Posted almost 5 years ago

How to Get a Rehab Loan Even With Rotten Credit

Trust Deed Investing Information | News and Information

Got a dream of rehabbing a home? Learn how to get a even when you've got sub-par credit.

In this country, a low credit score can seem like handcuffs, preventing you from doing even the most basic things in life. Renting an apartment can feel like an uphill battle. Starting a business can feel like a pipe dream. Buying a home can feel unrealistic and investing in real estate can feel next to impossible.

It doesn't have to be that way. Most people think that investing in real estate means going to a bank, sitting down with a representative, going through a long application process and having every detail of your financial life sifted through by a huge corporation.

Here's the good news — hard money offer a great alternative to bank loans for people who don't have a great credit score or a spotless financial history.

Hard Money Rehab Loan Terms, Qualifications and Rates

So if you can get a hard money loan without a good credit score, the terms must be terrible, right? Not so much. Our loans have terms of anywhere from 3 months to 60 months, allowing for a wide range of fix and flip projects. Interest rates start at just 5.99% and we have loans that can cover up to 90% of the cost of the property and up to 100% of the rehab costs involved in fixing and flipping.

What does that mean for you? It means that even if your bank account is low and your credit score isn't perfect, you can put a plan in place, roll up your sleeves and do the hard work it takes to make money in real estate. This country was built on the idea of giving hard-working people a chance to build something, regardless of their past or their current standing. Arizona Hard Money Loans allow that idea to flourish in a climate where big banks dominate the industry.

Getting a Rehab Loan in Arizona

Looking for a in the Copper State but don't have a stellar credit score? Finding a loan may be easier than you think. Here's the best part: speaking with us here at Level 4 Funding doesn't cost a thing. We have a fantastic track record of helping people get the funding they need to realize their dreams of rehabbing and flipping properties.

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
[email protected]
Dennis Dahlberg Broker/RI/CEO

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