Texas Hard Money Lenders Answer the Top Three Hard Money Questions!

When it comes to hard money loans, there are a lot of rumors and misinformation out there. Texas hard money lenders are here to set the record straight and explain the ins and outs of hard money loans Texas and why they may be right for you!

There is a lot of misinformation circulating about hard money loans Texas. Some people have never even heard of them while others may have heard half truths, and still more have heard things that are simply untrue. Texas hard money lenders are here to set the record straight by answer the top three most common hard money questions.




1. What exactly is a hard money loan? Is it hard to get? 

A hard money loan is a specific type of asset backed financing. You get a hard money loan by coming to Texas hard money lenders with a specific real estate investment plan. The lender listens to you plan and bases the loan decision off of the merit of the investment. They are called "hard money" loans because you get hard cash, rather than an offer of credit like you would from a bank. This can be very beneficial in a competitive real estate situation because cash is often more attractive to a seller than financing because it takes less time. And no, a hard money loan is not hard to get. It should actually be called easy money. Hard money loans Texas are not based on your credit or individual financial position. Instead, the loan is based on the merit of your investment.

2. Who can use Texas hard money loans?

Anyone who wants to invest in Texas real estate can take advantage of loans offered by Texas hard money lenders. These loans are designed to be short term loans and are perfect for fix and flips or short term investment properties. They can also be a bridge to get you from purchase to refinance if you have your eye on a property but need a few extra months to get your finances in order.

3. What are interest rates like?

Like any loan, the rates on hard money loans vary depending on the prime rate as well as which lender you choose and how much you borrow. Typically hard money loans Texas have a higher rate than traditional loans but remember, they are designed to be short term loans. If you pay the loan off quickly the interest is practically negligible.

If hard money loans Texas sound like a good option for you or you want to know more, give us a call at Level 4 Funding today! We are more than happy to answer all of your questions and will be there to help you every step of the way!

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 Avoid Pitfalls That Delay Closing with Texas Hard Money Lenders

During a real estate sale, there are many issues that can come up that will delay or even cancel the closing of a property. If you are an investor looking to purchase an income property, this can be very disheartening. You can help the closing process go more smoothly by getting a hard money loan from Texas hard money lenders. 

There are many, many issues that can come up during the escrow period that can cause a sale to be delayed or even fall through. Everything from seller's remorse, to a bad inspection, to an inability to secure financing can make a property sale a no go. If you are a new real estate investor, it is easy to get discouraged if a property falls through. However, with Texas hard money lenders you can take some control of the situation and make your deal less likely to fall flat. 

Here are a few common reasons a real estate transaction fails to close and how Texas hard money lenders can make it less likely to happen.

• A Bad Home Inspection: Many real estate deals end up dead in the water due to a bad home inspection. Sellers won't fix major issues or buyers find that there is simply more to do than they can handle. With Texas hard money loans from Texas hard money lenders, you can usually be assured that even with a bad inspection, the property will still be yours. You can cross collateralize with other assets to borrow more money if there are more issues than you anticipated. Also, since you are planning to rehab the property anyway, you are less likely to have to ask for repairs. 
• Seller's Remorse: Often, sellers will have second thoughts about selling their home. With the long, drawn out financing and closing process of most traditional lenders, the seller has a lot of time to get cold feet. With a hard money loan from Texas hard money lenders, the timeline is accelerated and closing often only takes a matter of weeks. Less time to reminisce means less time to pull out of the deal and a higher likelihood that you will close. 
• Financing Falls Through: Sometimes a buyer's financing will fall through due to a blip on a
  
  credit report or income issue discovered during underwriting. Luckily, with Texas hard money lenders, your financing is contingent on the value of the property you are buying, not your personal finances so you don't have to worry about this issue. 

Using experienced Texas hard money lenders to fund your investment property can help you avoid some of the pitfalls that lead to a deal falling through. When you are ready to get that real estate investment going, call a hard money lender to get started. 

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 Get the Most Bang for Your Buck With Hard Money Loans Texas!

Hard money loans Texas are a special type of asset based loan that can be used to purchase investment properties. Knowing how to best use your funds will help you get the most bang for your buck!

If you are looking into hard money loans Texas, you already know that they are a great way to finance an investment property. Texas hard money loans are asset based loans that are given to real estate investors and in many cases, used to rehab a property and sell it for a profit. If you have an eye for design, don't mind a little hard work, and like making money, a fix and flip could be the right real estate investment for you.

