Say yes to hard money lenders with help from your California loan broker

If you need yourself a good loan to get yourself back on track, then it’s time to talk to your loan broker California about your hard money lender loan.

Don’t think that you need to suffer. You don’t! You can get the asset-based funds that you need without the hassle of your traditional bank loans. You will never have to worry about your credit. You will not have to worry that you won’t get your money in time. You can take back your life with a hard money lender loan.

You might think there’s no way that this will work, but it can. You can bypass any credit history questions- which you cannot do when it comes to traditional bank loans. Traditional bank loans are tiresome; you have to do a lot of paperwork and sometimes there is absolutely zero payoff when they tell you that you can’t get the loan. That’s why you need to talk to your California loan broker about getting a hard money lender loan today.

While you do get your hard money lender loan faster, do realize that there is a higher interest rate and that can be very concerning to people, but don’t let it be. You don’t have to worry about that because you can always pay back the hard money lender loan faster, which means that you won’t have to deal with the interest rates at all.

Think about this and have a chat with your California loan broker about your hard money lender loan. It will be the best way that you can get yourself back on track. This will be the best kind of loan you can get for your time, money, and credit. Don’t feel bad about not wanting to have a traditional bank loan. Get your hard money lender loan today.

[caption id="attachment_4487" align="alignleft" width="300"] hard money lender California[/caption]

California Hard Money

California loan Broker

Dennis Dahlberg

Broker/RI/CEO/MLO

Level 4 Funding LLC

Tel:  (623) 582-4444 | Fax: (888) 279-6917

www.l4f.info

NMLS 1057378 | AZMB 0923961 | MLO 1057378

23335 N 18th Drive Suite 12

Phoenix AZ 85027

Commercial Real Estate: How To Find Leads

When you are just starting out in the commercial real estate business you have to always keep your head on a swivel. There is always a property to be sold; always a flip to be made. You just have to go out and find it.

 

The commercial real estate business can be a crucible when you are just starting out. One of the biggest obstacles many beginners face is finding out where the next potential buy is. If you ask most professionals in the trade, they will tell you it is usually word of mouth that gets helps them find their prospective buy. Some will tell you looking through public records is the best way to find a new property. These are just a small few ways that you can go about finding your first buy, but you have many options if you look closely.

 

Word of mouth is possibly the best way to find out where the best prospects are for investing. The first place you could go to is your family. Most of the time they are best places to start. The commercial real estate business is about making and having connections. You want to make sure that you start making connections with people that are on the ground floor of the market that you want to corner. Having your ear to the street will give you a lot of leads when you are beginning.  Being a people person is a lot of the battle in the commercial real estate business; you have to be able to talk to different people without fear. Being extroverted is a great trait that you could use to your potential. Everyone likes someone that is personable. However, it is possible to be introverted.  Another way you could figure out where some potential properties is by mentioning to people that you are in the commercial real estate business. Just by giving people your business card or the link to your website in passing opens up many different doors.

 

Connections
in the commercial real estate business
are extremely important

 

This is the age of social media, with a swipe of a finger or a quick click of a mouse puts you in contact with millions of people.

The same model can be applied to commercial real estate. If you are having trouble finding where the best lots are located or when the next foreclosure is happening a tweet could suffice. You could keep up with certain hashtags that involve your business such as #CRE. You could also send a massive email chain could also help you find some new clients.  You also want to make sure that you keep up with the plethora of blogs and forums that are online. You usually will have some that could give you the rundown on a city you may want to start plotting investments.

When
all else fails the commercial real
estate business will always have something around you just have to go
searching

 

Sometimes you just have to trust your gut and go cold searching for a property that you may be interested in. Many investors will drive around popular neighborhoods and cities looking for distressed or derelict properties that need a little refurbishment. This is called, “driving to dollars,” in the commercial real estate world. Depending on your experience this will be the first or last thing you do.

 

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
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

 

 

When do I look into Deed of Trust Investing California?

If you are thinking about changing up your portfolio but you don’t know when or if you want some extra cash and you want it right now- then any time is a great time to ook into deed of trust investing California. To think, if you started right now, then you could have money sooner rather than later.

What makes deed of trust investing California so fantastic is that you can make money with the lowest kind of risks. All you have to do is invest. Then you get to start making money. Very little effort on your part is needed. For a deed of trust investing California you get to add additional income to your pockets or you get to add a new piece of property to your portfolio. It really is that simple and you are guaranteed a great return on your investment which is all anyone who invests can really even ask for these days. No risk? Why not give it a try then?

As you might know, soft traditional bank loans are hard to come by right now but that’s fine because trust deed investments California are going to be so much easier to acquire anyway for people. Don’t think twice about making the move towards trust deed investments California. There’s nothing wrong with making money for your portfolio and there’s nothing wrong with having a low risk and high return. These are things people want for their portfolio so why not do it with a trust deed investment California?

Even if you choose non performing notes California or performing notes California, you will always receive an asset in return. There won’t be a part of the investment where you worry that you won’t see anything back from it. This investment benefits you as the trustee as much as it benefits the borrower. Get into trust deed investments California today.

