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Monday, October 8, 2018

Arizona Commercial Loans and Commercial Property types: Tips for individual investors

If you’re not a real-estate conglomerate, you may be wary of taking on Arizona commercial loans to invest in commercial real estate. Learn about the general commercial property types, the amount of financing you should aim to secure and general strategies to maximize the returns from your Arizona Investment Property.
Commercial real-estate can be a confusing business, and if you are beginning to invest in real estate, you might consider avoiding commercial property altogether. While investing in commercial property is a bit more complicated than investing in residential property, there are some basic property types, prices ranges and general strategies that every commercial real estate investor should know.
Broadly speaking, there are three types of commercial real-estate you might consider purchasing. The first is multi-family housing (i.e., apartments), which is any form of accommodation with 5 or more units. The second class of properties are shopping centers, vacant storefronts or empty units in strip malls. The third class of properties are offices, and this property type is pretty self-explanatory There are of course other types of commercial real estate, but these are three classes an individual investor should consider.
When it comes to Arizona commercial loans is there a specific amount of financing for each type of property?
There is no specific amount of loan for each property type, but as an individual investor, you should start small.
When it comes to multi-family investments, look for properties that are in the 500 k to 5 million dollar range. When it comes to both offices and shopping centers, your best bet at first is to start small and then scale up as you gain income and experience.
Shopping centers are capital intensive. Until you secure the right mix of tenants, your investment will not generate a whole lot of consistent income, so you don't want to take out a massive loan at first. This same principle holds true for offices as well. Until you have a few long-term leases, you won't likely see a steady stream of income from your investment, so start with a small loan.
Buying a large, expensive group of apartments, a massive storefront or a class A office building could mean you'll be saddled with a loan you can't afford. However, as you gain income and experience, you can then scale up and begin investing in larger commercial properties.
So start with a small loan and then scale up your investment efforts.
When it comes to Arizona commercial loans what is the best way to make money and generate a return from your investment?
Its simple, you want to build equity. An overarching theme when it comes to all types of commercial property is to increase profitability. By increasing the profitability of commercial property, its overall value increases, allowing you to build equity.
You can increase the profitability of commercial property by making improvements, increasing rents or cutting down on expenses wherever possible. This general strategy holds true for all three commercial property types. After you have built up enough equity in your investment, you can simply hold onto it, or you can pay off your loan either by refinancing or by reselling your property at a profit.

So commercial real-estate investment doesn't have to be complicated. As individual investor you need to the consider the type of property, you need start small until you have a steady return from your investment and you need to increase the profitability of your Arizona Investment Property in order to build equity.

Happy senior business man making his notes at work 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.

Arizona Hard Money Lenders: A Helping Hand for those in Financial Turmoil

If you are a real-estate investor and have recently experienced bankruptcy or some other financial difficulty, you likely won't be able to qualify for conventional financing. In spite of your current credit challenges, Arizona Hard money lenders can help you acquire new properties and continue investing in real-estate. Just don't consider hard money the best way to clear up personal debts or think of it as a long term solution.
If you’re a real-estate investor and your last deal didn't quite pan out the way you planned, you might find your credit in ruins and yourself unable to secure new financing. Even so, you still have options which can enable you to continue investing in real-estate, I.e., Hard money.
If your not aware a hard money deal is secured by the "hard asset," being purchased, which means that your current or past financial difficulties aren't at the forefront of a hard money providers mind. If there is enough potential in your real-estate investment, this type of lender may be willing to overlook your financial difficulties, including bankruptcy.
Arizona Hard money lenders might be able to overlook your financial difficulties, even if you’ve undergone a recent bankruptcy you might still be eligible.
Hard money providers consider the value of your investment, instead of your financial situation. However, this type of lenders willingness to overlook your financial difficulties will vary and will depend on their appetite for risk.
Nevertheless, credit is basically a non-factor in the case of hard money, and you may qualify even if you've undergone a recent bankruptcy.
Note however that under Chapter 13, you will have to negotiate any hard money deal with your previous lenders; so under Chapter 13, it might be impossible to secure hard money financing.
But even if you can qualify for hard money, is this the right financial solution for you?
To avoid the pitfalls that come hard money carefully evaluate your situation. Arizona Hard money loans are best used for real estate investments and you should not consider them a long-term solution to your current financial issues.
Hard money is probably not an ideal solution for general day to day financial issues. In most cases, hard money is meant exclusively for investment in real estate. That is because it’s the value of real estate secures most Hard money deals.
So, unless you are willing to pledge your primary residence to secure this type of loan (probably not a good idea if you can't pay your current debts), don't consider hard money as the best solution for personal financial issues.
Hard money is also not a long-term financial solution. This type of lender charges more in interest because of the risk they take in overlooking your credit score. Most hard money deals are for the short-term and are usually paid off by the resale of the property being financed. In the case of hard money, your aim should be to pay the loan off as quickly as possible. Note however with hard money there is usually the option to refinance to a less expensive loan after your financial situation improves.
Basically, Hard money gives you options. Hard money providers can look past a recent bankruptcy because credit is not their primary consideration. Nevertheless, hard money is not the way to overcome personal financial difficulties, as this type of loan should be used to invest in real-estate.
In the case of hard money, always have a plan in place to pay the loan off as quickly as possible, either through the sale of your Arizona Investment Property or refinancing.

