Setabay Private Money Lender

Saturday, April 25, 2020

What’s so great about non performing notes Arizona?

What’s so great about non performing notes?

If you are looking into venturing into the territory of trust deed investing Arizona because you know the benefits are things like great returns for the low risk that’s involved, always having an asset no matter what, and not needing to do much in order to gain your money back, then it might be time you also take a little look-see at what non performing notes Arizona can do for you and your portfolio.

For one, let us tell you that it is so easy to acquire non performing notes Arizona. These are practically given away by lenders. Non performing notes Arizona mean that even if the borrower does fully default on the loan, you are left with the asset of a great piece of property that you can sell or keep, depending on what you’d like to do. You might end up with some great real estate under your belt if you purchase these dirt cheap non performing notes Arizona.

Moreover, with non performing notes Arizona, the returns are sky high. People are greatly mistaken if they think they should overlook the amazing opportunity that non performing notes Arizona brings to the world of trust deed investing Arizona.

Additionally, trust deed investing Arizona is a great way to make money as we said above. Any investor would be so lucky to bring a trust deed investments Arizona into their portfolio and we greatly encourage it because who doesn’t like actually making money? Look into the advantages of trust deed investing Arizona today with your mortgage loan broker. You will be ecstatic that you did it. It very well could be the best thing you do for you and your wallet so go ahead and investigate and better yet, invest in trust deed investing Arizona today. You won’t regret it!

Is Trust Deed Investing Arizona As Great as People Say It Is?

Here’s why trust deed investing Arizona is so fantastic. First of all, you get some great returns. Who can say that about many of the investments that they do? It doesn’t happen very often. What’s more is that there is very little risk so the great return and the little risk makes this the kind of excellent investment you want to add to your portfolio.

High returns are great, but what else can we say about why trust deed investing Arizona is such a great deal? Well, for one, this is guaranteed returns. If you buy non performing notes Arizona for example, you are putting down almost no money to make back a high return or at the very least, get a new piece of property that you can sell or hold onto. You are always getting a little something when it comes to trust deed investing Arizona. Non need to worry about getting left in the dust.

What’s more is that there is little to no work. Working is aggravating when it comes to your portfolio. Isn’t it easier just to make money? It sure it. There’s very little work to be done with it comes to investing in trust deeds Arizona. How relaxing and nice to know that you’ll be making money without having to do much of anything!

Trust deed investing Arizona is a great way to make money for your portfolio. You can do it just like many others before you. It is worth it to you to really get in there and investigate how great trust deed investing Arizona can be for you in terms of the kind of money you’d like to make. Get in there and start really investing soon! Don’t wait to get involved as soon as possible with trust deed investing Arizona.

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.

Friday, April 24, 2020

What it Means to Invest In Trust Deeds?

It’s a new year and you might be wondering how on earth you want to spend it. Let us help you by introducing you to trust deed investing Arizona.

Trust Deed investing Arizona is a very specific kind of investment that offers a great number of benefits to its investors such as a great 1-2 punch of being low risk with high returns, something that might make the upcoming year a little shinier than the others. Compared to other types of investments, trust deed investing Arizona offers a low risk factor compared to stocks or being involved in deals with people you barely know. Moreover, trust deed investments Arizona has a low cost compared to rental properties and unlike most investments, investing in trust deeds Arizona allows you to pick which investment you are interested in, which is how the low risk comes into play.

Simply use the trust deed investment Arizona as a security blanket when it comes to snagging a Promissory Note on a piece of property that you have your eye on. Choose the right trust deed investment Arizona for you, don’t let somebody tell you what you want.

Investing in Trust Deeds Arizona means you are fee-less as well. There isn’t a single fee for receiving, reviewing, or even investing in trust deeds Arizona. Nope. The only person who pays a fee is the borrower, and as the investor, that isn’t you.

We can help you make the right investment for you, so do not be intimidated by private money lending when trust deed investing Arizona could be a perfect investment for you and your wants and needs for the upcoming new year.

Use trust deed investing Arizona to your advantage. Make the investment you want and make the money you want with this low-risk high return investment opportunity.

Looking for trust deed investment Arizona?

If you are looking for a trust deed investment Arizona opportunity, look no further. Let us tell you about this high-return and low, low risk investing that can turn your new year into a happy new year in just a quick minute.

