How To Use Hard Money Loans Texas for Commercial Real Estate

Hard money loans Texas can be very beneficial for investors who are purchasing residential real estate properties like fix and flips or vacation rentals. However, hard money loans are also a great tool for commercial real estate investors. Read more to learn how you can use hard money loans Texas for your next commercial transaction.

If you are a real estate investor, you have probably heard of hard money loans. Hard money loans are asset based loans that are secured by real property, the investment property you are purchasing. They are short term loans and are given by an investment company or private mortgage firm.

When you get a hard money loans through Texas hard money lenders, there are a few things you need to be aware of. Firstly, the loan process will be quick and have less paperwork than a bank loan. You can usually get your money in about two weeks, sometimes less depending on the lender. Secondly, the Loan to Value or LTV ratio will differ by lender as will interest rates so make sure you shop around to choose the best Texas hard money lender. Finally, you will be charged a higher interest rate on this short term loan because it is riskier for the lender. If you can sell the property quickly enough this won't matter and both you and your Texas hard money lender can make quite a bit of money.

You hear a lot about hard money loans Texas with regards to residential loans and auction purchases. You may not even know that they are also an option for commercial real estate investments. I am here to tell you, they are. 

Hard Money Loans Texas are Here for You!

If you want to invest in a commercial property, you can still get a hard money loan funded by Texas hard money lenders. A commercial hard money loan is very similar to other hard money loans Texas  in the way that they are financed and based on assets versus credit scores. The major differences have to do with federal regulations. There are less regulations for commercial loans so you want to make sure you find a Texas hard money lender who has done commercial loans before and is trustworthy. A mortgage broker is may be a better choice than an investor in this case because a broker at least has some verifiable qualifications. 

When you are getting commercial hard money loans Texas, be aware that you may be paying a higher interest rate, so treat it like a short term loan, similar to a bridge loan. Paying off the loan quickly will help maximize your profit and keep you from overspending on interest payments. 

If commercial hard money loans sound like what you need, get started today!

Don't delay. Call our office today to get started on your commercial hard money loan!

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

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.

Let's Get Technical: How to Cross Collateralize with Hard Money Lenders Texas!

Most hard money loans will only lend a percentage of the value of an investment property. Some investors may need more, if you find this to be you, ask your hard money lenders Texas about how you can cross collateralize with other assets to maximize your borrowing potential.

When you get a hard money loans through hard money lenders Texas, there are a few things you need to be aware of. Firstly, the loan process will be quick and have less paperwork than a bank loan. You can usually get your money in about two weeks, sometimes less depending on the lender. Secondly, the Loan to Value or LTV ratio will differ by lender as will interest rates so make sure you shop around to choose the best Texas hard money lender. Finally, you will be charged a higher interest rate on this short term loan because it is riskier for the lender. If you can sell the property quickly enough this won't matter and both you and your Texas hard money lender can make quite a bit of money.

If you are looking to purchase an investment property like a fix and flip, or rental property and have been denied a loan from a bank, don't give up hope just yet. With hard money lenders Texas you can probably still get the loan you need with less hassle and paperwork than a traditional mortgage. Texas hard money lenders base your loans on your assets and investment potential, rather than many traditional qualifiers like debt to income ratio or credit score.

However, while getting loan is usually easy, you need to keep in mind that most lenders will only loan a percentage of the property's value. The loan to value ratio, or LTV, is usually between 65 to 75 percent of the purchase price. So, if you want to buy a property for $200,000 you can expect to get a hard money loan for between $130,000 and $150,000. This means that you will need to have anywhere between 50 and 70 grand of liquid cash to invest in the property.

But, What if I Don't Have That Kind of Cash in The Bank?

You may be asking yourself if it is still even possible to purchase a fix and flip or investment property without having a big chunk of cash saved up. Well, with hard money lenders Texas, it is. If you need to borrow more than the LTV of the property, ask your Texas hard money lender about cross collateralizing the loan.

Basically, this means that you would use other assets or properties you own to make up for the difference in the LTV and what you need to borrow. So if your lender would give you $170,000 in a hard money loan, you could use another investment property or even your personal home to secure the remaining $30,000 that you need. This is most common in commercial hard money loans, but many hard money lenders Texas will also consider it for residential investments as well, for the right borrower.

Don't let a LTV ratio stand in your way! 

Call hard money lenders Texas today to make all of your investment dreams come true!

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

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.

Real Estate 102: What You NEED to Know About Texas Hard Money Lenders

If you are looking for an alternative funding source for a real estate investment, look no further than Texas hard money lenders. Hard money lenders Texas are investment groups and mortgage professionals that can help fund you next project and make your dreams come true!

