Texas Hard Money Lender

Tuesday, December 8, 2015

Tips From Hard Money Lenders Texas: 4 Ways to Make Money

When it comes to hard money lenders, Texas investors know that their lender has experience with fix and flips. Texas hard money lenders can usually choose investments that will be profitable for them and for you. That's because are in the business of making money, not giving handouts, and you should be too. If you want to start making real estate investments that will have high returns, here are a few tips from the hard money pros.

1. Get hard money loans Texas. Don't use personal funds to fund your entire project. There are a few reasons for this. Firstly, it will most likely deplete your personal savings account, which you may need if the property takes a while to sell or a personal emergency comes up. Hard money lenders Texas will give you a loan with as high as 80% LTV on an investment property. Don't tie up all of your liquid assets when someone is more than wiling to let you use theirs.

2. Spend your money where it matters. Don't waste tons of money on fancy upgrades that don't matter. When you are picking out fixtures for your fix and flip, always keep in mind that you don't have to live there. Choose neutral, middle of the road fixtures and splurge on things like a new roof or HVAC system. Always keep resale in mind.

3. Choose your location wisely. There are many things you can fix about a house, location is not one of them. Do not choose a house in a bad neighborhood and a neighborhood that is on the decline. Really, the best option is to buy the worst house on a nice block. We have all heard it before, but hard money lenders Texas know that in real estate, it is all about location, location, location.

4. Pay your loan off as quickly as you can. The faster you can fix up and sell the property, the faster you can pay off your hard money lenders Texas balance and keep the profit for yourself. You will also make fewer loan payments which means less money spent paying interest.

Hard Money Lenders, Texas Investors: They Go Hand in Hand!

Once you are ready to start your fix and flip project, come to us at Level 4 Funding for all of your hard money lenders Texas needs. We can get you in and out quickly and ready to start your project faster than you ever thought was possible. We can usually get you approved and have your funds in hand in a few days, compared to weeks or even months with a traditional bank.

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

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.

Danger Beware! Protect Your Investment With Hard Money Lenders in Texas

There is no way around it, real estate investing can be risky. Like any investment, you can lose some or all of your money, but there are ways to risk less by using hard money lenders in Texas to help fund your loan.

Any investment carries risk. Nothing is fool proof or has guaranteed returns. However, real estate investing is generally considered to be a safer type of investment. Or at least it was, until the housing market crashed and many investors were left with nothing. This has led many investors to be wary of taking advantage of investment properties. While there are still risks, real estate investing is rebounding as one of the safer types of investments that can help investors earn high returns.

If you are interested in real estate investing, the first thing you need to do is to find hard money lenders in Texas to help fund your loan. Texas hard money lenders provide real estate investment financing for savvy investors. Funds are based on the merit of the investment, rather than your personal finances, so generally speaking, if you get a loan it means the investment is solid, or at least has potential. Hard money lenders in Texas make money when you do so it is in their best interest to help ensure that you are making a wise investment choice.

How to Risk Less With Hard Money Lenders In Texas

If you want to purchase a real estate investment, using hard money lenders in Texas is a good option for financing. In order to risk less and gain more, here are a few tips to protect your investment and hard earned money.

1. Choose your lender wisely. If you need Texas hard money lenders, make sure the one you choose has a good reputation and experience with hard money loans Texas investors trust. Ask lots of questions and don't be afraid to ask to talk to previous clients or see testimonials. You can also check out reviews on Yelp or Angie's List.

2. Have your investment property appraised. This will help you make sure that you can sell it for enough to recoup your funds and not lose any money on the transaction.

3. Account for interest and fees in your calculations. Like traditional banks, Texas hard money lenders charge interest each month and there may be fees factored into your loan. Make sure to account for these when determining your profit margin.

Once you have decided to purchase an investment property with a loan from hard money lenders in Texas, don't delay! Find your lender today!

Find a lender with experience who you can trust and you will be on the path to making money in real estate in no time!

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

111 Congress Ave |Austin | Texas | 78701

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.

Monday, December 7, 2015

How to Choose a Fix and Flip Before Calling Texas Hard Money Lenders

The media has sensationalized the rehab and flip business, making it seem like it’s easy cash for anyone who jumps in. The truth is, you have to have a keen eye for investing, and know how to evaluate the home before you get started, especially when you’re using Texas hard moneylenders.

