Beretta Only

Sunday, July 24, 2016

Getting your family business started with hard money lending

One of the main reasons folks had so many kids generations ago was so they could help on the plantations when they became old enough. Fun fact: this is also why summers were taken off from school, when farm work was at its most demanding. Today, folks still have many kids either because of religious backgrounds (i.e. they are from a Mormon or Catholic church) or because they don’t really understand birth control, as simple as that sounds to normal people.

But how do you keep your kids motivated in school and off drugs and away from skid row? Well, back before child labor laws were made up, you made them work. Nowadays, kids are such slackers, always watching internet videos, it’s no wonder they never move out or get decent jobs, even after attending a college for four or five years. One way to circumvent this is to put them to work on your house. In fact, why not make it your entire livelihood? 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, flipping projects like this aren’t usually approved by the banks – not because you’re involving your kids, but because only getting a loan for such a short period of time doesn’t really help the bank out at all. You might want to consider some kind of thing like a private money lenders California. These kinds of loans have a higher approval rate and get your foot in the door with little or no credit or background checks. You’re mostly just paying off the inflated interest. That’s why these things called California hard money are known to build character– a great thing to role model for your kids!

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Flipping hard money loans the right way

One of the largest challenges in the real estate “flipping” business (you know, when you buy properties only to fix ‘em up and resell ‘em for a nice profit) is getting approval for a loan. Most banks or mortgage companies will turn their nose up at you because this is all to familiar to them. They know this is a short term project and although probably a labor of love, not the kind of long term investment they desire. You’ll probably already consider finding a hard money lender Californiahard money lender California, but even that route has it’s bumps in the road. Even if you can get approval really quick, sometimes as little as 48 hours without much of a credit check or background check, you’ll want to do your homework.

Always, always 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 everything in between. Like a girl scout, be prepared.

Make sure you understand the history of the property. Whatever freak accident happened to it that got it into it’s decayed state and why. For example, if a Walgreen’s closed, it may be because property taxes were too damn high or the neighborhood was too dangerous or poor to afford visiting the place. You’ll want to be sure that the decay is more artificial than complete and utter destruction of the property.

Also, chat with contractors. Get a few estimates on what it will cost to paint, refinish, tile and otherwise repair the property. If you head into the private money lenders California office with information on restorations needed, a little history and an estimate of the costs involved, you’ll be that much more likely to get approved. Good luck!

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Hard money lending – the basics, revisited

So let’s talk about some of the many benefits to a hard money loan. But first, let’s go over the basics. You may recall that a hard money loan is a form of asset-based borrowing that deals with real estate financing. Some borrowers also pursue California hard money loans when their financing needs are more pressing and when more traditional and conventional financing sources cannot respond.

So, in many cases a hard money lender California will offer a smaller loan size based upon a lower Loan To Value Ratio. This only means they may opt to loan no more than 65% of the property value. Therefore it is more common for real estate investors to offer additional real estate as collateral in order to obtain a larger loan amount. This is known as cross-collateralization. Add that to your glossary.

Then, it’s simply a matter of contacting them with your idea or offer of investment. They’ll invite you into their office where they’ll give you free donuts and make you feel at home so when you discuss all the grimy details of this loan type, you don’t feel uncomfortable.

Don’t think too much when dealing with these types of loans. Remember, they are designed to be simple, even when they cost a little more than the average guy down the street. Furthermore, don’t let yourself be worked around by people who use a bunch of fancy words to confuse the snot out of you. You want your hard money lender to be someone you can trust just like your friends, because you’re dealing with some very risky number crunching.

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Saturday, July 23, 2016

Looking for that perfect piece of property to build you dream house on? Rely on Hard Money California to fulfill that dream.

Looking for a piece of property for the intent of building your own home is one of the most exciting moments for you and your family. Hard Money California is a way you can find the means of obtaining that dream. I just want to provide you a few pointers to help you along the way. There are a lot of Hard Money Lenders in California, and you need to find the one that is best for you. Get to know them the best you can so you can build an advantage over them.

If you have already found a piece of property you would like to build your dream on, then remember that each Hard Money lender will have one of their specialists evaluate that property space with their own methods to determine the value. However, make sure to do your homework and you come prepared with a proof of funds list (if you have one), financial documents, and spreadsheets which provide details on the property. The more you have, the more likely you will receive the money you need. Hard Money California Lenders are professionals who know the real estate business really well.

Figure out what the loan will cost you with a lender for Hard Money California.

As I had mentioned before, doing your homework is very important. Hard Money California presents enough challenges of its own, but if you know what you are doing you will find yourself on top. Do all that you can to figure out what the loan will cost you and what profit you will make. In your spreadsheet, keep in mind to include all of the following costs: Purchase price, Rehab costs, monthly debt payments, points, title fees, realtor fees, attorney fees, recording fees, property taxes, and insurance fees. These should be all costs that relate with your deal.

Hard Money California has its advantages. As long as you are smart with your choices and decisions, you will be happy with the end result.

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Friday, July 22, 2016

What to know about getting your Hard Money Loan California approved.

