What You NEED to Know About FICO Scores and Hard Money Loans Texas!

Many Americans will find themselves in the position of having "bad" credit at some point in their lives. However, bad credit does not have to keep you from your dreams of real estate investing. With hard money loans Texas, credit problems can be no problem at all.

If you have bad credit, you may feel like you can never catch a break. Everything from car loans, to home mortgages, to store credit cards may be out of your reach. However, it is important to know that you are not alone. Bad credit is classified as a FICO score of less than 640 and nearly one in four credit using Americans fall into this category.

A low FICO score might make it seem like real estate investing is out of your reach. This is simply not true. With hard money loans Texas from Texas hard money lenders, the real estate investment market is within your reach. This is because hard money loans Texas are not based on your credit score. Instead they are based on the merit of the property you want to invest in. Texas hard money lenders are in more than the business of giving out loans, they are in the business of making money, for you and for them. If you have an idea that will yield substantial profits, they are usually willing to look past your less than ideal credit score.

If you are going to invest in a property with Texas hard money lenders and you have bad credit, you need to keep a few things in mind.

1. You will pay a higher interest rate for the loan. You are a high risk borrower so your hard money loans Texas will come with a higher price tag. Keep in mind that this is meant to be a short term, for profit loan and make sure you have an exit plan.

2. You need to be taking active steps to repair your credit. If you come to your Texas hard money lenders with terrible credit, no job, and are late on multiple payments, you can expect to not get a loan. You need to be able to show that your credit problems are a minor setback, not a regular habit. This means start making payments on time and have a source of income.

3. Come in with a plan. Have a property you want to purchase and timeline for selling it, as well as a realistic budget. Convince your Texas hard money lenders that YOU are a good investment.

4. Get to work and make money. The faster you complete your project, the less interest you will pay.

5. Enjoy your profits, rebuild your credit, and keep investing in real estate!

That's it, pretty simple, right? Call us today 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 Money You Need With Texas Hard Money Loans!

Many people are confused about Texas hard money loans, but they shouldn’t have to be. Texas hard money is a loan where the investor receives their financing merely based on the value of the property they have instead of the traditional kind of bank loan that is dependent upon the kind of credit a person has. This can be a difficult loan to obtain for some kinds of people and that is why Texas hard money can be a truly wonderful thing.

You can use your Texas hard money loan to fix up the property. It is important to keep in mind that the longer you have the loan, the more interest you will pay. Rates vary based on the prime rate but you can expect to pay anywhere from six to eighteen percent, depending on a variety of factors. It is usually best to use Texas hard money loans as a short term loan options, not a long term financial solution.

While interest rates can be higher with Texas hard money versus other kinds of traditional bank loans, the rates are often worth the rewards. Approval times are fast, often in as little as two weeks. Also, your credit score is not a determining factor and neither are other aspects of your personal finances. Hard money lenders Texas base your financing on one thing, the merit of your investment property. 

It is important to remember that if you are having difficulty finding a traditional bank loan to finance your property, there are other ways. You can bypass the paper work and the hassle of a traditional loan and make good again with your Texas hard money loan. These Texas hard money loans will keep your foreclosure at bay or help you flip the house you have been thinking about for years. Don’t let your dreams escape you! Get to your hard money lenders Texas today and forget about the traditional lending conditions that have you nervous. You can have everything you always wanted with a Texas hard money loan. Call us today to find out what you can qualify for. Get the money you need and make your 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.

How To Make Top Dollar With Hard Money LendersTexas!

Real estate investors are always trying to make the most  from their investments. For many investors, this means purchasing a foreclosure and then fixing it up and selling for a profit. However, some investors end up losing money because of the renovations they do or do not do. If you are looking to renovate a house, listen to the people who know how to make money, hard money lenders Texas!

Hard money lenders Texas have real estate investment experience. A lot of it. If you are a new investor looking to use Texas hard money to fix and flip a property for profit, you may be unsure of what renovations to do to get the most bang for your buck. If you are confused about where to spend you money, take it from hard money lenders Texas, the investment property experts.

Here are 5 home improvements that hard money lenders Texas recommend to make the most money on your fix and flip:

1. Paint: Repainting a home a neutral color that will appeal to almost any buyer is always a good idea. It will help get prospective buyers through the door and it will make them feel like the home is finished. Just don't choose anything too colorful or taste specific.

