With Swift Hard Money Loans, Texas Investors Profit

There are many benefits to hard money loans Texas investors take advantage of. With fast approval, swift access to funds, and many repayment options, Texas hard money lenders are there to lend a helping hand when you need them. 

If you are a real estate investor, there are many benefits to hard money loans Texas investment pros will vouch for. One main benefit is that Texas hard money loans are asset based loans. What this means for you is that your personal finances don't matter, only the merit of your real estate investment idea. Many investors are self employed, which often means that their credit score is a bit lack luster. Personal loans as well as business loans can also over-extend your debt to income ratio. But, with hard money loans, Texas investors don't have to worry about this. Your hard money loan is based entirely on the property you want to purchase and your FICO score does not matter.

In addition to being independent of your personal finances, Texas hard money loans are fast. The application process does not take long and you can usually have your hard money funds in a couple days, and sometimes even less. This is great news for investors! This benefit of hard money loans, Texas investors rely on can help you purchase homes at auctions or foreclosures. Fast access to cash funds can make your offer more appealing and can give you a better chance of getting a great deal.

Tips and Tricks for Getting Hard Money Loans Texas Investors Swear By

If you want to get a hard money loan, you need to be prepared before you go to your lender. Here are a few tips from seasoned investment veterans to make sure you get the loan you need. 

1. Have a plan. Choose a property, do your research, and make sure you explain to your Texas hard money lenders why they should bet on you. 

2. Have an exit strategy. Make sure you have a timeline as well as a reasonable target price for selling your investment property. Make sure your Texas hard money lenders know when they'll be getting their investment back.

3. Be realistic. Give yourself some cushion on both your time line and budget. 

With these tips and a little hard work, you'll be getting hard money loans Texas investors trust in no time!

Once you have gotten your loan, it's time to get to work with your investment project. Completing the project on time and on budget will help make sure both you and your Texas hard money lenders prosper. 

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
23335 N 18th Drive Suite 120 | 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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.