Still, hard money enables real-estate investors in the midst financial turmoil to continue making deals and purchasing new properties.

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.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Sunday, October 7, 2018

Evaluating your options when it comes to Arizona Investment Property Financing

Evaluating your options when it comes to Arizona Investment Property Financing real estate, you may be overwhelmed by the multitude of Arizona Investment Property financing options available.
The first option you might consider if you want to invest in real-estate is a conventional investment mortgage. An investment mortgage, is the same thing as a regular mortgage expect that it is used to purchase investment properties.
While an investment mortgage offers the lowest rates, the underwriting process takes a long time. In the worst case scenario, the sale of the property you were considering might go through, as you wait on your conventional lender to review reams of financial documents. So, if a conventional investment mortgage is the only financing option you consider, you could miss out on the best deals.
While conventional financing offers the lowest interest rates, these lenders have exceptionally high standards which many new investors may not be able to meet. The main issue comes down to credit, to get the best conventional investment mortgage possible your credit score should be over 700, the minimum is 620. So if your credit score is lower than 620, there is little to no chance you can qualify for an Arizona investment mortgage.
So if you can't qualify for a conventional Arizona Investment Property financing, can you still finance the purchase of an Arizona Investment Property?
Some investors draw equity from their primary residence to finance the purchase of their first Arizona Investment Property, while others secure loans from crowdfunding websites. Some investors may have friends or family members with deep pockets, who are willing to help and who can finance their first purchase.
Home equity lines of credit, crowdfunding, and personal loans are all options you could consider if you can't qualify for a conventional investment mortgage. However, of course there are drawbacks to consider.
With home equity loans, you put your primary residence at risk if you default. With crowdfunding there are not guarantees your loan will ever be fully funded and borrowing from close friends and family can put a severe strain on your relationships if you run into financial difficulties.
If you can, you should consider hard money which can be an excellent Arizona Investment Property financing option
This type of lender uses the value of the property you aim to purchase as a means to secure the loan. For this reason, hard money providers can look past your financial situation and your personal credit score, making hard money an option if you can't qualify for a conventional investment mortgage.
Unlike home equity loans, with hard money, there is often no need to pledge your primary residence as collateral. Most hard money providers have the funds on hand to fully finance your loan. So with hard money, unlike crowdfunding, there is no need to wait around for your loan to be fully financed. Unlike personal loans, you don’t risk your relationships with hard money.
While hard money is more expensive than other types of financing, it gives you options.
After you purchase your Arizona Investment Property, you can always refinance to a less expensive conventional loan after your financial situation improves.

So if your just getting started in real-estate investment and you can’t qualify elsewhere consider hard money as a potential financing option.

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.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Wednesday, March 21, 2018

Tips for Landing Commercial Loans

Commercial loans are all about risk. Lenders are looking for some very specific criteria before they are willing to approve a loan application.

Commercial loans are more difficult to get than consumer loans because they are often for a much larger dollar amount. Lenders are in business to make money and that means that they must be very selective when lending a large sum of money. Understanding the criteria that lenders use to evaluate applicants and why they have these standards will help you to tailor your documentation to these criteria and show lenders all of the right information about your business.

Lenders are first and foremost concerned with your ability to repay the loan that you are requesting. They want to see long term documentation in the form of profit and loss statements, bank statements and tax returns to demonstrate that your business is financially stable. The might also want to see documentation about other credit which has been extended to your business. This could be in equipment rental, from a supplier of materials, from a property that has been leased or from a vendor. Lenders also favor a borrower who has some cash in savings to cover expenses in the event of a slowdown in business and revenue.

The next big interest for a lender is that the commercial property that you are purchasing has a value greater than the loan which you are requesting. This is because the property will serve as collateral for the loan. In the event that you default on the loan, the lender will take possession of the property and sell it to cover the outstanding balance of your loan. In most cases the loan will only be approved for about 80% of the property’s current value. This is due to the volatility of commercial property values. Having that instant equity in the property assures the lender that even if the property value drops, the loan will still be adequately secured.