Homes that have fallen into disrepair can be an investor's dream. A seasoned pro can size up a home fairly quickly, and make an educated assessment as to whether it will provide a solid return on investment after all the work is complete. This evaluation is often the largest determining factor in whether someone is successful in the fix-and-flip business, so it literally pays to do the research ahead of time.

Include any contract fees and the loan costs from your Texas hard money lenders in your total expense estimates.

Consider what the repairs should cost. Some investors swear by a $20 per square-foot rule when it comes to cosmetic renovations. While this may be a good estimate, finding the right contractor and vendors can save you a lot of money. Also, think about things you may be able to do yourself or have a contact in the field already that can help you save money.

Calculate what the home will be worth after repairs. To do this, you’ll need to research what comparable homes in the area have sold for over the past 90 to 120 days. They should be in a similar neighborhood, have the same number of bedrooms, bathrooms, and square footage, and also be about the same age. You can use apps like Zillow or check out a real estate website to find comparable homes.

How to Tell if a Flip Using Texas Hard Money Lenders will Be Successful

There are no guarantees when it comes to real estate investing and flipping houses. Even experts in the industry get burned from time to time, so you have to leave yourself wiggle room. The amount you offer for the home should be enough that after you pay fees, repay your Texas hard money lenders, and cover repairs, that there’s enough money left to reimburse you for your efforts. You should try to build in a cushion when make an offer. Have fast access to cash through your Texas hard money lenders can give you room to negotiate.

You should only borrow from Texas hard money lenders if you’ve done the research and you’re familiar with potential rehab pitfalls.

There’s a big difference between making a calculated decision based on knowledge of the housing market, and in making repairs with the hope to turn a profit. Not every rebab is worthwhile. If you’re just starting out, choose the simplest projects, and include professional contractors in your budget. You can test your knowledge in rehabs by scouring a neighborhood, and making your own predictions of what houses will sell for once they’ve undergone renovations. Fix-and-flips aren’t for everyone, and getting started in the industry requires real estate knowledge, as well as a solid background in home repair and estimates. Texas hard money lenders can provide the short-term cash you need to make a deal, but you’ll need to have the knowledge to ensure you’re making a wise investment. If you have these things in your own mental toolbox, fix-and-flips can be incredibly lucrative.

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

How to Flip a House: With Hard Money Lenders, Texas Investors Prosper

If you want to become a real estate investor, there is plenty of advice in the media and from family and friends. However, take it from hard money lenders, Texas real estate investing can be a tricky endeavor. But, if you make smart choices and invest wisely, you can make big bucks.

If you turn on HGTV or DIY Network, it seems that every other show is about flipping real estate. While purchasing a fix and flip home can be very lucrative, it is far from easy. These shows do a major disservice in that they don't show you how to minimize risks or maximize rewards. Instead, there are moments of high drama but usually everything works out in the end. This is not always the case in real estate investing.

With hard money lenders, Texas investors can be prepared for the ups and downs of the investment market. Although fix and flips are not for the faint of heart, they can be a great way to make a significant profit, if you have the right team on your side.

Lending a Helping Hand: 3 Ways to Make Money on a Fix and Flip, According to Hard Money Lenders Texas Investors Trust

If you have decided to use hard money lenders Texas home flippers rely on, there are a few things you should know about purchasing a fix and flip.

1. Carefully evaluate the neighborhood. Hard money lender, Texas realtors, and seasoned investors know that the location of a home matters more than any expensive finishes you could add into it. Do your research to find desirable locations and up and coming areas of town. A good rule to follow is to try to buy the worst house on the best street because it has the most potential.

2. Don't over-invest. Don't spend too much on high end finishes if they won't earn you a decent return on your investment.

3. Use the right hard money loan product for your needs. Whether it is a residential loan, interest only loan, or even a commercial loan, Texas hard money lenders have the loan product that will be the best for you.

Once you have decided to use hard money lenders Texas, find the right lender for your needs.

Do your research and find a lender who is honest, knowledgeable and who you trust to steer you in the right direction.

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

111 Congress Ave |Austin | Texas | 78701

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.

