Learn To Be A Fix & Flip Investor

Sunday, November 25, 2018

Dreams Come True with Arizona Fix and Flip Loans

How to invest in real estate with Arizona Fix and Flip Loans
Before applying for an Arizona Fix and Flip Loan, you need set a plan in motion. First, locate a property and analyze the surrounding neighborhood comparing the retail values of homes that have recently sold in the area. Put a number on how much the properties are worth. Afterwards, get an idea for how much the renovation of the property will cost. Does it need a new kitchen, a new roof, or exterior paint? What are all of the perceived costs? Once you have found a property that is profitable on paper, you need to factor in the costs of financing and other unforeseeable expenditures.
After setting out the basic blueprint, acquire lending. From lender to lender, note that the structure of Arizona Fix and Flip Loans may vary. Generally, hard money Arizona Fix and Flip Loans have an average LTV ranging between 55% to 80%. If you possess property with phenomenal positive equity or have property that you own outright, you may be able to qualify for Arizona Hard Money Loans of 90% and even up to 100% depending on lender stipulations. However, on average, you will need anywhere from 20% to 45% cash down to get a hard money loan. This shows the lender that you are committed and that you have the equity to buffer a foreclosure.
After establishing LTV, the next item on the list is the interest rate. For Arizona Fix and Flip Loans, you can expect lower interest rates to start around 8%. The average interest rates range from 8% to 14%. While these rates tend to be higher than traditional lenders, banks or credit unions, they are more easily acquired with less federal regulations. Making them a popular choice among many real estate investors.
The Advantages of Arizona Fix and Flip Loans
One of the main advantages of hard money Arizona Fix and Flip Loans is that they allow individuals to receive a 40% to 50% return on investment with a minimum amount cash down or personal investment. On top of this, the return from flipping houses can be seen within a short amount of time, say 2 to 6 months, depending on the size and scale of the flip.
From entrepreneurs and hobbyists to celebrities, Arizona Fix and Flip Loans has helped many to profit from their investments.
From blue-collar workers to HGTV celebrities, flipping houses has become a lucrative business and hobby. For this reason, Arizona Fix and Flip Loans are able maintain a supplementary profit for the weekend warrior or bolster a business capable of flipping several houses a year. Contact your hard money broker to find out if Arizona Fix and Flip Loans are right for you.

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.

Can You Receive Loans to Flip Houses in Arizona?

Things to consider when acquiring Loans to Flip Houses in Arizona. The who, what, where, when, and why.
So, you have set your sights set upon the potential lucre of flipping houses. Maybe you’ve watched enumerable hours of HGTV. Maybe you’ve seen your friend low-ball a house at auction, install a granite countertop, and landscape a backyard. A month later, after marketing the property on Facebook, he or she sells the property earning a 45% return. You like money. You covet the profits others have made, but you don’t quite know where to get the money to start. So, first, you use public real estate software to compare the houses in your area. Eventually pinpointing a lucrative area, you find a house that is a little run down but nestled within a good neighborhood. Based upon the photos, the general appearance, and a guided tour of the house, you calculate the expenses for purchase and the needed renovation.
You feel comfortable about the numbers and the possibility to make money. However, you need to find a company that provides Loans to Flip Houses in Arizona. You do some research and find the main sources that fund house flipping:
Traditional banks or credit unions
Hard money
Friends or family
Out of pocket
A Helping Hand for Those in Need of Loans to Flip Houses in Arizona
Well, you are new to flipping, and have a limited credit history. That nixes traditional banking and its list of requirements. Your friends and family are living their own lives, and you do not dare pester them for money. Your personal savings are not as high as they once were, but high enough to establish a sturdy down payment. After a little more reading, you find that Arizona Hard Money Loans to Flip Houses in Arizona seem to be the best option regarding funding. All you need to do is locate a property that has good enough equity potential to secure a hard money loan.
Fulfilling dreams, Arizona Hard Money Loans to Flip Houses in Arizona have given new entrepreneurs the boost they need to enter into the real estate business and receive the profits they desire.
Upon researching local Arizona Hard Money Lenders and brokers in your area, you locate the funding help you need. As commonly offered to many people in the community, terms, LTV, cash down, interest, and stipulations are all conveniently arranged and explained by a local hard money agent. Boom. The power is yours. You now have the funding to start the business you’ve hoped for.