If you are looking to purchase an investment property like a fix and flip, or rental property and have been denied a loan from a bank, don't give up hope just yet. With Texas hard money lenders you can probably still get the loan you need with less hassle and paperwork than a traditional mortgage. Texas hard money lenders base your loans on your assets and investment potential, rather than many traditional qualifiers like debt to income ratio or credit score.

So, what does this mean for you as an investor? Well, it means that for many investors, additional financing is within their reach. Many real estate investors have an undesirable debt to income ratio on paper. Many write offs or non-cash assets like other investment properties can look like negative assets when in reality they make you money ever month. However, the mortgage balance owed or the sheer number of properties owned can be a turn off for the bank. Also, if you suffered a foreclosure on an investment property during the housing collapse, getting a bank loan can be trick. Rest assured that neither of these will be a problem for Texas hard money lenders.

What Exactly is A Hard Money Texas Loan?

If a loaned funded through Texas hard money lenders sounds like it could be just what you need, it is time to start learning more about hard money loans. Hard money loans are asset based loans that are secured by real property, the investment property you are purchasing. They are short term loans and are given by an investment company or private mortgage firm.

When you get a hard money loans through Texas hard money lenders, there are a few things you need to be aware of. Firstly, the loan process will be quick and have less paperwork than a bank loan. You can usually get your money in about two weeks, sometimes less depending on the lender. Secondly, the Loan to Value or LTV ratio will differ by lender as will interest rates so make sure you shop around to choose the best Texas hard money lender. Finally, you will be charged a higher interest rate on this short term loan because it is riskier for the lender. If you can sell the property quickly enough this won't matter and both you and your Texas hard money lender can make quite a bit of money.

Once you have decided that hard money is the right decision for you, find a professional broker who specializes in alternative investment funding. 

You will be glad you found Texas hard money loans when you get the keys to your investment property. And you will be even happier when you walk away from selling it with lots of extra cash in your pocket!

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

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.

Knowledge is Power: What You NEED to Know About Hard Money Loans Texas

If you are a real estate investors or interested in getting started, you need to know about hard money loans Texas. Texas hard money is an alternative investment strategy for real estate investors that can help purchase investment properties. What you do with the property is up to you, but the longer you have the loan, the more interest you will pay. More interest means less profit so you are often best served by paying off the loan quickly. This makes hard money loans Texas ideal for fix and flips or fast cash needed for an auction.

If you want to learn more about hard money loans Texas, here are a few facts that you need to know before you try to obtain your hard money loan.

• Hard money loans Texas often have higher interest rates than traditional loans. This may seem like a deterrent at first, but remember they are designed to be short term capital loans. If you have a plan to pay the loan off quickly, the interest will hardly even dip into your overall profit. 
• Get your hard money loan from a reputable hard money lenders Texas. There are a lot of investment scams out there so make sure to do your homework and choose a reliable lender. 
• You can use hard money loans Texas for a variety of purposes. Buying a fix and flip, a vacation rental, or other income property are just a few. You can also use hard money loans Texas as short term business loans when you need cash quickly for an unexpected expense. 
• Credit scores are not important for hard money loans Texas. In fact, hard money lenders Texas hardly even look at your credit history. They care more about your investment plan and the potential to make money. 
• Debt to income is not as stringent with hard money loans Texas. This is really good news for investors who may have a few properties. Banks will often disqualify investment properties based on what you owe on other real estate debts. This is not always the case with hard money lenders Texas. 

Once you are ready to start your investment journey with hard money loans Texas, be prepared to have you life changed. You can make huge profits and may even get to quit your full time job in favor of being a real estate mogul. That sounds pretty nice, doesn't it? 

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

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.

Danger! Buyer Beware! 3 Ways To Risk Less With Hard Money Lenders Texas

Hard money loans Texas are private money loans funded by hard money lenders Texas. The loans are given primarily to real estate investors to purchase properties they intend to use as a way to make money. The lender makes interest and earns their principal back and the borrower makes a profit on a smart investment. There are less regulations and a lot less paperwork than traditional loans and you personal finances don't matter nearly as much as they would at the bank. Sounds great, right? Well, hard money loans Texas are a great way to make money and are a relatively safe investment. But, any investment has some risk. Here are 3 ways to risk less on your Texas hard money loan.

