Learn To Be A Fix & Flip Investor

Wednesday, December 18, 2019

How to Get the Loan You Want Using Arizona Private Money Lenders

Struggling to get a loan from a bank? Arizona Private Money Lenders can be much more flexible in their loan process, meaning less stress for you.

Private Arizona Hard Money Lenders can take away the hassle traditionally associated with loans. Banks can make you jump through hoops with their complicated application processes and have you prepare heaps of financial information, while private lenders make the process much simpler. With that being said, it’s still important to make some preparations before applying for a loan with a private lender.

Before you apply for your loan, you should identify the specific type of loan you want. Money lenders offer many different loan options like rental or investment property loans, Arizona Fix and Flip Loans, business loans, and construction loans, among others. Research different loan options and find out which one is appropriate for your situation. Approach your hard money lender with the type of loan you want in mind to make the process easier and smoother.

One of the most important elements to private lenders is collateral. Banks make decisions about loans based on financial history, while Arizona Private Money Lenders base their loans on collateral. In exchange for your loan, you offer collateral to your private money lender until your loan is paid off. This allows for a less complicated and restrictive loan process that you can’t get at a bank. For collateral, you could offer a property you already own or the property you want to purchase with your loan.

Once you’ve identified your collateral, you should think about the loan strategy you’d like to aim for. Unlike many banks, you can negotiate the terms of your loan with Arizona Private Money Lenders. Lenders are able to work with you to make the most appropriate plan for your personal situation and your specific loan, as opposed to banks who can treat each customer the same as the last. Strict corporate policies can leave bankers with their hands tied, even if they want to help you. Arizona Private Money Lenders can work with you to give you what you need, so it’s wise to come in with some goals for your loan strategy like desired length and payment plan.

Arizona Private Money Lenders Make Loans Easy

Loan applications with banks can give you headaches, but this is not the case with Arizona Private Money Lenders. Bank loans can take so long to get approved just because of all the information they must go through. On the other hand, Arizona Hard Money Lenders care more about your collateral than your finances. If you have good collateral, it is likely your loan will be approved. Even if your credit is poor, you will still have a chance of getting a loan, which can be unlikely with banks.

Choose Level 4 Funding for your Arizona hard money loan.

If you’ve decided you want to go through a private lender for your loan, consider choosing Level 4 Funding. This private hard money lender offers many types of loans and will be there for you when you need them most. Visit their website Level 4 Funding.com to see if their services are right for you.

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

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About: 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.
© 2019 Level 4 Funding LLC. All Rights Reserved.

6 Things You Can Buy with Loans from Residential Hard Money Lenders

Funding your next real estate investment can be tough to do out of pocket. Luckily, residential Arizona Hard Money Lenders can provide loans to help you finance your dream property.

Residential Arizona Hard Money Loans can be used for a variety of properties. Whether you’re looking for somewhere to call home or just a place to vacation, residential Arizona Hard Money Loans have you covered. Here are just some properties you could call your own by getting a residential loan:

A welcoming new home

Residential Arizona Hard Money Loans are perfect for purchasing a new home. That cute house for sale on the corner that you pass every day doesn’t have to be just a fantasy.

A rental property

Rentals are great investments because they can make you back the money you put into them and more. Airbnb’s, flippers, or long-term rentals can all be purchased with residential hard money loans. The advantage of these properties is that they can help you pay back your loan easily and quickly, plus give you some major spending money.

A relaxing beach house

Looking for more of a vacation home? Residential Arizona Hard Money Lenders could help you cover that, too. Picture waking up to an ocean sunrise and getting your toes in the sand while you drink your coffee.

A cabin in the woods

Are you the outdoorsy type? Get your very own solid-wood cabin surrounded by the lush, quiet wilderness. Every day could mean hiking, biking, and bonfires in this forest retreat.

A cozy condo

Downtown or in the suburbs, condos can be great spaces to call home for less money than a traditional single-family home. They can offer the feeling of a free-standing house with the amenities and community of an apartment.

A tropical getaway

Get the vacation home you’ve always wanted with residential hard money lenders. Imagine a sunny sky, a light breeze, and a drink in your hand as you watch the ocean on your new patio. Sounds pretty great, right?

Advantages of Residential Hard Money Loans

There are many advantages of taking out a residential hard money loan over a bank loan. Residential Arizona Hard Money Lenders have a fast and easy approval process that is much less complicated than that of banks. The process is able to be so simple because Arizona Hard Money Lenders focus on collateral rather than your financial history. Often, the collateral for residential Arizona Hard Money Loans is conveniently the property being purchased itself. Because of the hassle-free process, Arizona Hard Money Loans can be great for those who want to get loans quickly and easily without being scrutinized by banks.

Own the property you’ve only dreamt about

Taking out a residential hard money loan could be just what you’re looking for to fund your next home, oasis, or rental property. The ease of Arizona Hard Money Loans compared to banks can allow you to get your new home in no time flat. Stop dreaming and start living by taking out a residential hard money loan to fund your next property purchase.

