Sunday, June 3, 2018

Owner Occupied Borrowers Can Get a Private Hard Money Loan From Lenders

Welcome we offer Private Hard Money Owner Occupied Loans in Arizona up to 80% LTV. Our Arizona owner occupied hard money loans program makes it easy for you to get the new home you need despite not having credit, having bad credit, or even if you’re not from the United States. Owner occupied loans have easier requirements than investor loans and can even benefit from our cross collateral 100% LTV loan option.

Owner occupied hard money loans are also considered Principle Residence Loans, alternative financing, and private money loans.

We continuously stay up to date on all regulation required to offer owner occupied hard money loans.

Poor Credit, BK, Foreclosure, TIN Numbers, Self Employed YES we can!

No Up-Front Fees and No Cost to Apply.

Quick and simple to Apply for a Owner Occupied Private Hard Money Loan

Reasons Why Borrowers Use Owner Occupied Loans using Private Money

Bad credit

Hard to prove income

Dealing with a problem property

Cannot qualify for conventional or FHA/VA financing

Common Uses Of Owner Occupied Private Hard Money Loans Arizona

Buying first or second home

Refinance an existing loan

Cash out for repairs or remodeling

Cash out for debt consolidation

Hard Money Owner Occupied Loan Program Options

100% FINANCING AVAILABLE if the borrower has another property that is free and clear or has a small mortgage in relation to value (substantial equity) to pledge as additional collateral.

We are a Private Hard Money Lender in Arizona, making real estate loans to both Investors & Owner Occupants in Arizona.

NO PRE-PAYMENT PENALTY

We have no pre-payment penalties on our loans.

PURCHASE - REFINANCE

Down payment: 20-30%

Can accept co signers

Allow seller carry back for the Down Payment

Up to 70% or 80% of appraised value

Up to 100% financing with a 2nd free and clear property.

Interest Rates from 9.5% for Owner Occupied Private Hard Money in Arizona.

Requirements for Private Hard Money Owner Occupied Loans

Income verified – 3 months banks statements or tax return.

BK, Foreclosure, INN, Self Employed YES we can!

Apply for an Owner Occupied Hard Money Loan

If you are interested to see if you qualify for an owner occupied hard money loan in Arizona, give Jamie a call today at 623-582-4444 or fill out our loan application to get started.

What is an Owner Occupied Private Hard Money Loan?

These types of loans are considered consumer loans. This means that they are for the individual home owner not an investor or corporation. These loans are for borrowers who will live in the home as their primary residence home. These are loans where the borrow will use the funds for consumer purposes, such as paying down debt, buying a boat, debt consolidation or paying a tax lien. The funds are going to be used to help the consumer. When you are applying for a consumer Private Hard Money home loan there are a lot of requirements that the lender must do to make sure that the borrower fits the loan. These are recent requirements, but the main requirement is that the Private Hard Money Lender Lending for an Owner Occupied Homes needs to make sure that the borrower can make the payments. They call this verifying the ability to pay the loan. Since this a Private Loan, these requirements are easier and more relaxed that the traditional lender. Additionally, Arizona Private Hard Money for Owner Occupied Loans usually have a lower credit requirement. Another requirement is that the loans must be ‘fully amortized over 30 years’ and cannot have a balloon payment. The advantages of a Private Hard Money Lender are that the loan is completed quickly, and the borrower can move fast. Typically, the lender is private individual that will look at the property and make a quick decision. Rates on the loan are higher that a traditional loan, but usually range from 6-12%.

A few other reasons for a Private Hard Money Owner Occupied Consumer Loan:

Self-employed

Trouble documenting income

Inconsistent income history

Credit issues due to a recent loan modification, short sale or foreclosure

Bankruptcy

Client already owns the home and needs to refinance, the purpose is consumer in nature, and there’s no purchase component

Saturday, June 2, 2018

Private Hard Money for Owner Occupied Borrowers in Phoenix

Welcome we offer Private Hard Money Owner Occupied Loans in Phoenix up to 80% LTV.

Our Phoenix owner occupied hard money loans program makes it easy for you to get the new home you need despite not having credit, having bad credit, or even if you’re not from the United States. Owner occupied loans have easier requirements than investor loans and can even benefit from our cross collateral 100% LTV loan option.

Owner occupied hard money loans are also considered Principle Residence Loans, alternative financing, and private money loans.

We continuously stay up to date on all regulation required to offer owner occupied hard money loans.

Poor Credit, BK, Foreclosure, TIN Numbers, Self Employed YES we can!

No Up-Front Fees and No Cost to Apply.

