Hard money lenders California are usually people who have access to a lot of money and are looking for a way to get a high percentage return on that money. That is why they will lend to you without much red-tape. Hard money lenders California are also known as private money lenders California, since they are individuals and not a bank or credit union where you would normally get a home loan. Most private money lenders California are going to lend to real estate investors who are looking to make a profit by flipping a home and then selling it fairly quickly.
The way that hard money lenders get a good return on their money is because they charge higher interest rates than a conventional loan would. They normally do not lend to someone who plans to live in the residence. Basically, they want to be able to take the home easily if the investor whom they leant money to defaults on the loan. That way, even if they don’t receive the return on their investment in cash, these private money lenders California are still going to get their money back—probably even more than they would have—after they sell the property purchased using their hard money. It’s a win-win situation for them, as long as they have a good lawyer and set themselves up for success. Either they are going to receive back their money with a lot of interest, or in the case of default, the hard money lenders California receive a property that is worth enough for them to still make that money or more.
![Level-4-Funding-Dennis-Dahlberg-Mort[1]](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOiBZaQtK-pmPtKoP1fISZw_ac-oTgQkVgd9DlJSyaCkL5ce8zLwEFxBY1QNhkO6P3zEC0oOrz8v_XNTSjFxKuXgFLzxuNJSffn5jlBTvFUEo6vqqW_5BrS-KtFbzRL5yhpAaxXffoFlgf/rw/?imgmax=800 "Level-4-Funding-Dennis-Dahlberg-Mort[1]")
Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
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.
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Posted Yesterday by Dennis Dahlberg
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