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Thursday, January 17, 2019

Conventional Banking Woes? Get Approved with Arizona Owner Occupied Hard Money

After the Dodd-Frank, owner occupied hard money loans may be more difficult to acquire, but that does not mean that they are not out there. Talk to your hard money broker today to see the types of owner occupied hard money loans available to the public.

After the last recession, the Dodd-Frank Wall Street Reform and Consumer Protection Act emerged. It delineated the federal stipulations for subprime and residential lending among other things. Curiously enough, it even began to regulate hard money lending, an area of private investment which previously had less federal regulations.

After the Dodd-Frank, Arizona hard money lending for those seeking residential and owner-occupied loans became more difficult and less common of a service offered. Today, typically, most hard money lenders deal with commercial lending on properties that are to be sold within a short-term period. Paperwork declaring commercial intent is sometimes even signed in conformation of this. So, why all the fuss about owner occupied hard money lending? This is due to the various documentational, disclosure, and closing restrictions needed to complete such a loan. However, while many hard money lenders have shirked off the tediousness of this process with all of its federal loopholes, other hard money lenders have made it into a profitable niche.

Still, Arizona owner occupied hard money lending is a great option for those unable to acquire a conventional loan. Common scenarios of individuals petitioning owner occupied homes are: those in need of a home and also looking to sell their current home; those who have faced bankruptcy, foreclosure, or short sale; those looking to use a bridge loan in order to transition into a conventional loan later on; those dealing with a troublesome property; those buying a house for the first time; those looking to refinance; those looking to remodel a personal home; and those looking to consolidate debt.

Get Your Arizona Owner Occupied Hard Money Loan Today

There are a great many reasons why individuals may seek owner occupied had money. Whether to acquire a new home, fix an existing home, or manage debt, many have felt the comfort of being able to find a financing solution and enjoy the home that they deserve.

Talk to your hard money broker at Level 4 Funding and find the owner occupied hard money loan that is right for you.

For years, Level 4 Funding has brokered hard money lending solutions for those in need of owner occupied loans. Talk to your hard money advocate today, and find the terms, the rates, and the conditions that suit your real estate needs.

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.

Wednesday, January 16, 2019

Take Advantage of the Builder’s Market with Spec Home Financing in Arizona

The demand for homes is high, but supply is low. Due to this, spec home construction and spec home financing are a growing trend intent upon meeting market needs.

The housing market has been on the rise for the past year. Real estate has grown. Housing prices have risen amid the bustle of sales and demand for property. However, the growth has created a shortage of existing properties available on the market, and with a shortage of available homes has arisen a demand for more homes to be constructed.

Real estate investors dealing with the construction of residential homes have recently found spec homes to be a profitable niche, some may even argue more profitable than flipping or renovating. The latter two dealing with primarily acquiring distressed properties in order to either sell or lease. While these types of investments are not without their perks, they can become difficult at times when distressed real estate is scare. Such is the state of the current market, where fewer homes, even distressed ones, are available and demand continues to rise. Where flippers and renovators need to scrounge for available properties in lessened conditions, builders of spec homes may purchase a lot and build thus circumventing the dilemma of a property shortage.

The beauty of spec homes, and one of the plausible reasons for the increased demand for them, is that they are meant to fit the needs of various, possible clients. Where some builders may build a home for an individual client, furnish the home with specific aesthetics, and cater to an individual client’s needs, spec home builders are concerned with creating attractive, up-to-date, and cost-effective homes attract a larger audience.

Spec Home Financing Sets Construction in Motion

Spec home builders generally need to acquire financing to further their projects. To start, a plot of land is needed to build upon. One problem with acquiring financing is that Conventional lenders such as banks typically frown upon lending solely on lots devoid of housing. Rarely are these loans acquired by builders. On the other hand, hard money lenders serve as one of the principle sources for spec home financing due to the fact that they are concerned with the value of the land in the current market and the amount of collateral given to secure a loan on a given property.

Spec home financing with hard money is quick and efficient.

Home Financing in Arizona with hard money is quick. When the right property for building upon is available, spec home investors can pull the trigger on its purchase and rely on quick funds to secure its acquisition. Though hard money loans for spec home financing may have a higher initial rate than their conventional counterparts, it can be bridged out of once property is built. Finally, hard money lending is person to person basis, even project to project basis, lenders are there to help borrowers every step the way. For more information on spec home financing in Arizona, talk to your hard money broker at Level 4 Funding.

How You Can Earn More Money with an Arizona Fix and Flip Loans

With a decrease in homes acquired from distressed sales, in gross profits on flip homes, and in housing prices, fix and flip loans help investors stay in the game and generate more income by flipping more homes per year.