If you have chosen a property and you have decided you want to take a more active role when it comes to your investing, then trust deed investing Arizona is definitely the right place for you to begin looking. Let us take you on a journey to making a great decision when it comes to your money and investing wants and needs.

With zero fees for investors –the borrowers pay all the fees- trust deed investing Arizona is one of the best ways to get some big returns while taking a very low risk in the interim. You can be active when it comes to taking control of your investments and great money can come to you. Use the trust deed investment Arizona to secure a promissory note and bet some assets. Your trust deed investing Arizona works in your favor, as you get the security and safety of tangible assets and collateral.

Trust deed investing Arizona means that you get to play banker. You supply the funds for the loan and you get the promissory note in your name, as well as the deed of trust, and thus the name trust deed investing San Diego.

After looking into the property, the borrower, and the exit strategy, you get to choose your qualified borrower; preferably one with a documented income to insure the smoothest deal possible.

Trust deed investing San Diego could be the right kind of investment for you if you are looking for something low risk that offers some great money. Look into becoming a borrower today and take advantage of the opportunity of a lifetime.

Clinching that Trust Deed Investment Arizona To Make Money

Looking for a new way to make this a happy new year? May we recommend investing in trust deeds Arizona? Trust deed investments Arizona is a great way to take a very low risk and create a very high return.

Unlike stocks and bonds or even investing in property, investing in trust deed Arizona means that you have a much better opportunity to begin making money with rates of one to three percent and absolutely no fee for becoming an investor. If you are interested in solid monthly returns then it is really time to start thinking about trust deed investing San Diego.

With a trust deed investment Arizona, you don’t have to worry about the same sort of things you worry about with high risk investments like whether or not you will be paid because your trust deed investment Arizona is arranged in a large part by you, so you get to choose the property, you get to choose the borrower, and you get to make the money with the safety net of having tangible assets and collateral.

Securing a promissory note to a piece of real property in your name is a cinch and even easier is the money you make in returns. Your funds act as the bank for the loan and your trust deed investment Arizona will put money in your bank.

With no service fees for you, you get to choose the trust deed investment Arizona that speaks to you the most. Private money is a great way to start into the new year right and begin to take a more active role in the kind of investing that you actually want to do.

Forget the stocks and the bonds and complicated bank loans, make a trust deed investments Arizona and begin to take a bigger role in your greatest investment yet.

With Zero Service Fees, Trust Deed Investing Arizona Is Right For You

Are you looking for a solid combination of low-risk and high return? We have an opportunity for you. Please begin to consider taking a whack at Trust Deed Investments Arizona. With a trust deed investment Arizona you get to decide the kind of deal you want to make and you get to decide who you do it with, meaning that you have more control of your destiny.

Snagging a promissory note in your name is easy when you get yourself into trust deed investing Arizona. The risk is low and you get better money than if you were in stocks and bonds or simply investing in a property.

Taking a more active role in your trust deed investing Arizona means that you have better control over the tangible assets you will be investing in. With zero service fees and that high return rate, you’re looking at catching something great in your net.

Finding a qualified buyer and choosing great real estate is just half the story, Making the money is the happy ending. Take advantage of all the benefits that trust deed investing Arizona has to offer.

Deed of Trust Investing Arizona can, if managed correctly, provide a great opportunity for money making. Unlike other investment opportunities, deed of trust investing Arizona allows for the investor to have more control of their investing, which means lower risk. You have the safety of tangible assets and collateral because your name will be on the promissory note that belongs to the piece of property. Your trust deed investment Arizona acts almost like a bank supplying the funds for your investment, and moreover it should be noted that the deed of trust is in your name as well.

Consider trust deed investing San Diego in the future and invest in the building of your dreams and make the money you always wanted.

What kind of benefits does trust deed investing Arizona offer?

Benefits does trust deed investing Arizona offer?

If you are looking for an investment where you come out on top, then look no further than trust deed investing Arizona. With trust deed investing Arizona you are guaranteed a return on your investment, which is so much more than many other investments can say that aren’t deed of trust investing . Let’s look into the kinds of benefits you can look forward to with your deed of trust investing Arizona.

For one, as stated above, you do get your return back and then some so there is a little risk and a high return. Always a great thing to remember. Moreover, you are guaranteed a yield, which is something unexpected from an investment of any kind. Another great thing about trust deed investing Arizona is that this loan is secure. How do we know this about the trust deed investment Arizona? It’s because no matter what, there is an asset that you will get back whether it’s money or whether it’s the property you are investing in. Your safety is guaranteed.

