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Wednesday, December 26, 2018

Create a Successful Airbnb with These 4 Steps

Short-term rentals have quickly grown in popularity over the past few years and can make great investments. Learn how to perfect your future rental property and how you can finance your rental with an Arizona Airbnb Loan.

If you’re looking to enter the short-term rental business, you’re in luck. More and more travelers are opting for Airbnb’s over traditional hotels, and rental property owners are profiting. To create a successful Airbnb, it’s important that you offer what a hotel cannot. Here are five things you should consider when developing your Airbnb:

1. Thoughtful gestures People appreciate kindness. Taking a few minutes and giving them some welcoming touches will make them happy they picked your rental. Hotels can be generic and cold, treating each guest the same. As a rental property owner, you should go above and beyond to make your guests’ stay as great as it can be. Providing a guide to local hotspots, putting wine in the fridge, and leaving a welcome note are all little things that will add a personalized touch to your guests’ stay. Remember: online reviews go a long way. The happier your guests are and the better review they leave you, the more likely you’ll be to get more visitors in the future.

2. Cleanliness Treat your rental guests the same as you would treat your houseguests. Sweep the floor, fluff the pillows, and give them extra sheets. Really, you want to make them think they’re the first guests to stay there. Finding someone else’s toothbrush in the bathroom doesn’t really say “comfort.”

3. Number of guests The more guests you can have at once, the more money you’ll be able to bring in. If your rental maxes out at two people, you can’t charge as much as if you had seven people splitting the cost. Small rental? There are ways to extend your space to make it livable for more guests. Even if you have one bedroom, you can use pull out couches, air mattresses, or Murphy beds to accommodate more guests.

4. Marketing Marketing is something that can be easily overlooked but is one of the most important factors in getting people into your rental. Your rental could look great in person, but if the pictures don’t show that, renters could be few and far between. Hire a photographer to snap the best images of your space or research photography tips online and shoot them yourself. While you’re at it, make sure your profile picture is up-to-date and shows that you are a trustworthy landlord. Finally, ensure you have a quality description of your Airbnb that highlights the unique benefits of your rental.

Financing Your Airbnb

There are a lot of costs that go into preparing a short-term rental property, from purchasing to remodeling. Applying for an Arizona Airbnb Loan with a hard money lender is a fast and easy way to get the funds you need to start work on your rental property. Money lenders can provide Arizona Airbnb Loans much faster than banks and do not use your credit against you when you apply.

Look to Level 4 Funding for your Arizona Airbnb Loan.

Level 4 Funding is a hard money lender that offers Arizona Airbnb Loans at competitive rates. If you’re planning to start an Airbnb, ask Level 4 Funding about how they can help you finance your dream property.

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.

Top 3 Benefits of Home-Flipping

Flipping homes can be a great side-hustle, and it comes with profits beyond just profit. With fix and flip loans in Arizona, funding your flipping is easier than you think.

With the rise of HGTV and the spread of interest in investing came modern home-flipping, in which investors purchase and flip houses for profit. It’s a great source of extra income and is a reasonable feat for anyone, especially with the help of fix and flip loans in Arizona. The benefits of flipping homes are tenfold, ranging from your income to your personal skills. On the fence about becoming a flipper? Here are the three main reasons why you should:

1. Profit Profit is likely the most appealing benefit for many investors. Buying a house for less than it’s worth and then increasing its value allows you to make back more money than you put in when you sell. Depending on the neighborhood, the house, and the renovations, you could make a pretty penny flipping homes. The average profit from a single flip in the United States is almost $30,000, but some state averages are far higher. California’s average gross profit for a flip is $99,000. Flipping one or two homes a year could add a lot to your salary if you’re flipping in the right states.

2. Knowledge If you’re new to the real estate game, flipping a home can give you a wealth of knowledge about the industry, which can be helpful if you decide to continue flipping in the future. You’ll be enlightened about the real estate market, including the processes of buying and selling. Plus, you’ll get to see what contemporary buyers are searching for, allowing you to be better prepared for your next flip.

3. Skills There’s a lot that goes into flipping a home, and you’ll learn all about it if you dive into a flipping project. Design and construction come together in homes and you’ll be there to see it all. Even if you’re not doing the work yourself, you’ll be part of the process and be able to see how a home can transform from bland to beautiful.

Financing Your Flips

Despite the benefits of house-flipping, there comes one major con: the cost. It can be expensive to not only purchase a property but rehab it to match contemporary design standards. If you’re looking for funds to get your flipping business started, there are loans just for flipping that are available to help.

Fix and flip loans in Arizona can help you get started on your first flip.