[caption id="attachment_4487" align="alignleft" width="300"] hard money lender California[/caption]

California Hard Money

California loan Broker

Dennis Dahlberg

Broker/RI/CEO/MLO

Level 4 Funding LLC

Tel:  (623) 582-4444 | Fax: (888) 279-6917

www.l4f.info

NMLS 1057378 | AZMB 0923961 | MLO 1057378

23335 N 18th Drive Suite 12

Phoenix AZ 85027

Commercial Hard Money Lender: How You Can Make Them Eager To Sign YOU!

If you’re ready to apply for a loan with a commercial hard money lender, you may want to review the following advice. While you don’t have to be perfect, these characteristics may have a helping

hand in making your dreams come true.   As experienced commercial hard money lenders, we try our very best to make the loan application process and approval easy for you at Level 4 Funding. However, there is a lot that you can do even prior to the start of the loan application process. Here’s the key–you don’t have to be perfect or have perfect credit history–you just have to have a plan for success!

BE PREPARED:  Be sure to “come to the table” having done your homework. Spell everything out for your commercial hard money lender; making it easy for him or her. After all, they hold the key to your outcome of your future. From a business plan including a mapped-out marketing strategy to financial records including cash-flow statements– get everything organized, up-to-date, and ready to professionally present.

BE AUTHENTIC:   Good credit or bad credit –commercial hard money lenders just need to know. Don’t “walk into” the loan application process without being ready to explain your history and state your case. Yes, it’s wonderful that you may have been able to consistently make payments during good and bad business times, but if the latter, just document your story and be ready to effectively explain and share it.  

One Final Quality That May Help Determine Your Eligibility In Securing A Loan With A Commercial Hard Money Lender

   So, you’re organized and forthright with your business plan and financials; in-hand. Take it one step further and get a little proactive before engaging with your commercial hard money lender. A final thought is loan collateral. If you have a down payment with respect to the potential purchase of property, be ready to know what it is and be ready to put it down. Anything you can offer helps looming loan-to-value requirements.  

A Commercial Hard Money Lender Wants You To Be Successful–Being Prepared, Authentic, And Proactive Is Only Going To Help Your Chances For a Win-Win Solution!

  Look to Level 4 Funding when applying for your first or next commercial mortgage loan. Our commercial hard money lenders are experienced and are here to help. We focus on speed of service and offer more flexibility than traditional banks. We want to work with you! If you happen to be prepared, authentic, and even a little proactive–it will only make things that much easier all-the-way-around!

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
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Mortgages: How To Evaluate Your Eligibility

Before you consider commercial mortgages, it is important to know what you need to qualify for one. Lender requirements are often just the beginning.

Commercial mortgages i.e. non-residential mortgages are nothing to sneeze at. In other words, you’d be surprised how much of an impact commercial mortgages have on the overall financial future of companies. Consequently, when it comes time to enter the vast world of non-residential mortgages, it is extremely important to your eligibility. Of course, you may be asking yourself, aren’t non-residential mortgages loans similar to most mortgage loans? Well, obviously the answer to that question is no.

In general, non-residential mortgages are viewed as high-risk loans for most lenders, banks, and insurance companies. Due to this industry fact, most lenders or banks have several requirements that a borrower must meet. Moreover, if a borrower is unable to meet all the requirement set out by the lender or bank then there simply is no commercial mortgage in that borrower’s future. At first glance, this may should a little harsh, but as previously mentioned these particular mortgages have a direct impact on the future of the company, which means the borrower’s ability to meet their repayment terms often rest on these requirements.

At this point, you may be fearful of your lender’s requirements for commercial mortgages. But, you shouldn’t be. Your eligibility and your potential lender’s expectation do not have to be at odds if you know what you are up against.

Understanding Your Lender’s Expectations For Commercial Mortgages

Thus without further ado,  these are the standard requirement for most commercial lenders—clear documented property value that is equal to the value of the mortgage, a steady net property cash flow and a named guarantor of income and assets.  

A clear document property that is worth the mortgage is just another way to ensure that there is a loan-to-debt ratio that is acceptable. Typically, this means that a minimum of 75 percent for a non-residential loan.

 A steady net property cash flow is just the long way of saying that your business income needs to be more than your carried debt—at least 20 percent more to be specific.  Lastly, a guarantor of income and assets is a fancy title for, generally, the business owner. But, nevertheless, a guarantor of income and assets is someone who agrees to pay in the event of the business defaulting.  With a guarantor, it is important to note that most lenders will require the standard financial documentation (credit history, personal income, other assets, etc.) to verify that the person left potentially holding the bag can, in fact, pay.

Avoid the Pitfalls of Commercial Mortgages

Now that you know what is required of you for a non-residential mortgage make sure you avoid the pitfalls along the way. This means plan, plan and plan some more. As a future commercial property owner you should always have a clear vision for that property, you should make it a point to shop around before choosing a lender, you should clearly care about the interest rate but make sure it isn’t the only thing you care about and finally make sure there is a true financial future in the property you seek. Taking the time to do all of the above will ultimately save you from unnecessary hardship.