Becoming a Personal Guarantor

In some cases a business entity does not have sufficient credit history to demonstrate financial stability. When that is the case commercial loans are secured by a personal guarantor which is normally the owner of the business. The owner needs to be able to demonstrate to the lender that their personal assets and money can be used to cover the loan payments. Again, the lender will need to see documents including bank statements, tax returns and personal net worth statements to verify the guarantor’s finances.

Understand the Lenders Goal

In almost every case, a lender is simply looking at numbers to determine if a loan applicant is a good risk. Knowing this information, it is critical that you show repeatedly that the business is financially stable, has a strong and steady stream of revenue and that you are also financially stable. In addition showing that the business has sufficient cash reserves to bridge a short term cash flow issue will give the lender added confidence in your ability to repay the loan that you are requesting. Approval for commercial loans is based on ability to repay the loan and the financial stability of the business in almost all cases.

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.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Monday, December 7, 2015

Want To Be a Landlord? Texas Hard Money Lenders Can Make Your Dreams Come True!

If you are dreaming of making extra income by investing in rental properties, Texas hard money lenders may be just what you need to make your dreams come true. With fast loans and streamlined paperwork, hard money loans can help Texas investors with all of their goals.

If you want to invest in rental properties, you probably already know that being a landlord can be very lucrative. While it is not exactly passive income because you do have to maintain, rent, and service your units, it can be a great way to make extra money and build equity in the property. What you may not know, is that Texas hard money lenders can be a great way to start investing in rental properties.

Texas hard money lenders service hard money loans. Hard money loans are cash loans that are asset based. This means they are based on the merit of your investment property, not your individual credit score or debt to income ratio. This is great new for Texas landlords who often have high debt to income ratios due to multiple investment properties. In addition, loan times are fast and there is little paperwork, meaning you get your cash faster to purchase your property.

3 Ways Texas Hard Money Lenders Can Help You With Your Rental Purchase

If becoming a landlord using Texas hard money lenders sounds like the right choice for you, here are a few ways that your lender can help you achieve your goals.

1. Residential properties: You can use Texas hard money loans to purchase residential rentals like single family homes, duplexes, and even apartment complexes. With high loan to value ratios and the option to use other assets to cross-collateralize, you can usually borrow most of the purchase price of the property.

2. Commercial properties: Texas hard money lenders can also give loans on commercial properties. This is ideal if you want to rent space to businesses instead of housing. Commercial rentals can be a great option because there is usually less maintenance and depending on the location, you may be able to charge higher rents per square foot.

3. Your lender can help you even if you have bad credit. FICO scores don't matter to Texas hard money lenders. Make sure you have an investment plan and a way to pay off the loan but don't worry about previous debts.

Once you have decided to use Texas hard money lenders to finance your rental purchase, find the right help for you!

Find a lender who specializes in alternative funding sources and is knowledgeable about hard money loans. Don't be afraid to ask questions and shop around for a lender that you feel comfortable with.

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

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

Thursday, November 19, 2015

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

Tuesday, November 10, 2015

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

Beretta Only

Monday, October 8, 2018

Arizona Commercial Loans and Commercial Property types: Tips for individual investors

When it comes to Arizona commercial loans is there a specific amount of financing for each type of property?

Arizona Hard Money Lenders: A Helping Hand for those in Financial Turmoil

Arizona Hard money lenders might be able to overlook your financial difficulties, even if you’ve undergone a recent bankruptcy you might still be eligible.

Sunday, October 7, 2018

Evaluating your options when it comes to Arizona Investment Property Financing

Evaluating your options when it comes to Arizona Investment Property Financing real estate, you may be overwhelmed by the multitude of Arizona Investment Property financing options available.

So if you can't qualify for a conventional Arizona Investment Property financing, can you still finance the purchase of an Arizona Investment Property?

If you can, you should consider hard money which can be an excellent Arizona Investment Property financing option

Wednesday, March 21, 2018

Tips for Landing Commercial Loans

Becoming a Personal Guarantor

Understand the Lenders Goal

Monday, December 7, 2015

Want To Be a Landlord? Texas Hard Money Lenders Can Make Your Dreams Come True!

3 Ways Texas Hard Money Lenders Can Help You With Your Rental Purchase

Once you have decided to use Texas hard money lenders to finance your rental purchase, find the right help for you!

Thursday, November 19, 2015

How to Work From Home With Hard Money Loans Texas!

Tuesday, November 10, 2015

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

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