Arizona Hard Money Lenders like Level 4 Funding can give you the fix and flip loans in Arizona you’re looking for. Level 4 Funding has reasonable loan rates and a fast approval process which can get your loan faster than banks. Start flipping sooner by choosing a hard money lender for your fix and flip loans in Arizona.

Sunday, December 23, 2018

How to Pick Your First Home to Flip

Home flipping is an excellent source of income, whether it be full-time or just supplementary. Before you get started, it’s good to know what to look for when shopping for a home to flip and Loans to Flip Houses in Arizona

Every house is different. Each comes with advantages and disadvantages, strengths and weaknesses. Experienced home flippers know the ins and outs of homes and can spot a good deal from a mile away. As you’re looking for a house to flip, there are important elements to keep in mind to find a property that can be flipped as painlessly as possible.

Prime location

You can flip the house, but you can’t move it. Investing in real estate in a great location can be very profitable for you. Experienced property owners advise to look for the house in a great neighborhood, as it may be sold below its true value. As for cities, in 2018 the top three U.S. cities to own rental properties were Orlando, St. Petersburg, and Tampa. Another location tip is to invest in homes near colleges in preparation for students on the search for nearby off-campus housing.

Good foundation

Colors, tiles, walls, and rugs you can change for a low price. On the other hand, the building blocks of a house are harder and more expensive to alter. Look for homes that have structurally-sound foundations and minimal internal mechanism repairs. Working plumbing and electric will mean fewer expenses for you when you start flipping.

Fair price

Look for homes with solid building blocks that you can buy for less than their market value. After you’ve done your repairs, you want to be able to sell it for as much as you can to get the best possible return. If you buy the home for market value or above, flipping it might not be worth your time for the money you’ll get.

How to Finance Investment Homes

Properties are expensive, even the ones that need flipping, and it can be hard to save enough money. With more people flipping properties came the existence of the fix and flip loan. You can now get Loans to Flip Houses in Arizona from Arizona Hard Money Lenders near you. These loans can give you exactly what you need to not only purchase the house, but renovate it, as well. This can be extremely helpful if you have a good investment plan but need the funds.

Arizona Hard Money Loans like Loans to Flip Houses in Arizona are excellent options for financing. They can come at good rates and one of their main advantages over banks is their speed. Bank loans application and approval processes can take a long time, but Arizona Hard Money Lenders can have you approved in no time.

Consider Level 4 Funding for Loans to Flip Houses in Arizona.

Level 4 Funding is an excellent hard money lender that has already funded over $40,000,000. Could you be next? Visit their website or give them a call to learn about their options for Loans to Flip Houses in Arizona.

How to Get Funding from 100 LTV Arizona Hard Money Lenders

Financing from 100 LTV Arizona Hard Money Lenders is not out of reach. Use these tactics to help increase your loan’s LTV percentage.

Many Arizona Hard Money Lenders offer great LTV ratios, even up to 90%. But, what if you’re looking for even more?

If you’re in the market for a loan, the ideal one would be 100 LTV, right? 100 LTV Arizona Hard Money Lenders would mean nothing out of your pocket initially for your project, which is great if you’re low on funds. You might think that 100 LTV is a stretch, but it is possible for many people. Here’s how.

Do deep research on Arizona Hard Money Lenders.

Not all Arizona Hard Money Lenders are 100 LTV Arizona Hard Money Lenders. If you absolutely need 100 LTV, make sure your hard money lender offers it before making a deal with them. Check their website, make a call, or go into their office to ask them about their 100 LTV options.

Provide a strong loan and credit history.

Arizona Hard Money Lenders are popular because they often don’t require extensive financial histories from their borrowers. However, providing an excellent credit history can really help your case with 100 LTV Arizona Hard Money Lenders. They’ll be more likely to give you 100 LTV if they have strong evidence that you will be able to pay that back. If you have that good credit and loan background, show them. It can only help.

Establish a positive relationship with your lender.

Trust is the foundation of any good relationship. Building a good relationship with your hard money lender can help you develop a mutual trust. The more your money lender trusts you to pay them back, the more likely they will be to lend to you and to give you a higher LTV ratio. Continue building on that relationship to work toward complete 100 LTV from Arizona Hard Money Lenders.

Finding a Hard Money Lender

Thank goodness for the internet. Finding a hard money lender that will work for you can be done with just a couple clicks of your mouse. You can search for Arizona Hard Money Lenders by area, percent LTV financing, loans offered, and more. Make sure to not only look at lenders’ websites, but company reviews. Reviews can give you more of an inside look at the company, as they’re coming from consumers’ perspective. With that in mind, remember that just because one person has a bad experience with a company doesn’t mean the company is bad, and vice versa for a good experience. If you want to base your hard money lender choice on their reviews, look for lenders that have a decent number of reviews. Just like survey results, more reviews tend to mean higher accuracy.

