns on your investments extremely quickly in most scenarios.
Personal Networking and Development Opportunities
Though it may seem at first that investing in house flipping is going to require a significant amount of time and investment, there is actually a great deal of valuable, important experience to be gained from the art of flipping houses or other investment properties.
Beginning to get into the real estate market and starting the practice of frequently purchasing properties and the necessary materials needed to work on these properties helps you or your company begin to brush up on or develop great negotiating skills. You can learn how to become a much more capable delegator, expert at task management, and hold people accountable. Your knowledge of construction and real estate will also expand.
Are House Flipping Loans in Arizona a Worthwhile Investment?
Flipping houses is more than the money. Even if you may be only interested in flipping houses for the monetary awards, it is clear that flipping properties is more about the cash and checks.
The real estate industry is a buzzing market that has all of the tools you need to achieve your dreams and financial goals.

Updating a property is a way of cleaning up an old neighborhood and developing new communities you are in a way giving back to the community and rewarding yourself with this form of enrichment. Flipping houses goes more than achieving your income goals or expanding your wealth. Triple your income mentally and physically by giving back to the community and surrounding areas by upgrading old homes or properties and helping to elevate the quality of the surrounding community.

Beretta Only

Sunday, November 25, 2018

Can You Receive Loans to Flip Houses in Arizona?

Things to consider when acquiring Loans to Flip Houses in Arizona. The who, what, where, when, and why.

A Helping Hand for Those in Need of Loans to Flip Houses in Arizona

Fulfilling dreams, Arizona Hard Money Loans to Flip Houses in Arizona have given new entrepreneurs the boost they need to enter into the real estate business and receive the profits they desire.

Monday, November 5, 2018

Arizona House Flipping Loans: Risks and Benefits of Equity Partnerships

When it comes to financing your next flipping project, you may be wondering about the difference between equity "partnerships" and standard Arizona fix and flip loans.

When it comes to equity partnerships, there is a lot of risk versus standard house flipping loans in Arizona

Standard Arizona Fix and Flip Loans are more predictable, but there may be some benefits to an equity partnership

Friday, November 2, 2018

How to Retire Early with Loans to Flip Houses in Arizona

Finding the Right Opportunities for Loans to Flip Houses in Arizona

Flipping houses with the help of loans can help you to triple your income and achieve the financial freedom needed to retire earlier so that you can get back to do the activities that you love.

Monday, October 29, 2018

Phoenix Fix and Flip Loans: How to Make Money in Apartments

With Phoenix fix and flip loans and apartments evaluate each deal based on the income potential of the property

Sunday, October 28, 2018

Using Hard Money for House Flipping Loans

There are many benefits to using hard money when you need house flipping loans. These nontraditional loans offer all of the flexibility and benefits that will make you profitable.

Collateral on House Flipping Loans

Hard Money is a Wise Choice

Monday, October 22, 2018

Triple Your Income Today with House Flipping Loans

Are House Flipping Loans in Arizona a Worthwhile Investment?

The real estate industry is a buzzing market that has all of the tools you need to achieve your dreams and financial goals.

About Me

Total Pageviews

Blog Archive