Beretta Only

Friday, August 5, 2016

In this economy, consider all your options financially

Indeed, tight lending these days creates opportunities for hard-money lenders like Jesus Cortez, a Phoeniz lawyer who has funded 19 mortgages for up to $112,000. The mortgages carry interest rates of 14%. For lenders, the profit potential is much greater than with traditional lending, an unofficial industry spokesman. If you lend on a piece of real estate, you can brag about it, drive by it, smell it, take pictures of it.

That’s why private money lenders Arizona is such a popular tool these days – even people who have lost it all in the recent real estate bubble bursting can stand proud and say, “My credit is terrible, but my ethics are not!”

Typically, individual hard-money lenders are matched with borrowers through loan brokers who make a commission on each deal. As with traditional mortgage brokers, they charge points and fees, which can be several thousand dollars per transaction. Some loans are set up with low monthly payments and a balloon payment due at the end of the loan term — a feature they share with some of the mortgages that contributed to the financial bust.

But even if the economy does recover, it’s not likely that Arizona hard money will go away over night. Some of the benefits that will always be there include fast funding within 24 hours, loan values up to 80%, investors or flippers are treated fairly and accepted and interest only payments are encouraged. Markets always crash and recover – trends like this tend to stay on track, even when times are good.

A quick and easy guide to finding the correct hard money loan

Hard money loans can be a great way to finance a specific or fun real estate investment but the loan application process can be quite different from traditional bank loans. Many potential hard money lenders Arizona aren't prepared to apply for a loan. Don't be one of the unprepared borrowers and you can do that by following these easy, simple steps.

Find the right project. Arizona hard money is collateralized with the property in question so finding the right one is very important. A property valued in the right range may not be in a suitable neighborhood. Remember, rule number one is avoid the ghetto – even if you flip a mansion, no one wants to live next to a crackhouse. Hard money lenders want to know that the property and the location are a safe investment.

Also, always have an exit strategy. Hard money loans are typically short term and usually are 1-2 years in length. The lender always wants to know that the borrower has a solid plan for either selling or refinancing the property long before the term is up. Knowing how you plan to repay the loan is a key factor in a hard money lender's decision. If you are doing this all wily nily, you’re going to look bad in the eyes of everyone and no one wants that.

Finally, have the proper documents ready. Hard money loans are primarily secured within the property but also knowing about the borrower is very important. You may be asked about credit, income and assets. Like a boy scout, be prepared.

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 real estate loan,commercial hard money lender,commercial hard money lenders

Labels: commercial hard money lender commercial real estate loan

Fixer upper project for the whole family!

Part of the reason people had so many kids years and years ago was so they could help on the farms when they became of age. This is also why summers were off from school, when farm work was most crucial. Today, people still have many kids either because of religious reasons (i.e. they’re Mormon or Catholic) or because they don’t really understand birth control as much as they love children.

But how do you keep your kids motivated and off the street and away from drugs? Well, back before child labor laws, you made them work. Nowadays, kids are so lazy, always watching TV, it’s no wonder they never move out or get decent jobs, even after attending a university for four years. One way to circumvent this is to put them to work on your house. In fact, why not make it you’re entire business? 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, projects like this aren’t usually smiled upon by the banks – not because you’re involving your kids, but because only getting a loan for a few months or a few years doesn’t really help the bank out at all. You might want to consider something like a private money lenders Arizona. These kinds of loans have a high approval rate and get your foot in the door with little or no money down. You’re mostly just paying off interest anyway. That’s why these things called Arizona hard money build character – a great thing to role model for your kids!

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 real estate loan,commercial hard money lender,commercial hard money lenders

Labels: commercial hard money lender commercial real estate loan

Despite popular belief, the real estate market isn’t dead

While it’s true the real estate bubble has left a bad taste in everyone’s mouth, the market is still far from completely dead. Oversaturated, perhaps, but dead? Not even close. People will always need to buy houses and live inside them (that’s rather obvious), the only difference is now there are more houses than needed for this market and hardly anyone can afford one. Has it gotten that bad out there? Afraid so. Is it getting better? It certainly seems that way.

Those that garner business by flipping old, unloved and neglected properties have found that a house in mint condition will sell much better against a house that’s laid unoccupied since it was conceived. And the secret to acquiring and fixing up such properties is Arizona hard money.

Getting a loan approved by a hard money lender Arizona is relatively simple. These types of loans are backed by private hands and are usually approved within days, without credit or background checks, unlike more laborious and delayed (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 path 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.

It’s still possible to make cash in the real estate market

In many of the metropolitan Phoenix area’s suburbs, there are dilapidated and neglected homes that were hastily built in the infamous real estate bubble. We’ve hardly even recovered from the dot com bubble and now there’s this? What next, right? And while suburbs like Surprise, Peoria, Gilbert, Chandler and Avondale are suffering, there’s still a demand for houses, however small it may be.

So if you’re a real estate agent in this day and age, it may be next to impossible to put bread on your family’s table. That’s why many are switching to hard money lenders Arizona to find ways to make ends meet. All they do is approach some kind of private money lenders Arizona and get an nearly instant approval for their loan, then they start on hiring the local painters, landscapers and other fixers and cleaners to help flip the property. This is happening all around you, in neighborhoods across the country, because a decent house that stands out above the rest of the decaying crap is all you can really sell.

And if you do sell it, which is still possible, believe it or not, you can make yourself a very healthy profit. It’s not rocket science – it’s just private mortgage loans. It may be more difficult to do this than it was even five years ago, but it’s not impossible. After all, anything worth doing is worth doing right and hard work usually pays off.