Additionally, as we said, if there is a default from the borrower, you maintain all the usual and customary insurance policies. While the borrower will do all that they can to make sure the loan doesn’t default, these things do happen sometimes, so isn’t it nice to know that you are covered? That’s why trust deed investing can be so wonderful.

Moreover, trust deed investing San Diego is great for your portfolio, but it is also such a fantastic option for investors who wish to make returns, but are not interested in being active about seeking properties. Instead, you can hire companies to do this for you. You barely have to lift a finger if you want. Dive into trust deed investing Arizona today! It could be a wonderful thing!

Should I Invest in Trust Deed Investments Arizona?

There are some truly great things about trust deed investing Arizona that should be explored by those looking to expand their portfolios in a way that yields returns and can limit the amount of risk a person actually needs to take. Let’s look into the world of trust deed investing Arizona a little closer.

For one, with a trust deed investment Arizona there is such a low risk involved. You are guaranteed a yield, which is much more than you can say about a lot of investments you can make outside of trust deed investing Arizona. Moreover, the balance of yield versus security will have you thankful for finding such an investment, because the low risk means you have low blood pressure.

If you are interested in trust deed investing Arizona with low risk, then you should also consider looking into non performing notes Arizona. This sounds confusing, but these are actually going to make your trust deed investments Arizona that much better. With non performing notes Arizona you are able to buy a note for almost nothing and yield a terrific return on your investment. This is something that everyone likes to hear and something that you can do with non performing notes Arizona and your trust deed investment Arizona.

If the borrower does happen to default, don’t worry. You always get the power to property when it comes to a trust deed investment Arizona. That’s why there is little to no risk. No matter what happens -if the borrower defaults or if you get your money back- you have an asset to gain. There’s never anything to worry about when it comes to not getting your return when it comes to your trust deed investments san Diego.

If you are looking to invest, it is recommended that you really look trust deed investing San Diego because it could very well be the greatest kind of investment you ever did make for you, your wallet, and your portfolio.

Thursday, April 23, 2020

Your Trust Deed Investing Arizona Process and What You Need to Know

Deed of trust investing Arizona is a financial venture that can scare people because it really does sound like a big deal, but in reality, it might just be the best thing you ever did for your portfolio! Let us assure you that we think deed of trust investing Arizona really is for you.

If you are thinking about trust deed investing Arizona then you have come to the right blog, we are happy to say. Your portfolio can be as diversified as you want it to be, but that doesn’t stop it from being a huge risk.

Stocks and bonds can be a scary way to invest your money because you never really know how the stock market will shake that day. Some days it can be good and some days it can be bad. Do you know when to sell? Do you hold on too long? Are the people in your rental properties driving you batty? That’s why trust deed investing Arizona might be perfect for you.

You can purchase non performing notes Arizona at a steep discount and ensure that you can choose to either rework your note or you can collect your assets. That’s the great thing about trust deed investing Arizona; you always have something to go home with be it money or new property.

As you can see, trust deed investing Arizona really is a great way to step up your game when you need to financially. All it takes is doing some research to make sure you have all your ducks in a row and finding a fantastic mortgage loan broker to help you have the best experience possible with you trust deed investing Arizona.

The Tips and Tricks of Trust Deed Investing Arizona

On this financial journey, you need to really do your homework because trust deed investing Arizona is one of the best things you can do for your financial portfolio, but it is tricky in nature and they can confuse people. We don’t want to confuse you! We want you to have the best possible experience when it comes to trust deed investing Arizona.

Have you started doing research for your deed of trust investing Arizona? We assume so because you are here. The patience and research required for trust deed investing is a lot, but we know it is worth it.

Moreover, the kind of deed of trust investing Arizona you want to do is the next thing you need to figure out. There are different kinds of notes you can buy when it comes to investing in trust deeds Arizona and we like to think the best ones are the higher priced performing notes or even the sub-performing notes, but instead the non performing notes Arizona because these look great in your portfolio but they are sold a great discount. That’s good news for you and for your account.

When you purchase non performing notes Arizona, you also get to decide if you want to hang on to the asset you just purchased or if you want to rework the note with the borrower. It’s all up to you and whatever processes you might want to take.

