Learn To Be A Fix & Flip Investor

Wednesday, March 4, 2020

What are the Best Fix and Flip Loans?

If you’re new to fixer uppers, it’s enough to just be in-the-know through all the latest HGTV shows—an investment will be important for the property, but also your time, energy and resources. This includes your mortgage lender, loan process, and who to go to for successful fix and flip loan.

When it comes to fixer uppers, you have to have some extra cash. It’s not always difficult to find a property with potential on the market, but you also need to invest in possibly modernizing the home, fixing problem areas, and making it valuable to potential buyers.

If you don’t have extra money lying in the bank or a generous relative who can invest in you and your project, you are probably considering mortgage lenders to help fund your project. But what makes a successful mortgage lender who is worth your time and efforts?

What Is Hard Money—and Who Offers It?

Mortgage lenders can be public or private. When most people think of loans, they probably think of traditional money lenders, like banks and credit unions. These options are here for you, but with a catch. They have high expectations of their borrowers and the requirements for acquiring a loan can be strict. Simply, not everyone may qualify. Fortunately, there are other options if you don’t qualify with a traditional lender. Something else you may not know is that private, alternative loan lenders may be better for renovation projects anyways.

If you do not obtain a loan from a public loan lender, you may be interested in speaking with a private hard money lender. A private hard money lender is an untraditional loan option by private individuals or companies. Because private hard money lenders are not backed by large, public companies, they can work on an individualized basis. Just because you don’t qualify with a public lender, does not mean you will not qualify for fix and flip loans with a Private Money lender.

Private lenders and mortgage brokers offer something called hard money. Once approved, hard money can usually be obtained within the week so you are able to begin working on your renovation project, or bidding on the competitive housing market, right away. Because private hard money lenders are speedy and flexible, they come with higher interest rates. Borrowers may still choose to work with private hard money lenders for their fix and flip loans because of the time line.

Hard money is meant to be paid back fast—within the year—and a successful renovation project smooth updating and a quick sale makes repaying the loan in such a timeline possible. Borrowers may also be interested in speed because of the increased ability to obtain a house with potential. Being able to obtain it makes the project possible, and not all homes are great contenders as fixer uppers.

Hard money lenders in Arizona

If you are seeking a qualified mortgage broker in Arizona, look no further than the professionals at Level 4 Funding. We offer a free initial consultation with no upfront fees, so we can determine what the best fix and flip loans are for you. Give us a call today!

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.

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Monday, March 2, 2020

Can you Make Money with Fix and Flip Loans?

If you’ve been a part of the major viewing base of popular HGTV series like Property Brothers, Fixer Upper, and Flip or Flop, you may be interested in the potential profit that comes from home renovating and fixer uppers. But where do you get the best fix and flip loan?

Borrowers can turn to public money lenders or Private Money lenders for any of their loan needs. Public money lenders consist of banks and credit unions, while Private Money lenders are private companies and investors. The major difference between public and private lenders is that private lenders offer hard money.

Hard money is an alternative to traditional loans that have flexible requirements compared to the loans offered by traditional lenders. Even though hard money is a great primary option for borrowers struggling to meet major loan requirements, it is a great loan for those renovating homes. Interest rates and fees can be higher than other loans on the market, however, with the right plan, you can X.

Benefits of Hard Money

The real estate market is competitive. For borrowers who want to make a quick buck, obtaining the ideal property is a must. Not just any home is ideal for renovating, and first-time renovators will want to choose a property that is safe. On a market that moves quickly, having the money to make a bid is a must. Here’s where hard money comes in.

Hard money works fast. Independent lenders have the ability to get the loan process moving much faster than traditional lenders. The loan process can get moving in as fast as 48 hours! If not, at least within the week. This beats the process of traditional lenders who may need as much time as a month.

Additionally, hard money loans offer flexibility. When working with a private hard money lender, you are much more likely to be seen as an individual. You can work one on one with your lender who can help seek out the best option for you and your financial situation. That means your financial history is not as important. You will have to prove your ability as a borrower, but you won’t need to feel as stressed if your financial history is not perfect.

Of course, hard money is also ideal for fix and flip loans because of the speed within the loan repayment period. Renovating for a profit means you want the process to go as quickly as is safe for the project, but you also want a quick sale. Typically, hard money has a quick repayment period which naturally fits the time period of home renovating.

Hard money lenders in Arizona
If you are looking for fix and flip loans in Arizona, look no further than the hard money lenders at Level 4 Funding. Our qualified team of mortgage brokers can help find the best loan for you and your financial situation. With hard money lenders that work directly, the stress of renovating single and multifamily real estate. Give us a call today!

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Why You Should Work with Arizona Commercial Hard money lenders

If you’re new to the world of loan lending and money borrowing, you may not know the best type of money lender for you. Many people dive into the world of public money lenders, when Arizona Commercial Hard money lenders provide many lesser known benefits to various land investment projects.

When you think of loans, you may think of traditional, public money lenders like your local bank or credit union. However, they are not your only option. Oftentimes, borrowers seek out private hard money lenders because they don’t meet the strict requirements of banks and credit unions.

The first meeting you have with your possible loan lending may be extremely intimidating. It will be necessary for you to gather important paperwork including your income, job history, credit score, and finance history, including your debt to income ratio. Meeting with a bank can be intimidating and trigger your anxieties related to your investment.

Still, private hard money lender provide options for everyone, whether or not you are concerned about your credit score or not. Financial flexibility isn’t the only thing you’ll be thinking about as you move forward with your commercial investment project.