2. Fix any visible damage: A small crack in the ceiling from settling may not be a big deal, but even cosmetic fixes can turn off some finicky buyers. Make sure to fix any small issues so that buyers see a finished home, not extra work they have to do.

3. Lighting: According to hard money lenders Texas, overhead lighting is often overlooked by real estate investors and it is very important to buyers. Installing good lighting and attractive fixtures is relatively cheap and will get you a high return on your investment.

4. Landscaping: Often investors will spend their entire budget inside the home and neglect the outside. While luxury landscaping is not necessary, you should use some of your Texas hard money budget to install some basic landscaping in the front and back yards.

5. Home staging: Once you have the home fixed up, it pays to have it staged, at least a little. Renting some basic staging furniture and accessories can help make buyers feel at home in the space, which will make the home sell quickly and for more money.

Using these tips from hard money lenders Texas will help you get top dollar for your fix and flip investment property. Using the right finishes and doing the right renovations could even result in a bidding war for your investment, driving your profits up even further. Take it from hard money lenders Texas, these improvements will sell your home!

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 Work From Home With Hard Money Loans Texas!

If you want to be able to quit your day job, be your own boss, set your own hours, and work mostly from home, hard money loans Texas can be a great financial tool to make your dreams come true. By using hard money lenders Texas to make real estate investments, you can start on the path of financial independence and working for yourself!

During my career in real estate and mortgage lending, I have met many people who want to be able to quit their day job. Some crave independence, others want to make more money, and still others want to be able to set their own schedule. Whether you want to be able to work from home because it is convenient, because of family obligations, or simply because you would rather wear stretchy pants than a suit and tie most days, I am here to tell you that hard money loans Texas could be your ideal solution.

Hard money loans Texas are asset based loans given by Texas private money lenders or hard money lenders Texas. They are short term loans that are designed to be for real estate investments, usually fix and flips but they can also be used for short term commercial loans and even vacation rentals. In order to qualify for a hard money loan, all you really need is a solid investment plan. Hard money lenders Texas don't care too much about your FICO score, debt to income ratio, or really any personal financial details. We are in this with you to make money and as long as your investment idea is sound, we will help you get financing.

Once you have purchased a property, you can fix it up and sell it for a profit or whatever else your investment plan included. You pay off the hard money loan and the rest is yours to keep. The best thing about hard money loans Texas is that they give you the freedom to be your own boss. Sure, you do have to leave the house sometimes to meet with you lender, contractor, or realtor, but most of your research can be done at home, on your own terms. You even get to set the times for your meetings.

Best of all, hard money loans Texas can be very lucrative, giving you enough income to buy that boat, take that vacation, or put into savings. The sky is the limit with hard money lenders Texas!

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.

Level 4 Funding is THE Hard Money Lender Texas Investors NEED to Know!

When it comes to a hard money lender Texas real estate investors need to know Level 4 Funding. We specialize in alternative funding for investors including Texas hard money loans and other investment strategies. We can help make your dreams come true today!

If you are looking for a hard money lender Texas investors know and trust, look no further than Level 4 Funding. Here are the top 5 reasons that you need to look into Texas hard money loans with Level 4 Funding if you are a real estate investor in the loan star state.

1. We specialize in alternative funding sources like hard money loans. As a hard money lender Texas investors can count on, our brokers are up to date on all the laws and regulations regarding hard money loans. We can answer all of your questions and explain terms and financing to you in plain English so that you know exactly what you are getting into.

2. We are happy to work for first time investors, seasoned real estate moguls, and everyone in between. Regardless of how experienced you are, we can work for you as your hard money lender Texas investors trust!

3. We have a lot of experience with Texas hard money loans. A lot. And we love to share our knowledge and expertise with you. We also have experience with the Texas real estate market and can help point you in the direction of the best investment for you.

4. We can help you cross-collateralize your loan. if you find that our LTV ratio is not high enough for your needs, we can help you look at other assets and find the money you need.

5. We work with you, not against you. Our goal is to help you make money so we all make money. It is a win-win scenario and we are happy to be on the journey next to you!

When you are ready to get started with Texas hard money loans, call us to get the ball rolling!

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.

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.