No Cash Down: Buy Property Using 100% LTV Arizona Hard Money Lenders

100% LTV Arizona Hard Money Lenders are here to help you get funded without putting any cash down!
“No money, no honey.” If you’ve dealt with financing in the past, you know the drill. Cash down is needed to settle the LTV and secure a loan. But what if there were an alternative to this plot? What if you could get approved with no cash down? Yes, that means securing a 100% LTV loan.
Well, you can. Right now, 100% LTV Arizona Hard Money Lenders are willing fund individuals who own property free and clear or have homes with positive equity worth much more than the amount still owed. For example, say you own a house that is worth $160,0000 free and clear, and you want to purchase a house that is worth $200,0000 dollars without putting cash down. 100% LTV Arizona Hard Money Lenders are able to lend you $200,000 to purchase the house and count the $160,000-dollar house as the collateral securing the loan amount. These types of loans are nice because they allow you to use the value of a property you have acquired in order to fund more property.
But what if you don’t own a property free and clear, what if in the past you bought property that was worth $100,000 dollars? Currently, you owe $50,000 on the original amount, and the property has doubled in value to an amount of $200,000. In this case of favorable, positive equity, 100% LTV Arizona Hard Money Lenders are able to use the current value of the property to calculate and disburse funding.
Benefits offered by 100% LTV Money Lenders in Arizona
Though many individuals lack the types of property that make 100% LTV loans possible, there are still benefits to those who qualify for these kinds of loans. Mainly, 100% LTV Arizona Hard Money Lenders allow you to maintain that sweet cash flow. Don’t tie up your personal or your company’s cash when you can already use the real estate you have acquired. If you feel like it is the right decision, use your property to invest in new property.
100% LTV Arizona Hard Money Lenders allow you to use your property to invest in new property.
Talk to your 100% LTV Hard Money Lender today to determine whether or not your property qualifies for the lending program. If it does, take into account the term of the loan, the interest rate, and the lenders stipulations, and make a decision that suits you.

How to Get Approved: Why Arizona Hard Money Loans Can Help You Get Funded

Arizona Hard Money Loans can build your credit score and get you back on your feet.
Welcome to—The Information Age—an era where the IRS, government, and banking system—even Facebook and Google—are keen at storing away personal data. Your credit score, social security number, and private information, as well as your most frequented websites and purchases, are all categorized within a vast array of databases.
Like it or not, due to this, you are being judged based upon your data, and when it comes to getting a loan, most likely, you are being judged upon your credit history: good, bad, or ugly. While credit history may not concern an individual with flawless credit, it tends to concern individuals currently building, rebuilding, or acquiring it.
Frequently, people in need of loans want to form or bolster their own security. Despite this, a low credit score or a troublesome credit history may create stress because credit directly influences a person’s ability to build security in the form of a home, business, education, or transportation. If currently you experience credit woes, you are not alone. This is a challenge that concerns many people. Though life is difficult, though you may consider yourself an upstanding person, perhaps like many, you’ve run into some unforeseeable pitfalls:
Missing a few payments during a financial drought
Going bankrupt
Being foreclosed upon
Facing unexpected medical misfortune and debt
Closing a business due to turbulent market difficulties
If you have been rejected by lenders for any of these reasons, considering Arizona Hard Money Loans may help you out of the rut by establishing the financial security and progress you need.
How Do Arizona Hard Money Loans Work?
Arizona Hard Money Loans are collateral-based loans that mitigate a lender’s risk. For this reason, they are beneficial for individuals unable to obtain conventional lending with credit history alone. Other benefits include: the ease of receiving a loan, the speed of getting funded, and the reduction of paperwork. Before funding a loan, Arizona Hard Money Lenders will appraise collateral to determine the loan-to-value LTV amount and interest rate as well as lending stipulations.
Arizona Hard Money Loans may help you establishing the financial security you need.
If this is the type of lending for you or if you would like additional details, Level 4 Funding is here to help you receive the funding you need. Get in touch today!