So now you can get on down to business! If you’re at this site, then this is a great beginning! It’s time to really think about the kind of deed of trust investing Arizona that you want to make. Whatever you choose, your portfolio will thank you. Get started with your deed of trust investing Arizona today and forget the stocks and bonds of yesterday.

Deed of Trust Investing Arizona is Great for Your Portfolio

Deed of trust investing Arizona is a great way to really up and diversify your portfolio.

While of course there are many ways to diversify your portfolio, such as with stocks and bonds or managing rental properties, trust deed investing Arizona offers something that these kinds of investments just don’t; a low-risk factor with some high returns. Trust deed investing Arizona is perfect for when you want to diversify your portfolio, but you don’t want to invest in something you may not ever see a return on.

The world of trust deed investing Arizona might be over whelming to someone who hasn’t engaged in the world before, but it’s relatively easy to figure it out and make the most of your money.

For example, there are a few different notes you can purchase; performing notes and sub-performing notes, but perhaps the best kind of notes you can get right now are non performing notes Arizona because with those, you really get the most for your money.

Get excited about a great discount on a note that allows you to rework or simply collect your assets since the promissory note and the deed will be in your name. Remember when you are working with trust deed investing Arizona that the deed and the notes will always be in your name. That shouldn’t even be a question. This is why we say that trust deed investing Arizona is such a low-risk with a high return; because one way or another, you do well!

Get in touch with a mortgage loan broker and make your way into the world of trust deed investing Arizona today. It may just be the best thing you do for you, your bank account, and your portfolio today.

You might be wondering what exactly a Trust Deed Investment Arizona is

A Trust Deed Investment Arizona is really another phrase for security when it comes to securing a Promissory Note. Investing in trust deeds makes you the bank; you supply the funds for the loan and the promissory note as well as the Deed of Trust Arizona are in your name personally.

Trust Deed Investing Arizona has many advantages that you can get from an experience like this. First and foremost, Investing in Trust Deeds Arizona means that you get an in-depth and up-close look at the way you are investing and that means that you and only you control the level of risk you are willing to take as well as the reward that you want. That means that you get to invest in things that mean something to you, and you get to be more active when it comes to your investing in trust deeds Arizona. That means that you get safety and security of all your assets and your collateral; it means that you make the trust deed investment Arizona that is right for you.

Deed of trust investing is fee-less for you as fees are received from the borrower, not from the investor, so there’s no trouble there.

If you are looking for a good way to make some money and make a difference to a project you feel close to, then deed of trust investing Arizona is definitely something you should begin to look into.

Don’t hesitate to make the move into trust deed investing Arizona. When Investing in trust deeds Arizona is done correctly, the trust deed investment Arizona creates a great low risk investment that can deliver a regular return to you. And that’s good news for any one at any time. Consider making your trust deed investment Arizona today.

Where to Begin with Trust Deed Investing

Congratulations! If you are here it means that you are looking seriously into trust deed investing Arizona and you’re ready to get it started. That’s great news.

You might be a little worried about this trust deed investing Arizona endeavor, but don’t be. Even though trust deed investing Arizona can seem confusing at first, it really is simple as long as you do your homework.

As you know by now, trust deed investing Arizona is a great way to really perk up your portfolio. Everyone likes a diverse portfolio and one of the best ways to do that is to get into the business of trust deed investing Arizona.

Non performing notes Arizona can be purchased at a steep, steep discount and that means that your portfolio gets the diversity you want and the diversity it needs without having to strain your budget. All you need to do is decide if you want to rework the note to keep on the borrower or if you want to collect your asset. Either way, the notes and the deeds are in your name, so you get to make the choice. Easy, right?

There are other kinds of notes available as well such as performing notes and sub-performing notes, but non performing notes Arizona are the cheapest you can get and we love a deal.

There might be a ton of information about deed of trust investing Arizona out there, but don’t let this overwhelm you. You can take it slow and figure it out from there. Plus, you will have a mortgage loan broker who is willing to help you every step of the way.

Don’t let this opportunity fall through the cracks of your portfolio. It’s time you look into deed of trust investing Arizona today.

About Investing in Trust Deeds Arizona

If you are beginning a financial journey by investing in trust deeds Arizona, it is important to really understand the process of what you’re getting into. Always do as much research as possible to ensure that you have everything you need to get the best trust deed investing Arizona experience. We know this is definitely a process and research can be tedious, but we also know that it is completely worth it for you and your portfolio!