However, like any investment, a fix and flip can have its risks. When you are using your funds from hard money loans Texas, you want to make sure that you are getting the most bang for your buck, honey for your money, return on your investment, the list if idioms goes on, but you get the picture. In order to do so, it is important that you use your capital wisely and make smart choices on what you fix up in the property. Here is a list of the top 4 home renovations that will help you sell your fix and flip for top dollar:

1. Landscaping: A barren backyard or lack of a sprinkler system will make your home less appealing.You never want a potential buyer to see work they have to do. Do it for them, but don't over do it. Basic landscaping won't cost much and will give you about a 250% return. 

2. Home Staging: You want the home to show like a home a buyer would want to live in, not a vacant property. For this reason many real estate agents recommend that you rent furniture and accessories to stage the investment property. This will help it sell quickly. Costs for home staging vary but you can usually plan on about a 300% return on whatever you end up investing. Home staging can be a great use of your hard money loans Texas funds.

3. Good indoor lighting can make your home shine. Buyers won't even notice the gorgeous granite counter tops if they can't see them so make sure you have plenty of built in lighting. This improvement costs around $400 and can boast over a 300% return on that investment so it is definitely worth it.

4. Kitchen: using your Texas hard money loan to redo an old, dated, or non-existent kitchen isn't just smart, it is essential. It is often said that the kitchen is the heart of the home, especially for Texas mamas. Make sure it is nice but don't overspend. Depending on your finishes you can expect to earn anywhere from 60 to 120 percent return on your kitchen investment.

Use your hard money loans Texas assets to make improvements to the property that will earn you the most money. Getting the most bang for you buck will put more 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.

How to Make Money: Best Renovations According to Hard Money Lenders Texas

When it comes to home renovations, hard money lenders Texas are a great source of information. Like you, they want to have the property sell quickly and for top dollar. They have a lot of experience with fix and flip properties and can help guide you in the direction of what renovations help sell you home fast. 

When you think of home renovation, you probably don't immediately thing of hard money lenders Texas. While hard money lenders specialize in hard money loans Texas, they have worked with a lot of real estate investment deals, many of which are fix and flips. As a result, they usually have first hand knowledge of what kind of renovations will help you earn top dollar when selling a home as a fix and flip investment.

Here a few examples of home renovations that hard money lenders Texas would recommend to help you earn the most money on your fix and flip investment:

1. Lighting: Good indoor lighting can make your home shine. Buyers won't even notice the gorgeous granite counter tops if they can't see them so make sure you have plenty of built in lighting. This improvement costs around $400 and can boast over a 300% return on that investment so it is definitely worth it.

2. Home Staging: You want the home to show like a home a buyer would want to live in, not a vacant property. For this reason, hard money lenders Texas and many real estate agents recommend that you rent furniture and accessories to stage the investment property. This will help it sell quickly. Costs for home staging vary but you can usually plan on about a 300% return on whatever you end up investing.

3. Landscaping: A barren backyard or lack of a sprinkler system will make your home less appealing.You never want a potential buyer to see work they have to do. Do it for them, but don't over do it. Basic landscaping won't cost much and will give you about a 250% return. However, according to hard money lenders Texas, there is one caveat here, don't spring for luxury landscaping (think hardscapes, fountains, extended patios, outdoor kitchens, etc) unless the neighborhood warrants it. You often won't even get a 100% return on this kind of luxury enhancement.

So, even thought Texas hard money lenders may not be your first thought when it comes to renovation and design, they should be!

Hard money lenders Texas have "been there, done that" when it comes to fix and flip investment properties. Trust their advice when you are wondering what renovations are an absolute must to sell your property fast!

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.

5 Tips for Investing in Real Estate from Texas Hard Money Lenders

For the novice investor, buying property as an investment can seem overwhelming. However, Texas hard money lenders can make the process quick, simple, and painless. 

When you are buying an investment property for the first time, there is an overwhelming amount of information and things to do. Showings, closing, mortgages, fixing the property up, selling it, dealing with taxes, not to mention setbacks that may happen along the way. This can make you want to throw your hands up in the air and give up before you even begin. However, Texas hard money lenders can tell you, even though the process seems impossible, it's not. Breaking it down into a few easy steps with tips from experts along the way can make it seem more manageable and will have you making money in no time!

