Sure, you may have heard the term thrown around here and there, but do you really know what California Hard Money is? How do you know when it is time for you to consider an California Hard Money loan? There are several paths that could lead you to Hard Money, but smart investors and borrowers know how to make it work in their favor.
Perhaps you are a beginner in the investment world without the money or the means to make it work. Maybe you have an ideal home project or purchase in mind but poor credit and a shaky financial past is keeping your from qualifying for any type of home loan.
Because typical loans can take at least 30 days to process and qualifying for one can be quite a hassle, California Hard Money is a convenient alternative to traditional methods of borrowing money. Many lenders do not require a credit check or proof of income.
Creative ways to use California Hard Money
California Hard Money can also used as a creative way to finance your home or property. Consider this: Most people consider anything with the term “loan” in it as a way to find yourself even deeper in debt. But, believe it or not, both you and your Hard Money lender can actually profit from California Hard Money. Seems too good to be true, right? Think again.
If you are loaned enough money to buy a foreclosed home, you can actually show the lender your plan of action, fix the home up, and sell it at under-market value (but, of course, for an amount more than you paid for it.) Obviously it costs money to make money in this situation, but it is certainly an option for those who are ambitious and willing to go the extra mile to make a buck. When all is said and done, you have paid your lender back, equipped a new family with the home of their dreams, and you have money in your pocket.
Whether you found a great deal on a home and are anxious to buy, or you are looking for a way to finance your property creatively, the opportunities for California Hard Money are endless
.
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.
Technorati Tags: califronia hard money loans,california hard money
No comments:
Post a Comment