Quick and simple to Apply for a Owner Occupied Private Hard Money Loan

Reasons Why Borrowers Use Owner Occupied Loans using Private Money

Bad credit

Hard to prove income

Dealing with a problem property

Cannot qualify for conventional or FHA/VA financing

Common Uses Of Owner Occupied Private Hard Money Loans Phoenix

Buying first or second home

Refinance an existing loan

Cash out for repairs or remodeling

Cash out for debt consolidation

Hard Money Owner Occupied Loan Program Options

100% FINANCING AVAILABLE if the borrower has another property that is free and clear or has a small mortgage in relation to value (substantial equity) to pledge as additional collateral.

We are a Private Hard Money Lender in Phoenix, making real estate loans to both Investors & Owner Occupants in Phoenix.

NO PRE-PAYMENT PENALTY

We have no pre-payment penalties on our loans.

PURCHASE - REFINANCE

Down payment: 20-30%

Can accept co signers

Allow seller carry back for the Down Payment

Up to 70% or 80% of appraised value

Up to 100% financing with a 2nd free and clear property.

Interest Rates from 9.5% for Owner Occupied Private Hard Money in .Phoenix

Requirements for Private Hard Money Owner Occupied Loans

Income verified – 3 months banks statements or tax return.

BK, Foreclosure, INN, Self Employed YES we can!

Apply for an Owner Occupied Hard Money Loan

If you are interested to see if you qualify for an owner occupied hard money loan in Phoenix, give Jamie a call today at 623-582-4444 or fill out our loan application to get started.

What is an Owner Occupied Private Hard Money Loan?

These types of loans are considered consumer loans. This means that they are for the individual home owner not an investor or corporation. These loans are for borrowers who will live in the home as their primary residence home. These are loans where the borrow will use the funds for consumer purposes, such as paying down debt, buying a boat, debt consolidation or paying a tax lien. The funds are going to be used to help the consumer. When you are applying for a consumer Private Hard Money home loan there are a lot of requirements that the lender must do to make sure that the borrower fits the loan. These are recent requirements, but the main requirement is that the Private Hard Money Lender Lending for an Owner Occupied Homes needs to make sure that the borrower can make the payments. They call this verifying the ability to pay the loan. Since this a Private Loan, these requirements are easier and more relaxed that the traditional lender. Additionally, Phoenix Private Hard Money for Owner Occupied Loans usually have a lower credit requirement. Another requirement is that the loans must be ‘fully amortized over 30 years’ and cannot have a balloon payment. The advantages of a Private Hard Money Lender are that the loan is completed quickly, and the borrower can move fast. Typically, the lender is private individual that will look at the property and make a quick decision. Rates on the loan are higher that a traditional loan, but usually range from 6-12%.

A few other reasons for a Phoenix Private Hard Money Owner Occupied Consumer Loan:

Self-employed

Trouble documenting income

Inconsistent income history

Credit issues due to a recent loan modification, short sale or foreclosure

Bankruptcy

Client already owns the home and needs to refinance, the purpose is consumer in nature, and there’s no purchase component.

Sunday, January 24, 2016

Tips From Texas Hard Money Lenders: How to Choose an Investment Property

Seasoned real estate investors know that in order to make money on your real estate investment, it is crucial that you choose your investment property wisely. If you are a new investor, take advice from the professionals who have been there and done that when it comes to investment properties, Texas hard money lenders.

Making money in real estate is one part timing, one part luck, and the rest is planning. While you may not be able to control the timing or your luck, you can make a plan to make money. Having a plan makes it more likely that your investment will become a success story, rather than a cautionary tale.

When it comes to investment planning, no one does it better than Texas hard money lenders. Hard money lenders give specialized, cash based loans for investments. It may be your first fix and flip, but they are seasoned professionals who are used to weathering bad markets and still coming out on top. Here are a few tips from Texas hard money lenders that will help make sure you come out on top too.

Choose the location of your investment property wisely. You can change finishes, renovate kitchens, and even knock down walls. Short of investing in a trailer (which Texas hard money lenders don't recommend, by the way), you can't move a house. Make sure you pick a desirable location to make the most money on your investment.
Don't over-extend yourself. Don't spend more on a house than you can reasonably make when you sell it. Also, don't over-renovate because this will make you lose money in the long run.
Get an accurate appraisal of any property BEFORE you buy it. Most flippers get appraisals after they fix up a property, but if you have lost money it is too late at this point. Having the property appraised before you purchase it will give you an idea of if you're getting a good deal and will help you gauge what you may be able to sell it for.
Get an inspection. While most investment properties are sold as is, a home inspection can help you make sure that there are not issues that are beyond your ability or budget to deal with.

By following these tips from Texas hard money lenders, you can make money and save yourself time and stress on your first real estate investment project.