Why Arizona Hard Money Lenders Can Help You Obtain the Funding You Need

Who are Arizona Hard Money Lenders? What part do they play in the finance industry?
Arizona Hard Money Lenders are private or individual investors providing asset-based funding. When considering granting a loan, these lenders focus on collateral value and equity rather than creditworthiness. For the most part, Arizona Hard Money Lenders use real estate as collateral, which must be appraised for the lender to ascertain value.
Upon determining a property’s value, Arizona Hard Money Lenders evaluate and mitigate risk by establishing interest and loan-to-value LTV. As an example of LTV, consider that a property’s market value is $100,000, and that the lender is willing to loan money at 60% LTV. This means that the borrower must provide $40,000 to receive a loan of $60,000 at a given interest rate. By requiring a percentage of the property’s value, Arizona Hard Money Lenders are buffered should the debtor fail to make payments. In exchange for cash down, the debtor is granted an asset-based loan, opposed to a credit-based one.
So, who uses Arizona Hard Money Lenders? While traditional lenders such as banks and credit unions loan money based upon credit scores and voluminous stipulations, Arizona Hard Money Lenders fund individuals and businesses: unable to secure traditional funding, looking to acquire shorter terms, struggling to build credit, or needing to consolidate debt built up the form of multiple loans.
Who Benefits from Arizona Hard Money Lenders?
With less red tape, paperwork, and regulations, Arizona Hard Money Lenders offer pragmatic solutions to many clients. Some of these individuals may have had subpar credit, foreclosures, or bankruptcies. On the other hand, other individuals associated with renovating, renting, or selling real estate may frequently use Arizona Hard Money Lenders over conventional lenders to build profit. These include: contractors who buy land and build real estate; flippers who purchase, refurbish, and sell real estate; and leasers who purchase, renovate, and rent real estate. Additionally, other clients turn to Arizona Hard Money Lenders to expand commercial or industrial property to provide more building space for staff, machinery for production, and technology for upgrades. Consistently as well as continually, many of these types of businesses have relied on hard money to acquire more assets and secure more returns. Though businesses receive the initial benefit from the added capital from hard money lending, community also receive a boon as well.
Hard money lending builds local businesses and communities
Indirectly, growth in local business assets and returns benefits local cities, economies, and neighborhoods. As businesses grow, they tend to purchase more equipment, hire more employees, and consume more services in a community. If you are in need of a hard money loan, talk to a representative to day at Level 4 Funding.

Thursday, November 22, 2018

Loans for Flipping Houses: The Dangers of Hidden Costs

Hard money lenders are the go-to source of financing when it comes to flipping houses. These lenders overlook the distressed condition of a property while giving loans as a percentage of properties potential value. But it is essential to carefully consider the cost structure of any hard money deal.

Some hard money deals are structured in two parts. The first portion of the loan secures the purchase of distressed property and the second portion of the loan covers the cost of renovations. The rehab portion of the loan is often distributed bit by bit as work proceeds, and this has important implications when it comes to the cost of hard money financing. The following examples will show why it is crucial to analyze the terms of any hard money deal.

In the first is instance our prospective house flipper goes to a hard money provider and proposes a two-month rehab project. The cost of closing on the ramshackle home will be eighty thousand, and the cost of renovations will amount to 30,000. Our first borrower takes out a loan, for a total $110,000 with the rehab budget given out in two successive draws totaling $15,000 apiece. The lender offers a standard hard money interest rate of 14 percent. Work proceeds on the house things go smoothly, and our flipper resells their home earning a handsome profit of 55,320.

