Simple Steps to Hard Money Lending

Trying to find funding for a hard money loanan seem a bit unnerving. Potential borrowers typically have many questions about the loan process, such as: where do I find a dependable lender and what does the loan process involve?

Potential borrowers can relax. The hard money loanis pretty simple and straightforward when compared to obtaining funding from a conventional lender. The first thing potential borrowers are to find a few hard money lenders that work in the borrower’s area. There are a few ways to find lenders. Networking at local real estate investor meetings is a great way to find lenders looking for business. If you know anyone in real estate, be sure to let them know you are interested in finding a lender. A referral from someone you trust in real estate is a good way to find a reliable lender. Searching the internet for a local lender in the area of the property is always a simple solution. However, be sure to interview the lender. Ask questions such as: How much experience do you have? Do you have references from previous borrowers? Are you a direct lender or a broker? Do you enforce prepayment penalties? How long does it take, after approval, to be funded? What type of license do you hold? Who is your regulator? These are all questions that will either assure you this is a legit lender or will have you running for the hills.

After a few conversations and quotes of some hard money lenders, you should have an idea of which lender they want to use. You want to have the focus be on the terms and conditions of the loan, but you also want to make sure you feel comfortable with your lender. Unlike banks, this is a personal relationship. Lenders are generally flexible and will work with you when issues arise. It is a person you are dealing with, not a corporation.

The Loan Process

The first step in the loan process will be filling out the loan application. These are very general questions and only take about 20 minutes to complete. They typically require information about the subject property, borrower’s employment, income and assets, and any liabilities. All lenders are different; some require more documentation than others. Requested documents can include tax returns, proof of down payment, bank statements, any prior real estate projects.

After the borrower receives approval, the lender prepares the loan disclosures. The first disclosure form is usually an E-sign consent; this allows the lender permission to electronically send documents. After the E-sign consent is signed, the lender will begin sending documents such as the privacy policy, mortgage loan disclosure statement, fair lending notice, equal credit opportunity act notice, and hazard insurance disclosure. The deed of trust will have to be notarized; therefore, it will not be sent electronically.

Once all required documents are signed and have been received by the lender, the borrower will send their down payment to escrow. After escrow has confirmed they received everything needed, the hard money lender can disperse funds to escrow and fund the loan. Depending on the type of loan and the geographic area, the borrower will typically receive the funds within two weeks.

From start to finish, the hard money loan process is quick and painless.

This simplicity is the main reason real estate investors take advantage of hard money loans for their financing needs.

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
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.

How Investing in Deeds of Trust Passes the 4 P’s Pitfall Test

The four Ps of successful investing has been getting a lot of press lately. Investing in Deeds of Trustproves to be a solid strategy across them all.

If you haven’t looked into Investing in Deeds of Trustbefore, you’re in for a wonderful awakening. With this form of lending, a developer working on a real estate project borrows funds from someone, and that investor (you), are listed on the deed of trust as the lender. The investor receives interest payments from the borrower throughout the term of the loan and when the term ends, the bower pays off his balance in full. Most of these are short-term projects, like fix-and-flips, so the principal balance is only tied up for a matter of months and the investor is free to reinvest the money immediately after the balance is paid. The returns are varying from 9-29%, with an average of about 12%. Considering that CDs start out around 2% and the average stock return is somewhere between 5-7% right now, it can be the smartest way to increase your wealth.

In terms of investment portfolios, the four Ps include price, performance, poor diversification, and paying attention. Price relates specifically to the cost you pay to invest. Whereas there are all sorts of middlemen and fees involved with other forms of investments, all payments from the borrower are typically made straight to you.

There’s nobody scraping money off the top of your monthly returns. Performance, on the other hand, relates to what you’re earning, and takes into consideration whether there are other vehicles that might get you better returns. Frankly, 12% is hard to beat.

The final two Ps, poor diversification and paying attention, are up to you. It probably doesn’t need to be said, but any investment strategy should involve diversification, no matter how secure it seems. You’ll also ultimately be responsible for monitoring your investment and making sure things stay on the up-and-up, but if you’re working with an experienced broker, he or she can walk you through how to address any issues that come up.