Tuesday, December 17, 2019

How to Use Arizona Airbnb Loans to Create the Most Popular Rental in Your Area

Airbnb is growing in popularity among tourists, as it can be a great alternative to traditional overnight accommodations like hotels. If you’re looking to start a rental business with Airbnb, keep reading to learn how Arizona Airbnb Loans can help you hit the ground running.

Creating a rental business from scratch can be tough. It takes hard work, determination, and some starter money to set your enterprise up the way you want it. Before you open for business, there are a few steps you should take to get your short-term rental ready for guests.

First, you’ll need a space to rent, whether that be an extra room in your home, the beach house you inherited, or a condo you plan to purchase. Once you have your space, it needs to be made livable, so your guests will not only enjoy their stay, but leave you positive reviews. All that preparation for an upcoming Airbnb can be costly, especially when you think about paint, repairs, furnishings, décor, and appliances.

The key to running a successful Airbnb is to provide your guests with an experience they wouldn’t get at a hotel or another short-term rental. Hotels can have great interior design and even nice perks, but the experience is very similar at whichever hotel you choose. Airbnb’s can be the same way if not designed with a marketing standpoint. To place your rental space above the rest, you’ll want to create a space for your guests with unique amenities and benefits that show you care. Wine in the fridge, personalized notes, custom murals, and guides to nearby attractions add a touch of humanity that guests just won’t get in standard hotels. Even the small things can make your short-term rental worth choosing over both hotels and your competition because they show your guests that you care.

These tactics work wonders, but where do you start? The interior design you need to make your business flourish can cost thousands of dollars depending on the size and makeup of your rental space. Even higher in cost than the decorating is space itself if you’re going to buy one to rent out. That’s where Arizona Airbnb Loans come in.

Where should I go for my Airbnb loan?

Arizona Airbnb Loans from private Arizona Hard Money Lenders can be extremely helpful in starting your rental business. Banks can be hesitant about lending loans for rental properties, as putting them in the right loan category can be difficult. Mortgages on rental properties can be risky for banks as well, making them even less likely to issue loans in some cases. Due to the complications associated with banks, it’s best to look to private Arizona Hard Money Lenders for Airbnb loans.

Before you decide on a loan provider that’s best for you, work out the financial details of your future Airbnb.

When applying for a loan, it’s important to know the costs of exactly what you’ll want to do. Are you going to buy the place you want to rent out, or do you already have it? What repairs need to be done to the space? What amenities will you have? How much furniture will you need? Think about your answers to these questions and talk to a hard money lender for more information about loans for your future rental space.

Monday, December 16, 2019

How to Make the Most of Your Arizona Fix and Flip Loans

If you have your loan and don’t know where to start, look no further. We’ve collected the best methods to transform your space using Arizona Fix and Flip Loans.

When flipping a property, there are several steps you must complete before it’s ready for the market. Thankfully, Arizona Fix and Flip Loans can help you finance your renovations, but it’s important to know how to best use them. For first-time flippers, this ordered list can help you prioritize your renovations to get the most out of your fix and flip loan.

Purchase your property. Before you can renovate a property, you must buy one. Your Arizona Fix and Flip Loans are there to help you purchase a great property without the need to have the money upfront.

Put safety first. When you start work on your property, it’s important to verify that the most important aspects of the house are intact, including plumbing, structure, and roofing. It’s also helpful to ensure that there are no infestations, or any damage caused by mold or mildew. Any complex issues like these are excellent ways to use your loan, as a luxurious kitchen won’t matter to a buyer if there is extreme internal home damage. You need a solid foundation before continuing with other renovations, literally and figuratively.

Create an open concept living space. Open-concept homes are very popular, and don’t seem to be going anywhere anytime soon. If you can eliminate any non-load bearing walls in the common areas of the house, it can be a huge selling point.

Deal with the kitchen and bathrooms first. These are typically the most expensive parts of the house when it comes to design, and they are often at the top of buyers’ lists. Choose décor wisely and make use of what you have. Are the cupboards in good shape? If so, save some cash and refresh them with a coat of paint and a new set of handles.

Revive your flooring. Flooring is a great way to update your property’s look, and it doesn’t have to cost an arm and a leg. The right choice in linoleum or laminate flooring can give rooms a new look without breaking the bank.

Add some fresh paint. With chips, scratches, and abrasion, walls get beat up, and these signs of damage can make a buyer think twice about your property. Giving your walls a fresh coat of paint removes these marks and can make a lived-in home look brand new without spending too much money.

Splurge on some new light fixtures. Adding new fixtures is an inexpensive way to modernize a space and they’re relatively simple to install. You’ll be amazed at how new light fixtures can transform a space.

Put in the time to complete quality renovations

Following these tips and tricks for reno can help you renew your space and make it ready to sell or rent. Skimping on important aspects of renovation like plumbing or new paint can be obvious to potential residents and could make your listing less appealing. Put effort into the most important renovation elements to help secure your future profits.