It seems like things worked out pretty well in this case, or did they?

You can save money by carefully considering the cost structure of hard money loans

Another flipper sees a similar property sale block away from our first. They must have been spying on the first borrower because their proposed project is the exactly the same. The purchase price of the house is 80,000, and the rehab budget is thirty thousand. But they approach a different hard money provider. They agree to a loan of 110,000 with a 30 thousand rehab budget distributed over two draws at a 14 percent interest rate.

Suspicions glances are exchanged between the two investors as they pass each on the way to their respective work sites. Let us assume they finish work at the same time, and they resell their properties at the same sales price.

But, for some reason, our second flipper earned a profit of 56,020 while the first earned 55,320. Why? Because the second flipper carefully considered the terms of their deal. What was the critical detail in the term sheet the first flipper missed?

The first lender charged full interest on the total loan amount up front through the whole two month period, the second lender only charged interest on the money as it was given out in draws. This tiny detail saved the second flipper 700 dollars.

Don’t make unnecessary interest payments on hard money loans

This hidden cost of hard money is something that is often overlooked, and it could cost you thousands in unnecessary interest payments. In the context of a house flip, 700 dollars might be a piddly amount of money. But let's change the situation, what if our first house flipper's project went on for 6 months and they had to pay that 14 percent interest rate on the full loan amount? They'd pay roughly five thousand additional dollars in unnecessary interest payments. In the context of a flip 5,000 dollars is a lot of money.

Don't make interest payments on money you don't have. Carefully analyze the cost structure of your hard money deal. If you don't receive the full loan amount up front ask your lender will they charge you interest on the entire loan amount or just on the funds you've received from them. Analyze the terms of your hard money deal, so you can avoid making unnecessary interest payments.

Learn To Be A Fix & Flip Investor

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Sunday, November 25, 2018

Dreams Come True with Arizona Fix and Flip Loans

How to invest in real estate with Arizona Fix and Flip Loans

The Advantages of Arizona Fix and Flip Loans

From entrepreneurs and hobbyists to celebrities, Arizona Fix and Flip Loans has helped many to profit from their investments.

Can You Receive Loans to Flip Houses in Arizona?

Things to consider when acquiring Loans to Flip Houses in Arizona. The who, what, where, when, and why.

A Helping Hand for Those in Need of Loans to Flip Houses in Arizona

Fulfilling dreams, Arizona Hard Money Loans to Flip Houses in Arizona have given new entrepreneurs the boost they need to enter into the real estate business and receive the profits they desire.

No Cash Down: Buy Property Using 100% LTV Arizona Hard Money Lenders

100% LTV Arizona Hard Money Lenders are here to help you get funded without putting any cash down!

Benefits offered by 100% LTV Money Lenders in Arizona

100% LTV Arizona Hard Money Lenders allow you to use your property to invest in new property.

How to Get Approved: Why Arizona Hard Money Loans Can Help You Get Funded

Arizona Hard Money Loans can build your credit score and get you back on your feet.

How Do Arizona Hard Money Loans Work?

Arizona Hard Money Loans may help you establishing the financial security you need.

Why Arizona Hard Money Lenders Can Help You Obtain the Funding You Need

Who are Arizona Hard Money Lenders? What part do they play in the finance industry?

Who Benefits from Arizona Hard Money Lenders?

Hard money lending builds local businesses and communities

Thursday, November 22, 2018

Loans for Flipping Houses: The Dangers of Hidden Costs

Hard money lenders are the go-to source of financing when it comes to flipping houses. These lenders overlook the distressed condition of a property while giving loans as a percentage of properties potential value. But it is essential to carefully consider the cost structure of any hard money deal.

You can save money by carefully considering the cost structure of hard money loans

Don’t make unnecessary interest payments on hard money loans

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