Consider Level 4 Funding for your next real estate endeavor.

Level 4 Funding has years of experience in hard money lending and is run by professionals that come from years in the real estate industry. Take a look around their website and you’re sure to find what you’re looking for.

Saturday, December 22, 2018

Which of These Arizona Hard Money Loans is Right for You?

Arizona Hard Money Lenders like Level 4 Funding offer a variety of loan types. See which of these Arizona Hard Money Loans fits your needs.

Eager to try out Arizona Hard Money Loans for yourself? Before you apply, determine which loan is right for you and find a hard money lender that offers it. The hard money lender Level 4 Funding provides a variety of loan types, including the following:

Commercial Real Estate Loans

Commercial real estate loans are meant for commercial properties as opposed to residential properties. Commercial properties could be stores or offices, while residential properties are properties that will be lived in. An advantage of choosing a hard money lender for your commercial property loan is that unlike banks, lenders are able to give you 100 LTV financing in some cases.

Residential Loans

These loans are meant to provide funding for residential property purchases, such as condos or homes. If you plan to live in the home you will purchase with the loan, residential loans could be for you.

Fix & Flip Loans

Planning to flip a house? A fix & flip loan can help you purchase the property as well as renovate it. Plus, paying back the loan will be easier with the profit you make from the flipped property.

Rental Property/Investment Loans

These loans will help you finance your purchase of a property meant for rental. Rental properties are also known as investment properties because they can provide great profits for you in the future.

Construction Loans

A construction loan will help fund the construction of a new home, which can be expensive. Rather than paying for the construction of your new home out of pocket, taking out a construction loan from a hand money lender can make the process much easier on your wallet.

Bridge loans

Another form of residential loans, Arizona Bridge Loans are taken out to help you buy a new home before you sell your current one. These Arizona Hard Money Loans can help you fund the down payment on your new home and are very useful for those that are in the process of moving.

How do I apply for a loan with a hard money lender?

Some Arizona Hard Money Lenders could ask you to apply in person, but the private lender Level 4 Funding has a convenient online application process that you can complete in the comfort of your own home. Arizona Hard Money Loans typically don’t require a great credit score or loan history. Think about the collateral you will have to secure the loan and reach out to a lender if you have any questions.

Speak with a money lender about which hard money loan is best for your needs.

One benefit of Arizona Hard Money Lenders is that they can work with you individually, personalizing the loan process to fit your life. If you want a loan but aren’t sure which one to choose, contact Level 4 Funding. Their associates are there to help you determine the loan that will work for you and guide you in your loan process.

Are Arizona Hard Money Lenders Trustworthy?

The short answer is yes. Arizona Hard Money Lenders offer great alternatives to bank loans and have many unique advantages.

If you’re thinking about applying for a hard money loan, it’s important to have a lot of information to make an informed decision. Researching money lenders is important to ensure you’ll get the loan you need at the rate you want with the benefits you deserve. Arizona Hard Money Lenders have several advantages over banks and are just as trustworthy.

Banks can be tied up in corporate policies regarding rates and payment plans, but Arizona Hard Money Lenders have much more freedom in their work. Large banks can even seem overwhelming and their borrowers have the chance of getting lost in the shuffle. Money lenders help their clients individually, building personal relationships with them and making the loan process easy. If a borrower needs a specific payment plan, his lender can work with him to develop a new plan that fits his needs. A positive relationship between a lender and a borrower is important in the loan process and can help you gain more trust in your hard money lender.

Although the loan process of hard money is different from that of traditional loans, it is just as reliable. Arizona Hard Money Lenders exchange money for your collateral. When you pay back your loan, you will get your collateral back. If a hard money lender grants you a loan, that’s them saying that they trust you to pay it back. Put the same trust in them that they have in you, and your loan process will be simple.

So, there are many trustworthy Arizona Hard Money Lenders out there. However, it is important to be cautious. Just as you research a product before buying it, do your research and make sure the money lender you choose is legitimate. When dealing with money, it goes without saying that carefulness is key.

Level 4 Funding: A Quality Arizona Hard Money Lender

Level 4 Funding is a trustworthy hard money lender based in the Western United States. Offering a wide range of loans from investment to bridge, Level 4 Funding is sure to have the options you’re looking for. They offer reasonable rates and payment plans and will work with you to give you the loan help you need. They can even give you as much as 100 LTV commercial real estate financing!

Apply for a hard money loan from Level 4 Funding from the comfort of your own home.

This lender’s application process is streamlined and modern. Level 4 Funding’s website allows you to apply for a loan online, meaning you don’t even have to leave your house to start your next financial journey. Reach out to this trustworthy lender today to learn more about their loans and rates.