All Forum Posts by: Dennis Dahlberg

Had same problem,, water was not paid for a year.  Had the bill paid...but guess who paid the bill?   

Hit...you can see the person in the mirror in the morning...

Add her as a member to the LLC...In Arizona its very easy to do ...I'm assuming that in TX it is even easier...

The key part is that you have  a operating agreement.. 

This agreement will tell others who is in charge and can sign for any documents.

When you close on any property the title company will want to see a copy of the agreement.

If I only knew what an IO loan was....................Input Output?

You need to look at the costs of refinancing. Some closing costs are going to be high. But if you can a zero-cost loan on a Refinance this is probably you best option.

Depending on the state you are in a HELOC is a full recourse loan which means that if you fail and lose your home, they can go after you for any losses.

Another good source of funds is to have the world’s largest remodel cover the cost for you. What is the world’s largest? Its Home Depot, and they would be willing to give you a credit card with a big line of credit. On my first flip, I got 4 cards with a total of 20K in credit. Also, Credit Karma will give you a list of credit cards you can get and do cash draws.

So, what I'm say is this; if you fail, and acquire a lot of debt, and if you use your home as collateral then you can lose your home.

Get it?  Do use your house as a piggy bank.  32k is not a lot of money you can get this on credit cards.....

Going to have to look at the partnership agreement (hopefully you have one).  Recommend that you hire an attorney and sue you partner....

Check to see if was ever listed in MLS and call the prior agent....

Talk to the neighbors...they will know..

Unlike receiving a loan through a traditional bank, obtaining your loan through Arizona hard money lenders allows you to develop personal relationships and network for further business opportunities. Learn how to find the perfect lenders for your needs and how to establish personal bonds that may help grow your financial future.

If you are looking to obtain a loan quickly so that you can get a jump on an upcoming business venture, hard money may be the perfect solution for you and your company. Now that you have deciding to pursue a hard money loan, it is crucial that you find the perfect private lender for the needs of you and your company. These five strategies can be used to find an ideal hard money lender to help you achieve your business goals:

1. Consider the interest rates or points. A hard money lender is taking more of a risk than any bank would by granting you a loan opportunity. This means that Arizona hard money lenders often must charge a higher interest rate on their loan. Compare the rates of various lenders and secure a loan that has rates that accommodate the limitations of your budget.

1. Determine the value of your loan. Due to increase interest rates, consider the actual value of the loan. Consider of the interest rate still makes the hard money loan a worthwhile business opportunity. This will most likely vary from lender to lender.

1. Find a lender you feel comfortable with. Dealing with private lenders is much different than operating with a bank. Due to the unique nature of hard money loans, it is important to choose a lender you feel comfortable communicating with. Remember that this is a professional relationship.

1. Check the past history of your lender. Choose a lender that is reputable and trustworthy throughout the community to avoid any challenges with your potential lender.

1. Contact lenders near you or attend opportunities to network. Do everything you can to get the name of your business out there and always carry yourself with a professional rapport. You never know when a lending opportunity may arise and it is important to look for these opportunities even in unlikely places.

Secure Your Financial Future By Developing Strong Relationships With Private Investors

A hard money loan can open many doors for you and your business. When you are hoping to quickly obtain a loan, hard money is often an ideal solution. It is important to develop positive relationships with lenders so that you can potentially be led to more investment opportunities in the future.

Networking skills and getting the name of your business out to a variety of different investors will allow you to connect with more private lenders that may want to invest in your business or company.

Since you never know when a lending opportunity may arise, it is important to carry yourself with professionalism. Network and don’t be afraid to reach out to various members of the business community in your respective area to find the perfect lending opportunities near you.

Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Dennis Dahlberg Broker/RI/CE

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

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

If you are looking for a loan solution quickly and efficiently for your business, Arizona hard money loans may be the perfect option for you and your company. Have the freedom to achieve your business goals and grow your business with a unique loan opportunity.

What exactly are Arizona hard money loans and how can they help your business or company thrive? A hard money loan is also sometimes referred to as a private money loan. In simple terms, a hard money loan is a short-term loan solution that is obtained through real estate ventures. These types of loans are funded through private investors which makes them unique from other loans. With hard money, you don’t have to worry about the tedious process of applying for a loan through a bank environment. If you are trying to obtain money quickly for your business or do not have the best credit score, hard money can be the perfect solution for you and your business!

Since these types of loans are short-term, you can have the spare funds you need to quickly achieve your business goals and then pay off the loan quickly. Typically, Arizona hard money loans occur over a one year period, but in certain case can be extended to longer terms if necessary.

Arizona hard money loans can be used for a variety of different situations and to help business owners get out of a financial bind. Situations that would be perfect for this type of loans would be:

• Flipping real estate properties
• Land or property investing
• For buyers that do not have a good credit score or credit history
• Real estate investors looking to avoid the long application process of a commercial loan
• Loans for construction projects

These types of investments can grow your business or company by giving you greater financial opportunities and allowing you to act quickly on your projects. When you can’t wait for a commercial loan or struggle with a poor credit report, hard money is the perfect solution for you and your company.

What Types of Businesses Typically Use Hard Money?

There are a variety of different companies and business that can benefit through the acquisition of hard money. When you are hoping to secure funds quickly and obtain a loan in a more convenient way, hard money is a great option. Rather than go through the bank route, hard money gives businesses the opportunity to build personal relationships with private lenders. These types of loan can even allow for networking opportunities that open doors to more business ventures or projects.

If you are low on funds or need an added boost to jump on an investment opportunity, hard money can give you and your business the key to your success.

Banks and Arizona hard money lenders are not always the perfect solution for a business. It is important to always consider lending opportunities diligently and carefully. However, if your business or company is quickly looking to obtain funds, hard money can be the best choice to quickly receive funds.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
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 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Ok..10K in repairs 2 months...this is way way way too long.......get it done in a week.....remember this is a rental unit..not your primary personal resident.   go with the basics....also, im sure that 53rd Bank is going to have more costs in the loan. like escrow fees, title reports, appraisal fees, doc fees, fedex fees.  KMA fees.....

Verify their source of income....look at how the treat their car...and....cross your fingers..or look for another tenant...remember..people rent for a reason...