Here are 5 tips for real estate investing from Texas hard money lenders

1. Find the right property. For your first investment, you may want to stay close to home or at least choose an area that you know well. This will make choosing a great location and knowing approximate home values easier. Some investors use a realtor for this but keep in mind that you may be able to make a stronger offer if the seller doesn't have to subtract realtor fees from the purchase price. 
2. Find the right lender. Once you have found a property you are interested in, find the right Texas hard money lenders. Your hard money Texas lender will help you finance the property with cash. This makes your offer stronger and can usually get you a better deal. 
3. Go with the flow. There will be set backs and unforeseen issues. Expect the unexpected. 
   
4. Create a realistic timeline and budget, but know that they will both need to be flexible. If you are rehabbing a property, you will most likely spend more time and money than you anticipated. Knowing this can happen will make it less stressful. If you need an extension on your hard money Texas loan, make sure to ask your lender for you. He wants to see you succeed so he will most likely say yes to a reasonable request. 
5. Price the home to sell quickly. Don't overprice the home because the longer it takes to sell, the more interest you will pay. A good price and great home improvements will make the home sell quickly and make you the most money. 

If real estate investing sounds like the right fit you, call Texas hard money lenders today!

They can help you get started on the road to real estate investing and help you maximize your time and money. 

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 Quit Your Day Job with Hard Money Loans Texas

If you are tired of the daily grind, it may be time to get out of the rat race for good. With hard money loans Texas you can make full time money as a real estate investor. You get to set your own hours, be your own boss, and have more control over your work life. 

If hanging out at the water cooler and discussing the office gossip over coffee while you make less than you're worth is becoming old, it may be time to look into hard money loans Texas. Texas hard money loans are a specific type of collateral based real estate loan that can help almost anyone get started in real estate investing. Real estate investing can help you make money and get you out of the office, for good. If this sounds like the job for you, keep reading to learn more about how hard money loans Texas work and how you can use them to your advantage.

Texas hard money  loans are cash loans given by private investors and investor groups. They are based on the potential value of the property you want to buy as an investment. You can usually borrower up to 80% of the property's value and you can use other property you own (like your home or another real estate investment) as collateral to borrow more than 100% of the investment property purchase price. This is great news for you because it means that with hard money loans Texas there is little to no money coming out of your pocket.

You can use hard money loans Texas to buy a fix and flip or other short term investment property. You can also use them as a short term bridge loan to help make up for capital that you are expecting soon. Really, the possibilities are limitless, unlike that cubicle job you have right now.

So, what are you waiting for? Get started with hard money loans Texas today!

Learn the ins and outs of Texas hard money by calling us at Level 4 Funding. We can walk you through the process and help you on your journey to building your real estate empire. Who knows, you may be the next Donald Trump.

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.

Tips from Hard Money Lenders Texas: What Makes a Great Real Estate Investment

Hard money lenders Texas know that not all real estate investment properties are created equal. There are some features that make certain properties better investments with a higher potential for earning large profits.

If you are interested in real estate investing, the first thing you need to do is find hard money lenders Texas to help you with your loan. Once you have found a lender you trust, it's time to start searching for a property to invest in. Whether this is your first investment property or your 50th, there are a few things you need to keep in mind as you find the perfect property to invest in.

1. Choose your location wisely. You can change most things about a property, but you can't change the location (unless it is a mobile home which I don't recommend as an investment property). If you buy a home in a bad neighborhood, it doesn't matter what you do to make it nice, you will not be able to sell it for as much as a comparable home in a sought after area. Do your research on neighborhoods, schools, and even streets to find a house in a desirable location. 
2. Don't take on too much. If you are planning to do a fix and flip with your Texas hard money loan from your hard money lenders Texas, don't bite off more than you can chew. If you don't have the budget to fix the roof, HVAC system, and replace all the windows, choose a home with less work to do. 
3. Don't offer list price. Always negotiate. With your hard money loan from hard money lenders Texas, you will be able to buy the property with cash. This makes your offer much stronger than a credit offer so you have some room to negotiate price. Use this to your advantage. 
4. Have the home inspected. Chances are you will be buying a foreclosure or auction property and it will be sold as is. However, you should still have the home inspected to make sure that no unforeseen issues come up. This will help you stay within your budget and timeline. 

Once you have chosen your property, make sure to complete your renovations in a timely manner and stay as close to budget as possible. Use your Texas hard money loan to fix up the property quickly and sell it for top dollar. Once you have paid back your Texas hard money lenders, the rest of the profit is your to keep. 

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.