1. Choose hard money lenders Texas wisely. Not all investment firms or mortgage brokers are created equal. There are people out there who just want to scam you out of interest. Look for a licensed broker or equity firm to fund your investment. Make sure your loan officer is knowledgeable about alternative funding and specifically hard money loans Texas. 
2. Ask lots of questions. Ask about interest rates, loan to value ratios, time frames, and any other concerns that you may have. Your hard money lenders Texas should be able to answer all of your questions in detail and give you the peace of mind you need to go forward with the investment. If you feel unsure, keep asking or shopping around for a new lender until you are confident. 
3. Do your homework. Before purchasing any property make sure that you have a plan. Get the home inspected and appraised. Remember that location matters and try not to overspend on repairs. Have a budget and timeline worked out before you begin your project. Not only will this make sure that you make a smart investment, but it will also impress your hard money lenders Texas that you have a solid game plan in place. This will make it more likely that you will get the hard money loans Texas that you need. 

Once you have your loan in place, there is still one major risk with Texas hard money loans. They are addicting! Once you have a taste of fixing and flipping a property, there is a huge risk you won't be able to get enough and will keep doing it. But rest assured whether your real estate investment is a one time thing, or a way to make steady income, hard money lenders Texas will be there when you need them!

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

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.

How to Make Your Retirement Dreams Come True With Hard Money Loans Texas!

When it comes to retirement savings, most people know the basics, 401ks, 457s, 403s, stocks, bonds, and many more options. But, did you know there are several disadvantages to these traditional options. Namely, they are dependent on the stock market, which we all know can be fickle, to say the least.

With ups and downs in the market, many folks are finding that they are losing their retirement savings. Take the story of one of my employees, for example. Her husband is a fire fighter with the majority of his retirement savings in a 457 fund. This quarter, they LOST $20,000. Now luckily, they are young and have time to make that money back, but all I could think when she was telling me this was how much better off they would have been investing in hard money loans Texas. 

You are probably thinking why, what makes hard money loans Texas a better retirement option than many traditional plans? Well, the answer is simple, hard money loans Texas are not dependent on the stock market and don't fluctuate from day to day as drastically. This is because hard money loans Texas are a real estate investment which is generally more stable since it is not affected by an earthquake in Brazil or the quality of the air in China (seriously, these things can and do tank the stock market). 

If my employee and her husband had used that twenty grand as a down payment for a Texas hard

money loan, they could have worked with Texas hard money lenders to fund the rest of the capital for a real estate purchase. They could have purchased a fix and flip property, vacation rental, or even a long term rental property. These would have made them money as either a fix and flip or long term monthly income. Either way, I guarantee they would have made well more than $20,000 and lost nothing if they made a smart investment. Much better than waiting and hoping there isn't a nuclear power plant meltdown in Japan. 

When you are investing in hard money loans Texas, it is important to keep a few things in mind to help minimize your risk and maximize your profit. Always work with professional Texas hard money lenders who have experience with hard money loans Texas. Each state has different regulations so having a lender who knows the laws in Texas is key. Also, make sure to work with a real estate agent who knows his stuff when you buy the property and always do your due diligence as far as appraisals and inspections go. 

If you work hard, you may find that hard money loans Texas are not only a great way to supplement your retirement income, but may also become a full-time job and passion.

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

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.

Top 3 Reasons You NEED Hard Money Lenders Texas!

 If you live in Texas and want to start investing in real estate, then you need to start looking into hard money lenders Texas! Hard money lenders in Texas are mortgage firms that specialize in helping investors find alternative funding sources to loan to investors as ways to make money on real estate. Here are the top 3 reasons that you NEED to start looking into hard money lenders in Texas.

1. Hard money loans Texas should really be called Texas easy money. Texas hard money loans are easy to qualify for and require very little income verification. In fact, the only thing that really matters is the potential to make money. This is great news if you have a high debt to income ratio due to having your assets tied up in other properties. This also makes hard money lenders Texas a great funding source if you are self-employed and have trouble verifying your income.

2. You have a bad FICO score. Like debt to income ratios, FICO scores don't matter too much to Hard money lenders Texas. Even if your credit is less than perfect, you can still get the hard money loan that you need.

3. You need cash fast! If you need cash in hand quickly to make an offer on a property, hard money loans Texas are just the ticket you need! It often takes only a couple of weeks to close your loan so you can get the cash you need for an auction or foreclosure property you want to buy.

Once you have decided that you NEED a Texas hard money lender, your first stop should be Level 4 Funding. We provide competitive rates and well as high loan to value Texas hard money loans. Our licensed professionals are passionate about Texas hard money and will fight for you to get the money you need. Give us a call today!

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

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.