Time to start researching your trust deed investing Arizona process. You really should have a good idea of what’s going on to make sure that you have the smoothest experience possible. For example, do you understand the term, “promissory note?” and do you know how you should obtain one? Time to get cracking!

The best kind of note you can get for your money is most definitely the non performing notes Arizona. These are notes that may no longer be making money, but they are cheap and you get to decide if you want to rework the note or if you want to collect the asset since it will be in your name as the deeds and the notes are always in your name.

You also have to remember that you will have a mortgage loan broker to help you along, these are still definitely the kind of things you should know, too, so that your trust deed investing Arizona goes smoothly and as quickly as possible. While you do have a mortgage loan broker to help you with trust deed investing Arizona, you should be able to help things along by working as a partner with them, instead of letting them lead you.

In turn, make sure you keep your papers and documents in order for your mortgage loan broker as they help you with your trust deed investing Arizona.

Venture into Trust Deed Investing Arizona the Smart Way

So you have decided to begin figuring out how to get deed of trust investing Arizona. There is a lot to take in and it might confuse you, so let us help you through the beginning steps. It really isn’t as scary as it might look, but it is important that you read through the following.

One thing to know is that your mortgage loan broker is absolutely going to be your best friend during this entire trust deed investing Arizona process. You are going to want to make sure that the mortgage loan broker you are using is trustworthy, experienced, and ready to review your information to get you the best deed of trust investing Arizona deal possible. In turn, have all your property papers ready. It’s extremely important to have all your property papers that you need to they can be presented when needed. Plus, the property evaluations are needed to secure your trust deed investing Arizona.

We get that this trust deed investing Arizona process is tricky, but we also know that it is really worth it. The more you are able to grasp in the trust deed investing Arizona world, the easier it will be to get your investment done efficiently. We believe that being able to fully understand how the trust deed investing Arizona process works will greatly help you procure the best investment for you. Keep these things in mind as you begin your trust deed investing Arizona with your mortgage loan broker.

Make sure to ask your mortgage loan broker about the opportunity to purchase some non performing notes Arizona which are always cheaper than performing or sub performing notes but they offer the same benefits. You get to decide if you would like to rework the notes or simply collect the asset since your name is the on the deed and the notes.

Your Intro to Trust Deed Investing Arizona

If you are ready to begin talking to a mortgage loan broker about trust deed investing Arizona, then it is time to read this article. You can’t let the idea of investing in trust deeds Arizona overwhelm you because this is something that is going to be terrific for you in the long run. But, if you are nervous, we have some great tips for helping you manage your trust deed investing Arizona along with your mortgage loan broker. Let us help you!

Investing in trust deeds Arizona is a great way to really make a diverse portfolio something everyone is jealous of. There are tons of ways to get a diverse portfolio, but investing in trust deeds Arizona ensures that you are getting what you pay for. Sure you can invest in stocks, but you never know how those will turn out and dealing with renters in a rental property can make you want to pull your hair out.

Getting your name on a note and a deed and knowing you have some tangible assets is probably the best way to invest because you know with a trust deed investment Arizona that you have something to hold on to even if payments to you aren’t being made. It’s low risk and high reward and we like the sound of that. The decision is up to you and there’s no wrong answer. It’s all just about what you want to do with your money and your time.

Keeping these facts in mind, as well as your documents in order, is definitely going to help you get the best trust deed investing Arizona experience possible. Do yourself a favor and get yourself some trust deed investments Arizona in your portfolio this year.

Are you interested in Trust Deeds Investing?

Are you interested in Investing in Trust Deeds?

You may have heard people recently talking about trust deed investing Arizona and wondered what that was. In short, Real Estate Trust Deed Investing is a serious kind of investment for a person who is interested in making money. Investing in trust deeds Arizona isn’t a light business. It’s only for people who are determined to increase their income. Don’t get left behind in the dust. Trust deed investing Arizona could absolutely be the right kind of investment for you. Be sure not to overlook this fantastic opportunity. It could be the right one for you.

Often times, one of the things overlooked by someone who is doing some trust deed investing Arizona is making sure they have a great mortgage loan broker. You should know up front that having a mortgage loan broker who can work in tandem with you is very important and helps to ensure that your Real Estate Trust Deed Investing goes the way you want it to go. Making sure you really do your research. Nothing is worse than losing faith in your mortgage loan broker in the middle of investing in trust deeds Arizona.

