Learn To Be A Fix & Flip Investor: February 2019

Thursday, February 28, 2019

Triple Your Income Using Hard Money Loans

Supplement your income with real estate investments using Arizona hard money loans. Hard money lenders can help you get on the path to real estate success by lending you money at competitive rates.

No matter how many figures you make, having multiple business ventures is always a good idea. If one of them fails, you always have another. Not sure where to start? Real estate can be an excellent way to add to your income, especially because the industry offers so many profitable options.

One-time Real Estate Profit Ventures

Building a spec home from scratch allows you to choose strategic design that will ensure a quick sale. Designing a home on the cheap and selling it for more? Great option for some extra money.

Flipped homes are similar, but you can’t really design them from the ground up. You can still choose many aspects of the design in order to make it sell, and once it does, you can make a pretty penny.

Spec homes and flipped homes can be great for earning some cash on a one-time basis. The average profit for a flip is about $30,000. If you’re flipping more than one home a year, you can rack up a lot of money.

To start off, you may want to think about Arizona hard money loans. Fix and flip loans and spec home investment loans are meant to help you start making money from real estate, and they are both offered at the hard money lender Level 4 Funding.

Consistent Income from Real Estate

If you’re looking for a more consistent form of income, rental properties are your best bet. Arizona hard money loans like fix and flip and commercial real estate loans can help you get to the constant stream of income you’re looking for.

Flipped properties don’t have to be sold immediately. Many landlords flip homes and rent them as opposed to selling them outright, giving them consistent income rather than a one-time deal. Monthly rent and utilities can come in handy for payments on your flipped home and give you some pocket money.

Commercial real estate is considered any property that will be used to make a profit, including apartment and condo complexes. Complexes or buildings will be larger investments than flipped homes but rent from several groups of tenants at once can help you pay back any initial investment loans.

Hard Money Lenders and You

Hard money lenders try to work with their borrowers to make the loan process easy. Unlike banks, hard money lenders are all about their clients, featuring streamlined approval processes and even custom payment plans. Research hard money lenders near you to learn more about what they do and how their loans can help you increase your income threefold.

Level 4 Funding is an accountable hard money lender that will help you achieve your real estate dreams.

Based in the American Southwest, Level 4 Funding is a trustworthy money lender that has already lent out $40,000,000 to people just like you. Their loans come at competitive rates and their agents are there to help you with the entire loan process. Start your journey toward real estate success today with Level 4 Funding’s Arizona hard money loans.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC 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

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 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Wednesday, February 27, 2019

What Arizona Commercial Hard Money Lenders Can Do for You

Arizona commercial hard money lenders can help you invest or even start a business. See what you can buy with their loans and why you should choose them to finance your next property purchase.

There’s a lot of money in real estate, and it can be wise to make some investments. Arizona commercial hard money lenders can help you purchase property up front to start your investment journey. This can be very helpful if you don’t have the money you need to buy a property at a given time, but you know you’ll be able to pay it back later.

Arizona commercial hard money lenders essentially fund the purchase of properties that will be used to make money, and a lot of things fall under that umbrella. Real estate investment properties as well as business office space can be purchased with commercial loans.

Here are just some of the specific property types that you can buy with commercial hard money loans:

Restaurants

If you’re a foodie, starting a restaurant could be a great idea. As businesses, restaurants are meant to make money, making them commercial properties. You can start the next best steakhouse, grill, dive bar, or luxury fine dining establishment in your town by partnering with a commercial hard money lender.

Retail space

Grocery stores, boutiques, and department stores are all considered commercial real estate because they are retail spaces. These spaces have the potential for profit through sales and can therefore be covered by commercial real estate loans.

Apartment/condo complexes

If you’re the owner of an apartment or condo complex, you own a commercial property. These complexes are considered commercial real estate because they are meant to help owners profit through rent.

Office space

Office space is another form of commercial real estate because the company will profit from the work being done inside them. Office buildings or small suites are both considered commercial real estate.

How to Apply for a Commercial Real Estate Loan

Arizona commercial hard money lenders have much faster application and approval processes than banks, which is helpful if you need your money fast. Some lenders like Level 4 Funding even have online applications that you can complete with the click of your mouse.

To apply for a loan with Level 4 Funding, simply visit their website. Their application can be found on the company’s homepage and will only take you a few minutes. Make sure you know the details of the property you’re interested in purchasing, then head to the application.

Level 4 Funding doesn’t ask you for confidential financial information. Instead, they simply ask for your name, contact information, and a description of the property you’re interested in purchasing. They care about their clients and wanted to make their application fast and easy to complete.