Calling in the help of hard money lenders, Texas real estate professionals, and other investors can help you make sure that you make money in your investment, rather than lose it. Call a hard money lender today to get started making real estate investments 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

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.

3 Ways to Risk Less with Hard Money Lenders Texas Financial Experts Trust

Texas hard money loans are private money loans funded by hard money lenders Texas investors utilize for alternative financing options. 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 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.

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.
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.
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

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, January 22, 2016

How to Become a Landlord with Hard Money Lenders in Texas

Being a landlord can be a very lucrative business if you are driven, have some handyman skills, and like working with people. With hard money lenders in Texas you can qualify for a loan on a rental property, even if you have rotten credit, a high debt to income ratio, or other financial issues.

If you want to own rental properties, you are in good company. Rental income can be a great supplement to your finances and in some cases, be enough to quit your other job. If you want to be a landlord, you need to look into hard money lenders in Texas.

Hard money lenders give out specialized, hard money loans. A hard money loan is an asset based, cash loan that can help you purchase investment properties. You can use hard money loans for a number of situations including cash for a down payment or even to finance the entire purchase. Loans from hard money lenders in Texas are especially useful if you need cash quickly like in the case of an auction property or foreclosure. Often you can get a great deal by having cash in hand compared to the promise of traditional financing. This is especially true if you are purchasing an auction or foreclosure property.

Before you take the plunge and become a landlord, you need to make sure that it will be a good fit for your lifestyle and goals. Being a landlord usually means being on-call almost 24-7. Unless you own several properties and can afford managers and maintenance companies, most of the work will fall on your shoulders. It is also helpful if you have some basic home repair skills or have connections to get maintenance for cheap. Once you have decided that being a landlord is the right choice, Texas hard money lenders can help make your dreams come true.

3 Ways Texas Hard Money Lenders Can Lend A Helping Hand

If becoming a landlord using loans from hard money lenders in Texas sounds like a good option, make sure you do your research before you commit. Here are 3 situations where hard money loans can make your dreams come true.

1. You anticipate a windfall or making above average rent on the property. Hard money loans do carry a higher interest rate so they are not good long term solutions. But, if you anticipate a large windfall they can be a great bridge loan to buy the property now and pay later. If the property is a great deal in a high rent area hard money loans may also be a great option if you can make money above and beyond the interest rates.

2. You need cash quickly. If you need to move fast on a deal, hard money lenders can get you approved and get money in your pocket much more quickly than a traditional bank.

3. You have bad credit or other financial issues. Hard money loans are based on the merit of your investment and its ability to generate income for you and your hard money lender. This means that Texas hard money lenders don't care too much about your credit score or debt to income ratio.

If you want to learn more about how hard money loans can help you become a landlord, contact Texas hard money lenders today!

Don't wait any longer to make your dreams come true. Call a hard money lender today and discuss your loan options.

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.

With Hard Money Loans, Texas Real Estate Investors Prosper

Whether you are a novice real estate investor, a seasoned home flipper, or somewhere in between, with hard money loans, Texas real estate investors can prosper. Swift approval times, little paper work, and fast access to cash make hard money loans a Texas investor's dream come true.

With hard money loans, Texas investors can make big bucks in the real estate market. Hard money loans offer quick approval times, streamlined paperwork, and access to cash assets. In many ways, they can be a dream come true.

One main way that hard money loans, Texas investors, and Texas fix and flip properties go hand in hand, is that hard money loans offer cash loans. With traditional financing, you don't have access to cash assets. While this is perfectly fine in a traditional sale, many investments rely on the ability to make a strong, cash offer. In fact, if you are buying at an auction (a great way to get some fantastic deals on fixer uppers) you absolutely have to come with cash in hand. Hard money loans offer investors the cash they need to close the deal.

Secondly, hard money loans offer flexibility. This means that hard money loans, Texas flippers, and houses that need some TLC can be a match made in heaven. During a renovation project, any number of issues can come up to delay your timeline. Texas hard money lenders will usually work with you to keep your project on schedule and to extend you loan if it becomes necessary.

Thirdly, hard money loans offer Texas investors fast approval with little attention paid to individual credit scores. Texas hard money lenders are different from a bank in that they care about the merit of your investment, not your personal finances. The paperwork for the loan is streamlined and you can get your cash fast, often the same day.

How to Get Hard Money Loans Texas Investors Rely On

If a hard money loan sounds like a good option for you, then it is time to contact a private lender in Texas. There are several options to go about getting a hard money loan. One is to rely on someone you already know who would like to back your investment. This is a great option if you have a rich uncle or relative who wants to make some passive income. If not, don't worry, you still have options.

