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Saturday, July 23, 2016

What to know about getting your Hard Money Loan California approved.

Financial terms and processes can be complicated and it easy to become frustrating; however, after reading this short excerpt I hope you will be more confident with your vocabulary of Hard Money Loans. I know how exciting it is to look for a piece of property or a house to buy. First, you need the means to purchase that dream and you can do that through a Hard Money Loan. Hard Money Loan California is fair to all those who reside in California and presents opportunities to those who are in search of a Hard Money Loan.

The first task is to find a lender near you. It is imperative you get to know the terms and rates of the Hard Money Loan California lender you are looking at. Make sure you know what is available to you, how much you will need to put in the deal out of pocket, the maximum loan to values and the cost of the money.

Hard Money Loan California has a lot of potential. Just make sure you know the process.

Just as finding the right lender is important in order to obtain a good deal, you must also have a good knowledge of how to pick the piece of property you want to have. Most Hard Money Lenders are conservative in their values to ensure their money is safe. With that being said, you will want to find a good piece of property along with a good plan in order to get a good deal. All Lenders generally do their own property value method to determine the value of the property, so I would advise not to overstate its value when you negotiate with them.

Hard Money Lenders California are here for you and want to give you a good deal. One of the best ways to help yourselves get a good deal is to be prepared. Present them spreadsheets with information you have found about the market and property to show them that you are serious and interested. The more you can do this, the more likely they will help you. Also by doing this, the quicker you will receive the loan.

Level-4-Funding-Dennis-Dahlberg-Mort[1]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

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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

Labels: commercial hard money lender commercial real estate loan

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