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 real estate loan,commercial hard money lender,commercial hard money lenders

Labels: commercial hard money lender commercial real estate loan

A Few Pitfalls To Avoid With Hard Money Lending Institutions

There are really two different kinds of hard money lending companies. The first are direct hard money lenders California who will do all the work. They will underwrite, fund and service your loan. The second are brokers who just shop your loan out to a direct lender. You have to be careful when dealing with companies that only broker hard money loans. Many of them are simply fee collectors that will require you to put up anywhere from a few hundred dollars to a few thousand dollars before they will give you a hard money lending decision. These types of places may or may not have the intention of funding your application, but if they don't, they will keep your money! There is a direct hard money lender that can fund in 13 states. However, they have nosey partnerships with other direct hard money lender California so that they can fund deals in states that are not our primary lending states. That way you get the best of both worlds because if you have a good deal, they will get you funding!

The hard money for funding your real estate investment deals has to come from somewhere. Hard money investors are people who believe in real estate and understand how important it is to driving our economy and building long term sustainable wealth. These people put up their own capital to fund real estate investment deals. Now they don't do this simply out of the kindness of their heart, they are looking to make a profit off the interest they charge on the loan. However, it's a win/win scenario because you make money on buying and selling a property, they make money on the interest from your hard money loan.

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
http://www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027111 Congress Ave |Austin | Texas | 78701

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.

Thursday, August 4, 2016

Easy money in the faltering real estate market.

Phoenix, Arizona has a population over 1.44 million and that number is only expected to rise in the coming years. Yet, it’s not a very condensed place, spread out to the far reaches of the horizon. So many houses were built in the real estate bubble a few years ago, but many of these properties now stand empty, neglected and decaying.

The housing market is slowly, but surely making a comeback – after all, shelter is a staple of human existence, so eventually houses will be affordable again. Let’s hope anyway. Some people have based their entire livelihoods on that exact hope and they’re doing it by acquiring these decayed properties, fixing them up in less than six months and selling them for a profit. This is called “flipping.”

But most banks cannot or will not approve loans for such projects. The solution? Arizona hard money. These types of lenders approve loans quickly and easily, but for a different, atypical rate than a bank or mortgage company would allow. The payments are made purely on interest, not on the loan itself, so that each party makes a pretty penny with a quicker turn around.

These types of loans aren’t for everyone. Usually, only businesses and real estate gurus should consider private money lenders Arizona, but there’s no reason why an average Joe Schmoe can’t consider this an option. Hopefully, in a couple months to a couple years, the real estate economy will recover completely and these flipped properties will be worth a ton to everyone.

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 real estate loan,commercial hard money lender,commercial hard money lenders

Labels: commercial hard money lender commercial real estate loan

Hard money isn’t like your guilt tripping wife – it’s truthful

Men, more than women, want to pretend like they’re steel clockwork machinery with no emotions. But everyone has feelings – it’s just a matter of letting them control us.

Indeed, those terrible feelings of guilt and obligation can be powerful motivators when it comes to buying a product. Since we’re consumers and that’s practically all we do, it’s important to overanalyze. Studies (mysterious, vague studies, that is) have shown that people naturally have a sense of reciprocity that leads them to believe that after something nice is done for them, they should do something nice for the benevolent party in return. You know this deep in your heart. Even monkeys feel this way.

To capitalize on this, dishonest sales reps will often create a "give and take" scenario where they make you feel that they've done you a favor. For instance, if you can't find a pair of aquatic gopher hunting spandex shorts in your size a sales representative will search through the back room for multiple alternatives that you might find appealing. Usually, he’s just texting on his cell phone. It's a simple gesture, but as a result, you'll feel more obligated to make a purchase from them.

Luckily, hard money lenders California are more benevolent and straight forward. Heck, most of them don’t even have a back stock room and since it’s not sales, they don’t want your stinking guilt. California hard money is like a farmer on vacation in Bermuda – he’s just there to be himself for a little bit.

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 real estate loan,commercial hard money lender,commercial hard money lenders

Labels: commercial hard money lender commercial real estate loan

Wednesday, August 3, 2016

Hard money lenders help you flip a property

The sole purpose as a lender is to provide customers the fastest and easiest access to private money and hard money lender California loan options secured by real estate. In fact, you can get funding in as little as five business days through one of many available loan programs. Most are an equity based lender who will give you a loan based on the merits of the property you want to buy instead of your own personal merits. What exactly does that mean to you? It means they will provide you California hard money regardless of your poor credit, spotty job history or low income, as long as they can see upon evaluation of the property that you will make a profit doing a fix and flip. Does your credit score matter? Yes, it can help you to get a better interest rate, but most don't use it to determine if you can qualify for a loan. Do you need 100% financing so you can get started with no money out of pocket? Most have developed a program that gives you access to additional financing options on top of hard money, that can make it possible for you to break into real estate investing with no money of your own. Most lenders have been fortunate enough to help their clients make well over $1,000,000 of pure profit and counting from investing in real estate through their specially designed hard money loans. You could easily be the next success story, and everyone hopes you are!

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
http://www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

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.

Beretta Only

Friday, August 5, 2016

In this economy, consider all your options financially

A quick and easy guide to finding the correct hard money loan

Fixer upper project for the whole family!

Despite popular belief, the real estate market isn’t dead

It’s still possible to make cash in the real estate market

A Few Pitfalls To Avoid With Hard Money Lending Institutions

Thursday, August 4, 2016

Easy money in the faltering real estate market.

Hard money isn’t like your guilt tripping wife – it’s truthful

Wednesday, August 3, 2016

Hard money lenders help you flip a property

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