To find California hard money, you don’t have to look too far. There are many private lenders who want to help. In this economy, many people just don’t have the credit score in order to be able to qualify for a conventional loan with a bank. As long as you have enough equity in the home you are planning to buy, you will be able to find a hard money lender California to help. For the most part, California hard money is used by people who are investing in real estate. They find homes that need to be flipped, and after flipping it themselves, they make a great profit. The only problem is that most new real estate investors don’t have the initial investment money to purchase the home. That’s why need to find a hard money lender California.
It’s a great benefit for those who need investment money now and don’t qualify because of their credit scores. An California hard money lender probably won’t care about your credit score, though they may give you a lower interest rate should you have a higher score. There is also not as much red-tape to go through to get California hard money, so you are able to have the money in-hand very quickly. Banks can make you wait for 30 days—which may be too late for you. The down-side of going through a hard money lender California, is that you will have a higher interest rate than you would with a conventional bank loan. But if you are using it to invest, you just have to do the math and make sure you make a profit that is worth it to you. The nice thing is that you can probably buy and flip an investment property completely with California hard money, without any out-of-pocket expense. It’s a great way to start in real estate investing!
Dennis Dahlberg Broker/RI/CEO/MLO
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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