According ATTOM Data Soulitions’ home flipping report for 2018, the average home flipped home sold for $65,520 over the original purchased value. This is nearly $5,000 less than the average a year ago. Experts consider that the decrease in this amount is due to the reoccurring difficulties of finding distressed property. Distressed property traditionally has been a niche for flippers wishing to purchase property well under market value. The incentive for purchasing this property type is that it can be renovated and sold for a better profit than renovating a non-distressed home: in the most recent quarter, an average of $65,000.

With less distressed homes on the decline and a shortage of available homes, flippers are having to turn to other means to acquire property. The low-hanging fruit seems to have been taken. It is time to climb higher. Perhaps a home is available and a decent buy at a distressed stressed sale. But other methods may be necessary, such as advertising the purchase of homes for cash, sending out email campaigns, beating around the bushes of local neighborhoods and acquaintances to find extra business, or developing relationships with local wholesalers. Building a pool of resources outside of the conventional distressed sale to find property worth flipping has become a growing necessity.

Though the decline in returns for flip homes and the availability of distressed property is currently a market trend, there is still money to be made, and the right homes are out there to buy. With an average net of $30,000 per flip, flipping two or more houses per year can easily provide a supplementary or primary income after establishing a pool for finding new flip homes.

Fix and Flip Loans Can Increase Total Annual Returns

There are other ways of further monetizing by using fix and flip loans in Arizona to acquire more real estate rather than acquiring with personal cash. Where alone an individual investor can may be able to purchase a property to flip one or a number of houses, a private or hard money lender is able to greatly increase this amount. While the cost of financing using hard money is high, fix and flip loans allow flippers to flip more houses per year thus increasing the total potential earning than flipping, without the limits of personal cash flow.

Contact your hard money broker at Level 4 Funding to find fix and flip loans right for you.

Building a pool of potential properties using means other than distressed sales, finding properties off the beating path, and using financing to purchase more flip houses per year are becoming the growing trends in the market. If the latter is of interest to you, contact your hard money broker at Level 4 Funding to find fix and flip loans in Arizona that are right for your flipping business.

The Dangers of Flipping: Loans to Flip Houses Help Alleviate Risk and Secure Returns

Though the flipping market is not as easy as it once was, it is still possible to eke out a living one renovation at a time, especially with loans to flip houses.

After the Great Recession, after a great deal of people lost residential properties, it was easy for real estate investors to run into short sold, foreclosed, or wholesale units. Many people were getting out of homes fast, and wholesale acquisition prices were low and enticing, if an individual could find the money to invest in them. At this time, flipping became a favorable means to an end for real estate investors since they could buy relatively cheap property from banks and furnish relatively inexpensive renovations generating a product to be sold at top retail value. The recipe: buy a house from the bank, renovate it, put in granite counter tops, and paint the exterior. Boom. A favorable retail price was within reach.

Fast forward to 2018. Flipping has become increasingly popular. Television shows on HGTV and other networks have glamorized the notion of “easy money” that can be acquired through flipping homes. Add to this the self-proclaimed gods of real estate advocating that by heading their tutelage individuals can have overnight success in flipping and make an innumerable fortune. Listen to the radio or the television, the ads are there. The publicity has driven many to try their hand in the business.

Understanding These Risks, Flipping Is Still Profitable

On top of a growing trend for individuals to enter into the flipping market, the housing market experienced a recent uptick. Houses recently rose in demand, a lot. Real estate agents are scrounging for homes that can be sold. Prices are high and homes, even distressed ones, are fewer and fewer to come by. To recap, that means a lot of people looking for flip homes with few units to be found on the market. Competition.

That being said, flipping houses is still a means of investing and receiving returns. Flipping is still capable of being profitable, but the game has changed and become seemingly more difficult in regard to property acquisition. A solid game plan is needed since it now takes some beating around the bushes, email campaigns to find sellers, possibly a relationship with a successful wholesaler. Work, not “easy money” nor “low-hanging fruit.” Finding the right piece at the right value, estimating correctly the needed renovations, and managing the flip correctly are all factors directly affecting return. On top of that, there is financing. Loans to flip houses in Arizona are a huge factor in the flipping business.

Loans to flip houses can help you establish a foothold in real estate investment.

The recent market trends published by ATTOM Data Solutions, suggests a growing number of individuals are using hard money loans to flip houses in Arizona. Other professionals indicate that this is due to a raise in housing prices requiring more money to invest or that it is due to a desire to use financing to increase the total amount of flips per annum. Nonetheless, understanding how to receive loans to flip houses in Arizona is essential for many to receive the returns that they need without burning through savings and cash flow. If flipping is the way to go and you have assessed the risks of the trade, then start your path to generating the returns you need. Talk to your broker at Level 4 Funding to secure the lending source that is right for you.

