Featured Post

The Big Show is Coming to Town.

Don’t do it…it’s a big mistake flipping homes can cost you a lot of money . Every week the house flipping circus comes to town and adve...

Wednesday, February 15, 2017

A Success Story For One Of The Hard Money Lenders in Dallas

4page_img7

It is easy to go into business as one of the many Hard Money Lenders in Dallas, but it is not easy to succeed as Longhorn Investments appear to be doing.

Hard Money Lenders Dallas—Going into business is a hard thing to do. It is even more difficult to succeed in your chosen field; especially if your area requires you to judge whether you think someone else can succeed in their chosen field with the help of your money. But that is exactly what the people that founded Longhorn Investments in Dallas, Texas, back in 2008 have done.

They are not just succeeding, though. They are thriving in an industry that involves giving people the bank did not trust giving money to a lot of money.

Growth Is Good

Hard money lenders in Dallas are like hard money lenders everywhere else. They don’t want to bite off more than the can chew, but they want to expand and grow like any other business. After all, when you go into business, you don’t want to just make money. You want to make a lot of money. At some point that is going to mean testing your limits and exploring additional revenue streams.

When Longhorn Investments got started, their intent was to focus on the single family residential investment market in Texas. Since then they have expanded operations into Missouri and North Carolina. They have also expanded the scope of what they will approve loans for to include multifamily and commercial investments properties as well.

“We started in this business with our own money and then went out to family and friends to grow the business. However, to do more loans we needed more capital and thus we started working with investors. Now we have over 100 investors who are making over double-digit returns from investing in our hard money lending program," said Michael Hoffman, Principal of Longhorn III Investments, LLC, and fund manager of Trident Realty Investments, in a press release.

After five years, they had already done more than 750 loans valued at over $60 million. Their success has continued over the years to the point where they have decided to focus on real-estate related businesses.

They are also affiliated with a title business in Houston and Dallas that helps them provide investors with a more complete service.

But How Far Can They Go?

Hard Money Lenders in Dallas and anywhere else will often find themselves limited in what they can get involved in by their cash flow. Do they have enough to take on certain investments that will allow them to grow? Should they turn some down in hopes that other—better—options become available? Or should they just do like Longhorn Investments and align with someone that has access to a lot of money?

Longhorn Investments has access to over $222 million through their sister private equity fund, Trident Realty Investments, LLC, proving once again—it’s not always what you know, but who you know.

Happy senior business man making his notes at workDennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC 
Private Hard Money Lender

Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

 You TubeFace Book Active Rain Linked In 

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.


 Free Report The 8 Things You Must Do To Be A Successful Home Flipper






          

No comments:

Post a Comment