Financial terms and processes can be complicated and it easy to become frustrating; however, after reading this short excerpt I hope you will be more confident with your vocabulary of Hard Money Loans. I know how exciting it is to look for a piece of property or a house to buy. First, you need the means to purchase that dream and you can do that through a Hard Money Loan. Hard Money Loan California is fair to all those who reside in California and presents opportunities to those who are in search of a Hard Money Loan.

The first task is to find a lender near you. It is imperative you get to know the terms and rates of the Hard Money Loan California lender you are looking at. Make sure you know what is available to you, how much you will need to put in the deal out of pocket, the maximum loan to values and the cost of the money.

Hard Money Loan California has a lot of potential. Just make sure you know the process.

Just as finding the right lender is important in order to obtain a good deal, you must also have a good knowledge of how to pick the piece of property you want to have. Most Hard Money Lenders are conservative in their values to ensure their money is safe. With that being said, you will want to find a good piece of property along with a good plan in order to get a good deal. All Lenders generally do their own property value method to determine the value of the property, so I would advise not to overstate its value when you negotiate with them.

Hard Money Lenders California are here for you and want to give you a good deal. One of the best ways to help yourselves get a good deal is to be prepared. Present them spreadsheets with information you have found about the market and property to show them that you are serious and interested. The more you can do this, the more likely they will help you. Also by doing this, the quicker you will receive the loan.

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Thursday, July 21, 2016

Seek Hard Money Lenders in California for quick, reliable relief.

Hard Money Lenders in California is a simple and quick way of receiving a loan. One of the benefits about a Hard Money Loan is that the lender does not call for you to have a good credit rating; however, the loan is merely based on the condition and potential of the house or property. If you have ever been turned down for a loan from a traditional bank, then you may want to consider talking to Hard Money lender. Look, there are many Hard Money Lenders in California that would like to be able to give you fast, quick money.

Don’t lose hope, there are always solutions to your problems. One of the joys about Hard Money is that they can be released to you fairly quickly with less paperwork to fill out than from traditional loans.

Get a loan up to 70%! How? Hard Money Loans in California.

Hard Money Lenders generally lend out loans to those who desire to build a new home/business office both for residential and commercial property. Listen closely, what makes Hard Money Lenders unique and rather special from traditional banks is that they are usually individuals with a lot of hands on cash and they base the justification of lending you a loan by your equity instead of your credit rating/history. There are several factors that come into play when they base your loan. Hard Money Loans in California is an easy way to attain money fast and quick. You may get up to 70% of the loan value.

So the loan is primarily based on the home/property that the project is to take place. The condition of the property, location of the property, the borrower’s ability to complete the project, and amount of work to fix the property (if applies) are all determinants to how much money you will receive for the loan. The length of the loan is generally around 6 months.

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Hard Money Lenders in California are ready and willing. Here are a few tips to receive a loan.

For those who are unfamiliar with what Hard Money is, a basic definition is this: Loan approval is weighted mostly on the value and borrowers "equity" of the "hard asset" used as collateral with a lesser concern given to the borrower's credit rating. I hope that this gives you a good sense of what a Hard Money Loan consists of. California Hard Money Lenders in California can provide you the loan you need for your business or personal use. To get you ready, here are some tips to focus on when decide to take out a loan. Upon receiving your application, they consider the following:

· Condition of the property

· Length of the loan

· Location of the property

· Ability of the borrower to complete the project

· Amount of work to fix the property

· Amount of assets the borrower has to finish the project

· Current and projected value when finished

· Borrower’s information.

As long as you feel comfortable with where you stand with the above advice, then you will stand a good chance of receiving a Hard Money Loan.

More information about Hard Money Lenders in California.

Remember, Hard Money Lenders in California do not go by your credit rating in order to qualify you for a loan, but rather it is equity-based. Thank goodness! Right? Many people today have bad credit scores and still deserve a loan for their dreams to come true.? Another term this concept is referred to is “Private Money” or “Equity Loans.” These type of loans are unlike your typical loan from the more traditional route of a bank, but they are from methods such as private sources such as investor's personal funds, pension plans and other non-traditional sources. California Hard Money Lenders in California are spread all over California and other places around the United States to help you qualify for a loan.

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

Posted Yesterday by Dennis Dahlberg

Labels: commercial hard money lender commercial real estate loan

Beretta Only

Sunday, July 24, 2016

Getting your family business started with hard money lending

Flipping hard money loans the right way

Hard money lending – the basics, revisited

Saturday, July 23, 2016

Looking for that perfect piece of property to build you dream house on? Rely on Hard Money California to fulfill that dream.

Figure out what the loan will cost you with a lender for Hard Money California.

Friday, July 22, 2016

What to know about getting your Hard Money Loan California approved.

Hard Money Loan California has a lot of potential. Just make sure you know the process.

Thursday, July 21, 2016

Seek Hard Money Lenders in California for quick, reliable relief.

Get a loan up to 70%! How? Hard Money Loans in California.

Hard Money Lenders in California are ready and willing. Here are a few tips to receive a loan.

More information about Hard Money Lenders in California.

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