Want To Be a Landlord? Texas Hard Money Lenders Can Make Your Dreams Come True!

If you are dreaming of making extra income by investing in rental properties, Texas hard money lenders may be just what you need to make your dreams come true. With fast loans and streamlined paperwork, hard money loans can help Texas investors with all of their goals.

If you want to invest in rental properties, you probably already know that being a landlord can be very lucrative. While it is not exactly passive income because you do have to maintain, rent, and service your units, it can be a great way to make extra money and build equity in the property. What you may not know, is that Texas hard money lenders can be a great way to start investing in rental properties.

Texas hard money lenders service hard money loans. Hard money loans are cash loans that are asset based. This means they are based on the merit of your investment property, not your individual credit score or debt to income ratio. This is great new for Texas landlords who often have high debt to income ratios due to multiple investment properties. In addition, loan times are fast and there is little paperwork, meaning you get your cash faster to purchase your property.

3 Ways Texas Hard Money Lenders Can Help You With Your Rental Purchase

If becoming a landlord using Texas hard money lenders sounds like the right choice for you, here are a few ways that your lender can help you achieve your goals.

1. Residential properties: You can use Texas hard money loans to purchase residential rentals like single family homes, duplexes, and even apartment complexes. With high loan to value ratios and the option to use other assets to cross-collateralize, you can usually borrow most of the purchase price of the property.

2. Commercial properties: Texas hard money lenders can also give loans on commercial properties. This is ideal if you want to rent space to businesses instead of housing. Commercial rentals can be a great option because there is usually less maintenance and depending on the location, you may be able to charge higher rents per square foot.

3. Your lender can help you even if you have bad credit. FICO scores don't matter to Texas hard money lenders. Make sure you have an investment plan and a way to pay off the loan but don't worry about previous debts.

Once you have decided to use Texas hard money lenders to finance your rental purchase, find the right help for you!

Find a lender who specializes in alternative funding sources and is knowledgeable about hard money loans. Don't be afraid to ask questions and shop around for a lender that you feel comfortable with.

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

111 Congress Ave |Austin | Texas | 78701

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.

Friday, December 4, 2015

Real Estate Red Flags? Not According to Texas Hard Money Lenders!

Many "conventional" ideas about what is a make or break for a home purchase simply do not apply to buying investment properties. Some "issues" can actually be money makers with a loan from Texas hard money lenders.

I recently read an article about "real estate red flags." While reading this article, I could not help but chuckle at some of the things the author thought were deal breakers. When it comes to real estate investments, Texas hard money lenders know that often times, a house with some issues can be the golden ticket.

3 Common Issues That Should Not Deter You From a Property if You Are Working With Texas Hard Money Lenders

The article about red flags had a few issues that they thought should scare all buyers away. However, if you are getting a hard money loan from Texas hard money Lenders, these issues can actually help you get a better deal and make a significant profit. That is because hard money loans Texas are designed to purchase fix and flip properties. The more that is "wrong" with the home, the lower the price and the more room for improvement. Here are three things that should never scare you away if you are investing with hard money loans Texas.

1. Property is being sold "as is." For many picky buyers, this suggests that there is something wrong with the home. There may be but if you are purchasing with a Texas hard money loan, you can use the loan to fix the problem and sell the home for a profit. You can also usually get a good deal if there are cosmetic issues. And, not asking for any repairs from the seller means you have a much stronger bargaining position.

2. The home is listed as needing a little TLC. The article said that this meant the home was a shack. If you want turnkey, obviously this would not be for you, but hard money lenders Texas know that TLC can translate into big bucks.

3. Cash only offers. Buyers with traditional financing will not be able to swing this, but with hard money loans from Texas hard money lenders, you can come to the table with cash in hand to buy the house. And, as a bonus, cash in hand offers can usually be accepted at much less than the listing price.

So, regardless of what the real estate "experts" tell you, hard money lenders Texas know that many of these "problems" should not be deal breakers and can even be ways to earn more on your
investment.

If you are looking to purchase a home with Texas hard money lenders, don't let a little work scare you! A diamond in the rough may be just what you need!

When you are ready to purchase your investment property, call our expert team at Level 4 Funding to get your hard money loan started 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

111 Congress Ave |Austin | Texas | 78701

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.