Benefits of Working with a Hard money lender

Hard money lenders offer a few things public lenders cannot:

Speed: Some loans can be approved in as fast as 24 hours, which can make or break some investments on a competitive market. Otherwise, the process can be expected to have begun within the week, which beats the month-long waiting period required of public lenders.
Flexibility: Hard money lenders work with you. They are flexible to your needs, financial history, and investment plans.
Individualized Approaches: Because hard money lender don’t stand behind major public companies, they look at you as an individual, and can often work around and with! your needs.

Arizona Commercial Hard money lenders do come with a cost. Because they provide you with a quick process and a process that adapts to your needs, they have higher interest rates than others on the market. While some borrowers can afford the cost, it is especially important to see how the higher interest rates impact your plans and ability to complete your investment. Additionally, you need to consider the short repayment period. Hard money lenders are known to be flexible and will likely work with you if you need an extension, though the typical loan repayment period for hard money loans is one year.

Why Level 4 Funding

Arizona Commercial Hard money lenders in Phoenix include those of us at Level 4 Funding! We consist of a team of qualified mortgage brokers who can help you with your commercial investment in Arizona or Nevada. There are no upfront fees and it costs nothing to call and ask about our hard money purchasing loans and other commercial loans. Give us a call today and see how we can help you!

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Sunday, March 1, 2020

Three Questions to Ask Yourself Before You Get an Arizona Construction Loan

Looking for an Arizona Construction Loan? Your options can be both confusing and overwhelming, so here are three questions to help you decide which loan works best for you.

With all the options out there to fund your next (or your first) construction project, it can be difficult to know what kind of loan is the best fit. Every project is different and so is every loan. Should you go with a structured bank loan for the low interest rates but inflexible terms and rigid qualification standards? Or, should you use an asset-based lender with a little more risk but good flexibility and fast approval process? Ask yourself these three questions:

1. Do you Need the Money Fast? If you have time to wait a month or two to get your project funded, the bank might be the best bet. If you need to access your money and get started within a week or two (because of a great opportunity), a hard money Arizona Construction Loan might be the better option.

2. What Do You Qualify For? If you've never filed for bankruptcy, had a short sale or a blemish on your credit score, you'll probably qualify for a fantastic rate at a bank. If you're income and credit score doesn't meet their sometimes-high standards, a private money loan may fit your needs more.

3. How Would You Like to Structure Your Loan? If you're okay with accepting a loan on the bank's terms (their rates, their schedule, and their fees), that might work perfectly well for your project. If you want to sit down with a lender and work out the details together, a hard money loan may work better.

How to Decide Which Loan is Ideal for You

Bank loans work for most people. But if you've been turned down because you don't meet their threshold or your project is too risky, you might consider the hard money route. Additionally, if you need to leap at a great deal and secure land, an asset-based lender may be able to help you more.

Arizona Hard Money Arizona Construction Loan

If you still have questions about choosing a loan for your project, we may be able to help. Here are Level 4 Funding, we offer a 90 LTV Arizona Construction Loan, interest-only payments, and terms up to 24 months. Give us a call or shoot us an email to see what we can do for you; all we'll need is a budget, permits and a plan.

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Saturday, February 29, 2020

Can you Make Money with Fix and Flip Loans?

Benefits of Hard Money

Hard money lenders in Arizona

If you are looking for fix and flip loans in Arizona, look no further than the hard money lenders at Level 4 Funding. Our qualified team of mortgage brokers can help find the best loan for you and your financial situation. With hard money lenders that work directly, the stress of renovating single and multifamily real estate. Give us a call today!

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Conventional Arizona Construction Loans Vs. Hard Money Arizona Construction Loans

Getting a traditional loan for a construction project has become increasingly difficult over the last decade so more and more contractors are turning to hard money Arizona Construction Loans. Read on to see a comparison of the two and decide if they're a good fit for your project.

First, let's look at conventional loans from banks and big financial institutions. There are a number of pros. Banks are established entities backed by the FDIC (the Federal Deposit Insurance Corp.), so they're typically reliable and uniform in their services. You could compare them to a nationwide chain restaurant — you know exactly what you're getting, and you'll see the same menu and level of service almost anywhere you go. Because of their size and standing, banks also typically offer relatively low interest rates.

However, while the sheer size of banks lets them offer some pros, it's also what leads to their cons. Banks aren't very flexible; if you or your project don't fit into their box, there's often little hope of getting approved or tweaking the terms. The same goes for a financial hiccup or a credit score that doesn't match their predetermined threshold. Even if you're approved, getting a bank loan can take at least a month because of all the complicated underwriting and federal regulations.

Comparing Hard Money Arizona Construction Loans

Conversely, hard money comes from private investors; they sometimes come with higher interest rates but they also offer a range of advantages:

● It's Quite a Bit Faster. Hard money Arizona Construction Loans can be approved in a day or two and funded within a week. Banks might take a month or more to get your money.

● It's Way More Flexible. Rather than fit into the bank's box, you and the lender can fit the loan to work for your unique situation.

● Qualification is Much Easier. Since these are asset-based loans, lenders don't need to know every detail of your financial history or dive into every aspect of your income. They may look at these things, but you, your project and your collateral are the biggest deciding factors.

Which Loan Fits Your Needs?

Not sure which of these Arizona Construction Loans is right for you? We can help because we've funded a wealth of different projects over the course of decades of experience. Come to us with your construction project and we can sit down, talk about your needs and help you decide how to get it funded.