Saturday, September 7, 2019

How You Can Make Money with Investment Property Loans

You need some extra cash, and you’ve been watching a little too much HGTV—how can you use this to your advantage? Scripted elements of the show, a dazzling camera crew, and a team of professionals know how to make a profit of the real estate market—but how can you? Read more below to find out how to make Arizona investment property loans work for you!

Investment property loans, or fix and flip loans, will be a great way to make a profit in real estate. What does this mean? Ultimately, you will be doing what the Property Brothers or Chip and Joanna Gaines do—obtain properties off the market with potential, flip them and sell them successfully for a profit. To do this, you’re going to need solid plans, a tight budget, and a reliable team you can trust for quality renovating. First though, you’ll need some extra cash. Who do you go to?

How to Make Money with Arizona Hard Money Loans

Traditionally, public lenders like banks or credit unions are who borrowers go to for all of their loan needs. However, public lenders have strict requirements and have high standards when it comes to your financial history. You need to prove yourself a reliable borrower in the numbers. If you are new to fixing and flipping properties, and your financial history is a little less desirable, you may not know where to go. Fortunately, there are other options: private hard money lenders. Private Arizona Hard Money Lenders are individual companies and investors who offer flexibility and individualization within their loan agreements. They can work with you to meet all your goals and loan needs if you prove yourself a reliable borrower. The important thing to know is that the cost of this is much higher than you will find from traditional loans on the market. The reason why Arizona Hard Money Loans cost more is because there are steep interest rates and, sometimes, extra fees that traditional lenders don’t have.

Moving Forward

If hard money is right for you, you want to choose a property that has potential. Something that is near to local businesses and restaurants will make it appealable to buyers of the housing market. Investing in an “improved property” greatly increases chances of marketability and profits. An improved property is one that already has important key features like water and power lines. If your property has these features, you will have one less thing to worry about and one more advantage to you. Location and amenities aren’t only going to be important to you and your potential buyer, but also your lender. Private lenders generally only invest in properties that are in their geographic area—so consider this before making any big decisions that could impact your ability to work with a private investor who offers hard money. As you move forward, be sure to take your time. There is no rush, and there is always the opportunity to seek out multiple private lenders until you meet the one that is right for you. Call Level 4 Funding today if you are seeking out Arizona Hard Money Loans in Arizona and want to learn about your options as a borrower with us, and the extremely personalized experiences we provide!

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About:  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 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
© 2019 Level 4 Funding LLC. All Rights Reserved.

Copyright | Privacy Policy | *Terms & Conditions

No comments:

Post a Comment