Barring a rich relative, you can seek out Texas hard money lenders to finance your investment project. Texas hard money lenders are private investment companies and equity firms who specialize in alternative funding sources and cash loans. In order to find a hard money lender, make sure you do your homework. There are less regulations for Texas hard money lenders so you need to be extra diligent. Make sure the firm is headed by a licensed mortgage broker with experience in Texas.

Once you have found your Texas hard money lenders, they should be able to answer all your questions about hard money loans Texas and start making your dreams come true!

Get started with Texas hard money lenders and get your real estate career off the ground, 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.

Tuesday, January 19, 2016

How to Make Money With Texas Hard Money Lenders

The key to being successful in real estate investing is to find the right Texas hard money lenders to back your purchases. Without a lender, most investors don't have sufficient cash to purchase, renovate, and sell properties and therefore won't ever get their real estate career off the ground.

Unless you are independently wealthy or have family who is, you most likely don't have the cash collateral necessary to make money by investing in real estate. Sure you could probably finance one property but it is unlikely that you would be able to get a cash loan to get a good deal or make an auction purchase. In addition, you won't be able to borrow more than the mortgage amount to use to fix up the home.

So, you may think, that unless you are a millionaire, it is impossible for you to make money in real estate. This is simply not the case. Using a less commonly known type of financing called hard money loans from Texas hard money lenders, you can break into the real estate game.

How to Make Money With Hard Money Loans from Texas Hard Money Lenders

Once you have decided to stop let finances hold you back from making big bucks with real estate investing, it is time to do a little research to find Texas hard money lenders. Hard money lenders specialize in asset based loans called hard money loans. Hard money loans are backed by the property you are purchasing and are cash loans. This makes them ideal for foreclosure and auction properties. You can also use a cash offer to get a better deal on many properties. If you can talk the asking price down, you may even have enough left over to put towards some renovations.

Once you have obtained your hard money loan, you use it to purchase a real estate investment. Whether you choose a fix and flip, short term rental (think a home in a city that is getting a big sporting event or other event that will attract short term vacation rentals), or another real estate investment. Once you sell the investment, you use the money to pay back your Texas hard money lenders. Any amount above and beyond your loan value, is your profit to keep.

There are several benefits to hard money loans. First and foremost, they are not based on your credit score or finances. Secondly, hard money loans are very flexible in their terms. You can often get extensions if you need to and there are even interest only payment options. Finally, hard money loans allow you to cross collateralize to borrow more money if you run into unexpected expenses.

Once you have decided that hard money loans are the right option for you, find Texas hard money lenders to lend a helping hand and make your dreams come true!

A hard money lender can help you get started on the hard money loan process. Your lender can also point you in the direction of other real estate professionals that can help you on your investment journey. Don't put off getting a loan any longer. Make your dreams of becoming a real estate mogul come true 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.

Top 3 Fix and Flip Projects According to Texas Hard Money Lenders

If you are a real estate investor, you know that Texas hard money lenders are a great resources for your hard money loan to purchase and rehab a fix and flip property. In addition to providing hard money loans, Texas hard money lenders also know a thing or two about property renovations.

For many first-time flippers, the process of renovating a home can be overwhelming. If you find yourself not knowing where to start, it can be easy to over-improve a home. While this many not sound like a big deal, it is. If you over spend on renovations, you run the risk of putting more money into the home than you will be able to get when you sell it.

If you are unsure what renovations will help you make money and which to skip, you need to consult the experts. Texas hard money lenders have given a lot of hard money loans on fix and flip houses and seen many success stories, as well as failures. As a result, they know where you should splurge and what projects you may want to skip.

Top 3 Projects That Will Earn Top Dollar, According to Texas Hard Money Lenders

Based on their experience with fix and flip investment projects, here are the top three money making renovations, according to top Texas hard money lenders:

1. Flooring: If you purchase a fix and flip property, chances are that the floors will be in bad shape. Stained carpet, burned or scratched hardwoods, or even carpet that has been completely removed and sold as scrap. Buyers do not want to purchase a home with tattered, worn, or missing flooring. Durable laminate and higher end carpet are great options that are budget friendly. If the home is in a particularly prestigious neighborhood, you may want to look into springing for hardwood or tile.

2. Kitchens. A kitchen will really help sell your home. If the kitchen is dated, spruce it up with new paint, appliances and counter tops. You can look into quartz options to help save money.

3. Major structural issues. If you purchase a home and find that it needs a new roof or has foundation issues, these will make it impossible to sell. Make sure that you budget for any major issues that may come up during your renovation. Texas hard money lenders know that structural improvements are a must if you want your home to sell for top dollar.

Once you have decided to purchase your fist fix and flip, make sure to find Texas hard money lenders that will lend a helping hand.

Call the experts at Level 4 Funding to get your renovation project started and make money 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.