Level 4 Funding will give you your results in no time.

Banks may take weeks to get back to you on a loan, but hard money lenders have much less wait time. Be patient and an agent will get back to you quickly with your loan results.

How Do Arizona Cannabis Business Loans Work?

Looking to get into the cannabis industry? Applying for Arizona cannabis business loans can help you get started.

The cannabis industry is growing and growing with no end in sight. After its recreational and/or medical legalization in many states, more and more people want to get a piece of the cannabis pie. The industry is already worth $31.4 billion worldwide and its future looks bright.

You, too, can be a part of this exciting industry with Arizona cannabis business loans. If you want to get into the market for cannabis but aren’t sure where to start, taking out a hard money loan can be a great first step. This will help you get your business going without you having to pay thousands of dollars right off the bat.

So, how do these loans work?

Like other hard money loans, Arizona cannabis business loans can be borrowed from hard money lenders. You can apply for these loans with hard money lenders online.

Before you apply, though, you should have an idea of what you’d like to spend the money on. For example, would you like to start a brand of cannabis products, like CBD oil? Would you rather start your own dispensary? Decide what will work best for your lifestyle and financial situation and make a mental note.

When you’re ready to apply, check out the Level 4 Funding website and fill in your application. It only takes your name, email, and phone number, plus your description of the loan you’d like and what you’re using it for. Explain your cannabis investment plans and give them as much detail as possible.

When you’re approved for your loan, you can use it to pay to start your business in the cannabis industry. If you need a commercial space for your business, your hard money lender can also help you take out a loan for construction or commercial real estate. Depending on your lender, they might be able to give you 100 LTV commercial real estate financing.

One of the best parts of working with hard money lenders is their flexibility. Hard money lenders are known for working with their clients on payment plans, so you can pay when it works for you. This can be very helpful if you’re strapped for cash.

The good news is that your cannabis industry investment should pay for itself in time.

Invest in the cannabis industry by taking out a hard money loan.

The cannabis industry is growing almost non-stop, and it appears that the industry will only continue to grow. Invest now while the industry is still new and see your profits grow dramatically. To invest, consider taking out a hard money loan. You won’t be sorry.

Tuesday, February 26, 2019

How to Work at Home by Taking Out Arizona Hard Money Loans

Getting Arizona hard money loans to help you invest in real estate can really pay off. Investing wisely will get you on the path to being the best work-from-home landlord on the block.

It seems like everyone wants to work from home, and for good reason. You can make money without leaving your living room or getting out of your pajamas. It almost sounds too good to be true, but it’s actually a goal within reach.

Investing in properties by taking out Arizona hard money loans can make you a decent salary, and you can work toward managing it all from home. While you’ll have to put in work outside your home to get your business started, property investment can be a work-from-home job if you want to make it one. You just have to put in the initial effort.

The Process of Real Estate Investing

The first step is to explore your options. Rental properties, commercial properties, and fix and flip properties are all great real estate investments. One may be more worth your time than another depending on your area and the real estate market, so be sure to do your research and see which investment plan fits your lifestyle and environment.

Once you’ve decided which kind or kinds of properties you’d like to invest in, it’s time to make it happen. We’d recommend starting with one property to test the waters and give you a better idea of how to run an investment property. To find good deals on property, scour real estate websites and sit in on property auctions. You’re looking for a low-priced property in a good neighborhood. You can fix up a property, but you can’t change its location.

The Arizona hard money loans you need will depend on the property you’re interested in. If your property already has a building on it, you may want an investment loan or a fix and flip loan. These loans will help you pay for the property and fix it up if needed. If you want a lot or piece of land on which to build your property, you may need an investment loan and a construction loan to help you purchase the property and then build on it.

The great thing about buying an investment property with Arizona hard money loans is that the property will pay for itself over time. Whether you’re flipping a home or renting it out, the money it brings in will help you pay back your loan. Then, once your loan is completely paid off, the rest is money in your pocket.

Flipped homes typically bring in $30,000 in profit each. Rental homes and commercial properties will likely bring in more overall, as you’ll be getting payments from your tenants each month. Depending on how long you keep the property, you could earn way over $30,000. That will depend on your rent and your area’s real estate market.

After you’ve had one experience with property investing, if you like it, you can take out more Arizona hard money loans to finance future purchases. By the time you have a few investment properties, you can manage them from home and only visit them when they need repairs. Plan strategically and that life could be yours.

Choose Level 4 Funding to finance your real estate dreams.