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
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Mortgage: The Real Deal On Commercial Lenders

If you need a commercial mortgage, we have many options to fit your budget and needs. Read on to learn more about commercial lending and how it can help you grow your business. 

The commercial real estate market is forever changing and if you do not take the time to keep up, you may be lost when it comes time to consider getting a commercial mortgage for your next endeavor. The truth is that more people than ever are creating new companies and running their own businesses. Moreover, many of these individuals have never had to borrow money for business—unless you’re counting student loans. But, all joking aside if this is your first-time “borrowing for business” you may be surprised at all the things you just didn’t know.

For starters, if you thought Fannie Mae or another governmental institution was going to be your new best friend think again. Though you can still count on these governmental mortgage institution for such commercial properties as multifamily housing,  if you are not in the business of property management  then you will more than likely not be dealing with old’ Fannie or Freddie. Thus, the majority of commercial mortgage loans are brought to you by banks, insurance companies and lenders. Here at Level 4 Funding, we have a specialized commercial mortgage team that can help with all of your commercial lending needs. 

So, now that you know just who you are dealing with, let’s talk about what happens next. Typically, before you reach out to a lender, bank or insurance company for financial assistance with your commercial venture, you should be clear on just how you are going to meet your future repayment terms and you should be clear on how much you actually need to borrow. These are important things to be clear on because your future commercial mortgage more than likely will be a nonrecourse loan i.e. the bank or lender can take the property in the event of a default (generally if you owe more than the value of the property at time of default, your other assets cannot be seized with a nonrecourse loan.).

Things to consider when Borrowing for Business

Besides knowing how you are going to meet your repayment terms and how much money you actually need to borrow, there are a few other important factors to consider once you’ve set your sight one a few commercial lenders or banks and they include:

1.      Reputation and convenience

2.      Interest rates and available programs

Clearly, you want a mortgage that will meet your needs and without causing you hardship later down the road.

            Refinancing Advice

Speaking of hardship later on, if you already have a mortgage but are interested in changing your business’s financial outlook, then you definitely should consider your possible commercial refinancing options. Remember you have several options that can help your business bottom line. For instance, you may have borrowed for business at a not-so-great interest rate; instead of kicking yourself while you are down why not take advantage of a lower rate or even switch to a fixed rate?  Either of these commercial refinancing options are great ways to reduce total loans cost.  Moreover, there are several other commercial refinancing options out there—all you have to do is ask your lender or broker for more details.

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
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Hard money Lenders: Lending a Helping Hand with Commercial Loans

Hard money loans lenders understand that even some of the most unlikely investment are still investments. You can even find commercial hard money lenders to fit all your needs! So, if you thought there was no way you could quickly find financing for a foreclosure or another unlikely investment property with your credit think again!

Dealing with commercial lenders is never a walk in the park. But, with the right tools and clear plan you can easily navigate them. For instance, if you are dealing with commercialhard money lenders, then you may already know that there are lenders that often deal exclusively in one property type i.e.  you will more than likely being dealing with niche lenders for hard money loans. Consequently, if you are actively looking for short-term commercial financing then it is clearly in the best interest of time to make sure that you are dealing with commercial hard money lenders in your particular market or property niche.

As previously suggested, hard money loans are ideal for such property types as foreclosures, land loan, construction loans, fix and flips, short sales, when you or your business need to move quickly and for when the potential buyer does not have the best credit or rather has certain credit issues. Moreover, lenders that typically offer these kinds of commercial loans are not banks. Thus, if you know ahead of time that you will not qualify for conventional financing, say yourself some time by not going through the lengthy process of applying for a bank loan.

So now that you know when to call on commercial hard money lenders and how to narrow down your potential list of lenders, let’s go over what to do if you are experiencing some difficulty actually finding a few good hard money lenders in your area and in your property niche.

 How to find your Hard Money Lenders

For starters, it almost goes without saying that doing your research is absolutely key to finding the right lender for you. But, nevertheless, you would be surprised how many quality hard money lenders you can find by doing a simple internet search. Moreover, if need more than a few online research hits to peak your interest most cities have real estate seminars and meetings that focus specifically on obtaining hard money financing. These kinds of regularly held seminars and meetings not only will provide you will direct exposure to local lenders that understand your needs, they will also provide you will valuable information on such things as regulations and hard money loan requirements. Lastly, you can mingle with real estate professionals who know the business inside in and out, which will allow you to expand your network and ask for hard money lender referrals.

Requirements and Regulations

Obviously, once you’ve found your commercial hard money lenders in your area that has reputable experience with your particular property niche it’s time to get down to business. Remember, most hard money lenders are concerned with the amount of equity you are bringing to the table and your overall plan for the property. So make sure that you actually have the necessary collateral, especially if you do not have stellar credit, and that you have a detailed plan in place of just how you intend to pay off your loan.

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
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.