Start Generating the Side Income that You Need with Arizona Hard Money Loans

The milk and honey of real estate investment is yours for the taking. Find an appropriate investment niche, draw out the plans, secure financing through hard money loans, and reap the benefits.

You have a good job. You grind out a living, pay the bills, keep your family going, and establish a trickle of savings flowing. Sure, for some time, things seem to have moved along quite well, and you may not have any complaints about the way things are going. Your savings account has been growing alright. It is looking pretty solid. However, you see others in the community, other friends, family, and neighbors, investing in side ventures and securing a decent return. Securing more money. More money sounds great to you, but where to start?

The more research you do, the more you see that real estate as a viable option for side income. Taking note of the prior, you make a list of possible real estate investments and the opportunities that each investment offers in the given market. First, you consider flipping a house, that is taking a distressed home and restoring it to proper condition and market value. Though the flipping market may be a bit down on returns from what it once was, and may have a bit of competition, it still offers up to a 40k average return on investment. Not bad, not to mention that flipping homes is a business that has been known to help starters with limited credentials, education, or formal training enter into real estate investing.

Next, after some more study, you find rental properties to be another favorable avenue to secure side money. Though you do not own a second property to lease, you come to understand that there are ways to acquire and rent property. You read on the various ways of acquiring property and find renovating and renting to be a favorable way to reduce startup costs. Renovating to rent, similar to flipping, would entail acquiring and repairing a distressed home at wholesale value: Find it, fix it, rent it. Lastly, you consider the idea of purchasing, building upon, and selling property. All three of these investment strategies, and whichever of these to be decided upon, will require financing to set into motion. Typically, in these instances of investment, particular types of loans are used, called Arizona hard money loans.

As a Helping Hand, Arizona Hard Money Loans Fulfill Real Estate Investment Needs

You come to understand that hard money loans allow individuals to secure funding when conventional lenders say “no,” and when it comes to real estate investments, you realize that there are many areas where conventional lenders are unwilling to provide funding.

Arizona Hard money loans are easy to apply for and quick to secure.

Finally, you see that Arizona hard money loans are easy to apply for, quick to secure, and power a tremendous portion of the real estate industry. You see this as a means of securing the return on investment that you need.

Tuesday, January 15, 2019

Danger the Fed’s Raising Interest Rates While Arizona Hard Money Lenders Stay Consistent

With the coming and going, the going and coming of interest—find stability. Find the loan and the rate you can trust. Find the personability conventional lending lacks by consulting Arizona hard money lenders.

The federal reserve intends to increase interest rates. There have been eight interest rate hikes since 2015 not to mention a quarterly raise in interest over the past two years. Furthermore, the aftermath of recent hikes has been suggested as the cause of the Dow Jones plummeting. These trends, including further projected increases for interest rates, have become a concern for many who use loans as a means of building a business, owning a home, or investing in a future.

Yes. Higher interest rates do offer pleasant outcomes for an obscure and federal entity looking for its cut of interest. However, descending from the pantheon of bureaucratic decision making, domain of “poets, priests, and politicians,” ground-level Americans are bearing the brunt of the fed’s blow. An increase in rates means a decrease in those willing to acquire a mortgage, a car, an investment capable of generating revenue. A decline in the previous areas, furthermore, culminates into a decrease in the total amount of goods purchased. A pox on business, a decrease in economic activity.

While conventional lending is subject to the federal lending policies, interest rates, and shifts in economic ideologies that may occur, hard money lenders are on the opposing end of the spectrum. The end of the spectrum that is independent, subject to minimal restriction, and consistent in its lending policies and rates, which are graciously offered to the public.

Arizona Hard Money Lenders Consistently Provide Rates that Clients Need.

Up. Down. Forward. Backward. China lends this or that rate to America. Such and such political advent dictates the numerical or statistical result of x, y, and z. China raises its lending rates again. Wow—Step back. Look at hard money. Look to the micro not the macrocosm, so convoluted in world events. Find the rate that you need with Arizona hard money lenders. Start your business one step at a time, with the individual attention that you need. Get the financial backing to build or buy.

Talk to your Arizona hard money broker to find hard money lenders that are right for you

Find the lending niche that is right for you. The lending source that is not tied up in the mandates of the Fed but rather is pooled by private investors or groups of investors for the purpose of financing promising ventures and real estate investments. For more information on Arizona hard money lenders, rates, and terms contact Level 4 Funding.