Remember, too, the kind of trust deed investments Arizona that you can make. For example, non performing notes Arizona are a great investment to make because these notes are sold at a discount, meaning that you can make money while still spending very little of it. Moreover, the returns on non performing notes Arizona are very high and enough to make anyone happy.

Keep in mind that investing in trust deeds Arizona can be one of the best things you ever do for yourself and your portfolio. Investing in trust deeds Arizona often results in a great payoff and fantastic benefits. Spread around your interests and get interested in investing in trust deeds Arizona.

Is trust Deed Investing Right for me?

Trust Deed Investing Arizona can be right for anyone looking for a great investment opportunity. The greatest thing about trust deed investing Arizona is that the process is safe. Trust deed investing Arizona is a fantastic way to actually yield money and has some wonderful benefits, such as the safety of the trust deed investment Arizona.

Investing in trust deeds Arizona means you have some things to look forward to such as great returns per the risk, fully secured loans that are backed by actual assets, and other kinds of advantages you’ll get to see when you finally make the move into trust deed investing Arizona. However, don’t forget to do your homework. Jumping into a trust deed investment Arizona can be scary, and you’ll feel better if you understand what’s going on.

The reason why Real Estate Trust Deed Investing is so popular is that trust deed investing Arizona does happen to offer a really great balance of yield versus security that you just don’t normally see. This is so because the loan amounts and their interest are actually dependent upon the value of the property, which makes a world of difference and can make the investor feel a lot better. In the event that there is a default –though we all hope there won’t be- the investor gets possession of the property and can actually sell the property in order to still get their money back. You absolutely cannot lose with trust deed investing Arizona.

Trust deed investment Arizona can be a scary thing to think about, but it could actually be the best thing that you get to do for your investment portfolio. Don’t hesitate to become a Real Estate Trust Deed Investing believer today. It will make you very happy in the future. Get going on your trust deed investment Arizona today!

Wednesday, April 15, 2020

How to Spot the Differences in Arizona Construction Loan Options Today

There are many Arizona Construction Loan options on the market today. Knowing key differences makes it easier to get approved and find the right financing for your needs.

Sometimes called a construction-to-perm or a C-to-P, an Arizona Construction Loan gives a borrower the financing her or she needs for an extensive project. More often than not, it references building a structure from scratch, but it can also relate to performing extensive renovations on an existing property. Although C-to-Ps can be leveraged by homeowners who are tackling their own projects, they’re mostly leveraged by builders and developers who need a cash injection to get a project started and then plan to pay off what they’ve borrowed when a buyer takes interest in the property and then secures his or her own financing.

Banks often shy away from financing these types of projects because they can’t turn around and sell the property quickly if the borrower doesn’t make good on payments, and they aren’t in the business of holding. That means many people who need funding will have to look outside banks to get it, and each lender will have its own criteria as well as different packages available,

That said, these financial products vary in structure and the monthly payments will vary greatly from one to the next as well. It’s also important to note that, even when financing is used for rehab or renovation purposes, it works differently than financing specifically created for those purposes. Let’s take a look.

Consider the Structure Options Before You Apply

Most investors going for an Arizona Construction Loan will be looking for a short-term option with two closings. This involves drawing funds as needed, with the principal balance increasing over the months financing is active. The borrower typically pays interest-only payments for the duration. A second loan process and closing occurs when construction is complete, providing long-term financing for the property. The second closing is usually handled buy a buyer, but it can also be handled by a builder or investor who wants to hold the property. As an alternative to this, a single-close option is sometimes available. However, it typically only applies when the individual securing the financing plans to hold the property for an extended period of time. In these cases, cash can still be pulled as needed during the build and interest-only payments are made. However, once construction is complete, the loan is automatically modified to fully amortized payments.

A renovation or rehab loan might also be right for you.

An Arizona Construction Loan is often ideal even if a project isn’t starting from scratch, simply because there aren’t typically rules about how much of the funds need to go directly to improvement. There may also be differences in where the funds are held—an interest-bearing account versus drawing from the loan—and in when mortgage insurance is necessary. If you’re not sure which one is best for your circumstances, connect with a broker who specializes in both and can help you find the best structure and financing for your needs.