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

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

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

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

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

Don't Let Your Lender Play Games, Get a Texas Hard Money Loan Today!

Texas Hard Money

It’s true, Texas hard money loans made by private lenders or equity firms are actually really easy to obtain and your credit score isn’t even checked in order to do it. No longer do you need to stress about what your number is. There are no number games here! No bank loan required, just an Texas hard money loan is needed so you can start flipping your house.

There’s no need to get upset; you aren’t the only person who hasn’t had a great credit score in a while. However, don’t let that deter you from flipping that house you’ve always wanted to flip. Even if your FICO score isn’t the best, there really isn’t a reason that you should miss out on trying to renovate a house. We are here to tell you that a Texas hard money loan is the way to go in order to begin that renovation you’ve always wanted. It really is that simple.

When you decide to go with a Texas hard money loan, know that you are getting a super fast loan for the best deal and all without having to fork over lots of bank documents and without having to have the best credit in the world. If you are in the fix and flip market, this is a huge advantage because it means that you can start your project sooner and with less of a headache.   

If you’re looking for the best way to finance your home renovation, then look no further. Your Texas hard money loan is a great and easy way to get the financing you need to finally begin the renovation project you have been dreaming about for you and your family. Call our qualified brokers at Level 4 Funding today to get your Texas hard money loan application started. The sooner you call, the sooner you can purchase that property and start making 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