Your Arizona Fix and Flip Loans can go farther than you think.

Renovating wisely can help you maximize the use of your loan. Choosing the right designs and décor can make a huge impact on your budget and help you extend your loan to complete further renovations.

Sunday, December 15, 2019

Becoming a Successful Flipper with Loans to Flip Houses in Arizona

Want to flip homes but can’t find the money? Loans to Flip Houses in Arizona could be just what you need to finance your renovation dreams.

Flipping houses in Arizona can be a great source of extra income, but it can be an expensive ordeal. With the cost of the space you plan to flip and the renovations, you could be looking at a big budget. Loans to Flip Houses in Arizona can help you purchase and flip the homes you want, meaning less money coming out of your pocket to start off.

Because homes and the renovations that go with them are so pricy, it can be tough to save enough to pay for it all without assistance. First, you have the home itself. Then, your renovations can get to be thousands upon thousands of dollars if you have a lot of work to do on the home, and you should always save room in your renovation budget for unanticipated repairs.

Even if you’ve never done reno, you know that you always come across surprises in the reno process that lead to extra costs. Just watch an hour of HGTV and you’ll see that renovators always run into kinks and must ask the homeowners for a more money in their reno budget. Having that extra money in a loan can be essential in that way. When you’re faced with unexpected repairs and their costs, your loan will have your back.

What is covered by house-flipping loans?

Loans to Flip Houses in Arizona can cover everything from the cost of the living space to the renovations, leaving you with little to cover yourself at the get-go and allowing you to anticipate unforeseen costs. Keep in mind that renovations can mean new home appliances, flooring, paint, layout changes, and fixing damage, which can all rack up costs. The more work you need to get done, the more money you’ll need, and you can’t forget about the likelihood of unexpected repairs.

If you’re eager to flip but are hesitant to take out a loan, fear not. You can produce tens of thousands of dollars in profit from flipping depending on the size and property type of your listing, and there are many private Arizona Hard Money Lenders that can work with you to fit your individual loan needs. Plus, the large profit margin associated with home flipping will help you pay back your loan when it comes time to do so.

Consider choosing a hard money lender for your loan needs.

Arizona Hard Money Lenders can offer great rates on Loans to Flip Houses in Arizona and make it worthwhile for you to get one if you’re looking to flip. Depending on the lender you choose for your loan, you can get anywhere from a couple thousand dollars to millions for your flipping project loan. Look into getting your loan from a hard money lender, who offer equity-based loans at competitive rates.

Saturday, December 14, 2019

How to Get Approved for 100 LTV Commercial Real Estate Financing

100 LTV commercial real estate financing from banks is not easy to come by. Look to Arizona Hard Money Lenders to fund your commercial real estate needs.

Your office just isn’t working anymore. There’s always a line for the copy machine, everyone’s on top of each other while they’re working, and no one has any personal space. Face it. Your office isn’t big enough and it’s time for a change of scenery.

First, you’ll need to search for your company’s new building. Start by looking online for any possible leads on workspaces to find the best option for your employees and your business. The next step is paying for this new workspace, which can get complicated if you don’t know how to go about it.

For 100 LTV commercial real estate financing, you must go to a hard money lender. Banks can loan you money, but it is unlikely that they will give you full financing like Arizona Hard Money Lenders can. Arizona Hard Money Lenders are more focused on your collateral than your company’s financial history, and in this case, your collateral would likely be the building itself. Loan approval from Arizona Hard Money Lenders is mostly based on this collateral. If you have it, chances are, you will get your loan.

Banks use more complicated process based on finances, in which they must painstakingly comb through your information to see if you qualify for a loan, and after all that time, you might not even qualify. The quick approval process of Arizona Hard Money Lenders can be very useful in getting your loan quickly and easily, which is one reason to use them instead of banks.

Flexibility is also a huge issue with banks, as their corporate policies can be strict and unchangeable. Loan approval or lack thereof, payment plans, and loan length can all be permanent when dealing with banks. Hard money lenders, however, have much more flexibility in their loan options. Lenders can work with your business to make a specialized plan for your loan that works for you. Being held back by policies, banks cannot offer this same service.

Choose a hard money lender for your commercial real estate loan

If you need 100 LTV commercial real estate financing, Arizona Hard Money Lenders are the way to go. These private lenders can offer you what banks can’t in LTV, flexibility, application process, and approval time. When it comes down to it, Arizona Hard Money Lenders make the loan process simple and can lend out more money than your bank.

Don’t waste your time with a bank loan if you might not get approved.

In general, it’s easier to get approval from Arizona Hard Money Lenders than from banks because of banks’ emphasis on good financial standing and lengthy application process. Moreover, banks are unlikely to give you 100 LTV commercial real estate financing like lenders can. You could spend hours and hours applying to a bank, preparing your information, and then awaiting their response, just to get less money than you’re looking for. Instead of going through a bank’s complicated loan process just to not get all the money you need, choose a hard money lender for your loan.