Level 4 Funding is a trusted hard money lender based in Phoenix, AZ and has funded over $40,000,000 in projects. You could be next! Apply for your loan online now and get your results faster than you would at a bank.

How Much Do You Know About Hard Money Lenders?

Arizona hard money lenders are great options for loans, but not everyone knows that much about them. Private lending is pretty simple and can save you time and money compared to banks.

You should know that there are more options for your loans than just banks. Arizona hard money lenders can get you money quickly and easily without having to deal with banks’ complicated application processes. Private lending has several advantages over bank lending and is available all over.

If you’re looking for more information about private money lenders, check out some of these facts to become more familiar with the process.

Did you know that…

You don’t need flawless credit to get a loan from a hard money lender?

Hard money loans are equity-based, while bank loans are based more on your financial history. Therefore, money lenders typically place more emphasis on your collateral and less on your credit. If you have poor credit and can’t get a loan from a bank, you might be able to get one from a hard money lender.

Arizona hard money lenders offer a variety of loan types?

Private lenders lend money to support various business endeavors, including cannabis, real estate, and others. Bridge loans, fix and flip loans, investment loans, and commercial loans are some of the most common real estate loans.

You can apply for a hard money loan in less than ten minutes?

Like banks, some Arizona hard money lenders have online loan applications. Level 4 Funding’s loan application is just a few easy questions, and they’re likely to get back to you about your application faster than banks. Hard money loans are typically used to get money fast. If that’s what you’re looking for, consider applying.

Some private lenders can get you 100 LTV financing?

With Arizona hard money lenders, you have the possibility for 100 LTV financing in some cases, something banks cannot always offer. Part of what makes money lenders so helpful is their ability to work with you on an individual basis to develop a loan plan that works for you. Your rate and your payment plan can both be discussed with your lender to make sure they will fit your lifestyle.

Taking out a loan now could help your financial future?

People make millions investing in real estate, and you could, too. You can purchase your first investment property with a hard money loan, pay it back in no time, and be on your way to financial success.

Consider a hard money lender for your next loan.

Arizona hard money lenders make loans easy, from application to final payment. Their ability to work with you throughout your loan process cannot be matched and is helpful for many borrowers.

Monday, February 25, 2019

Loans for Flipping Houses: Why You Should Avoid the Bank

Many are enticed to get into the flipping business, either by reality television or the prospect of tidy profits. But few people just getting into the business have cash in their pocket to buy and remodel a house on their own, and most need financing. If you are new to the flipping business, learn why banks and every other financing method out there is less than ideal in the case of fix and flip loans.

Someone new to the flipping business might leverage the equity in their home, refinancing their personal residence to embark on their first flipping project. Is putting your actual house on the line to flip another house a good idea? I'll leave that for you to decide.

Another strategy is to take out a small conventional loan to purchase the house, and then take out an unsecured loan to cover the cost of remodeling. This strategy is basically like getting a credit card to pay for your flipping project, and paying bills with a credit card is never a sound financial strategy. So why not just go to your friendly neighborhood bank?

A conventional loan will always fall short when it comes to fix and flip loans

Many novice real estate investors are lured to banks by the prospect of lower interest rates, but conventional lenders fall short in almost every respect the case of flips. First, the tedious application process could cause you to miss out on the best investment opportunities, as foreclosures and short sales move quickly and traditional lenders simply can't keep up. If the property you have in mind is anything less than livable condition, your application will be denied outright. But, there's a bigger reason to avoid going to the bank to finance flips

Without exception, even if a bank miraculously finances your flip, the loan will not cover the cost of your renovations. Ever. Banks give loans as a percentage of a property’s current value. Your bank loan might cover 90 percent of a $50,000 shack and this loan will get you that shack but nothing more. If you want to remodel the home thereafter, you will need to take out another loan.

So home equity, unsecured loans, and even banks fall short when it comes to financing flips, but not all hope is lost.

Hard money loans remain the best way to finance house flips

A cursory search of the term “hard money” might make you balk at the double-digit interest rates offered by these lenders. Understand that those double-digit interest payments don't amount to much as your plan should be to sell the property within a few months.

What sets hard money apart in the case of flips is that these loans are given as a percentage of the property’s value after it's been repaired. Unlike a bank loan, a hard money loan can not only can you get enough money to purchase a distressed home, but you also get the money you need to improve it.

This factor sets hard money apart from other types of financing, be it bank loans, unsecured loans or equity loans. Home equity loans put your house at risk, unsecured loans are expensive, and bank loans will not cover the full cost of a flipping project. If you want to get into the flipping business, your best bet is and likely always will be hard money.

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