Avoid Pitfalls by Being in First Position on the Deed of Trust

When people have a bad experience with Investing in Deeds of Trust, it’s usually because they didn’t get listed first. Maybe they accepted second position or contributed to a pool of funds. In these cases, it’s harder to swift take action if a borrower defaults as all investors must be in agreement on how to move forward. As first position, you exclusively make that call, and when the contract is structured well, you still come out on top.

Know how to evaluate a good deal or work with a pro who can lend a helping hand.

There’s risk with any strategy and Investing in Deeds of Trustis no different, four Ps or not. Especially as you’re just getting into it, it’s essential to ensure that your contracts are structured right and that you’re being matched with solid deals, so you’re protected and earn more for your help. This is where brokers come in.

However, many investors choose to continue working with the same broker continuously for years because a great one will keep finding new investment opportunities for you to tap into, allowing you to grow your wealth at a steady pace.

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
Dennis Dahlberg Broker/RI/CEO

Need an Arizona Construction Loan to Build Your Dreams?

An ‘Arizona Construction Loan’ isdesigned just for development. Read on and let’s find out if they are what you need.

An Arizona Construction Loan, commonly called a ‘self build’ loan, is actually two different loans; the first part will cover your project’s upfront costs. You will pay interest-only payments while your apartment building, string of houses, office complex, etc. is being built. Following this period, the principle will have come due set up in monthly payments on what is termed a permanent loan. The quicker you can finish the construction itself; the less interest has to be paid i.e. the cost of your loan will be smaller.

And speaking of interest, these loans’ rates of interest can go up and down like the temperature, depending on the market interest rates. Normally the amount is the Prime rate with one or two percent tacked on.

A private lender, while unlike traditional lenders in a number of ways, is still going to want to see your books and plan of operation. Once you have chosen your lender, have everything you need in order to avoid delays, get the end result you desire (the money you need) and prove you’re a professional who isn’t wasting the lender’s valuable time.

You will need to account for the following things in order to present the entire cost picture:
1. hard costs: materials and labor needed.
2. land costs: purchasing land and property, occasionally termed ‘soft costs’.
3. soft costs: architect’s designs, taxes, insurance, appraisal(s), permits, etc.
4. contingency fund: reserve funding that is used for interest payments
Generally for an Arizona Construction Loan, private or hard sources of funding are easier to obtain than traditional or government sources. Why is this true?

Banks and other conventional lenders will run your employment history, credit record and how much you already owe (debt-to-income ratio) through a fine screen and check every detail. A past foreclosure, late payments on a loan, even self employment with a good record–all these can stop a conventional application from going through. The time element figures in also since banks and other similar lenders can take 30 days or more to fund your loan once application is made.

Hard money looks at collateral value and your ability to repay a loan more so than traditional lending institutions. This secures the lender’s money since if you cannot repay, the collateral can be sold to cover their losses. Other securities for the lender are a down payment, which is often required, and higher rates of interest.

Often these lenders do case-by-case evaluations and determine the loan amount based on each individual application.

Time is of the essence in the majority of cases and most private lenders make decisions in a very short time.

Sometimes approval and funding can be completed in as short a time as two days, with no credit check or tax information required.

If you think an Arizona Construction Loan is for you, start building your portfolio first, then find a lender who can aid you in creating something more substantial than paper and pictures.

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
Dennis Dahlberg Broker/RI/CEO

27 January, 2020 19:25

[titleWhat Does Trust Deed Investment Mean?]

Investors have many options when it comes to where they put their money. Gold, the stock market and mutual funds are popular investments. We all know about these types of investments because they are everywhere. However, you may have not heard of trust deed investing.

Although Trust Deed Investinghas been around for hundreds of years, it’s not one that is advertised. Trust Deed Investingis investing in loans that are secured by real estate. A loan made with a trust deed investment is similar to a home mortgage loan. The main difference between these two loans is that there are three parties involved in a trust deed: the trustee, the lender, and the borrower. The trustee is the holder of the deed while the loan is being paid. The lender is obviously the one financing the loan. And, of course the borrower is the one who owns the property being put up for collateral and borrowing the funds.

There is also a promissory note that clarifies all the terms and conditions of the loan. In case the borrower defaults on the loan, the trustee is the one that would begin the process of foreclosure. The difference in a conventional mortgage and a trust deed loan is in a mortgage, the lender has to go to court to begin the foreclosure on the property being held as collateral.

Trust Deed Investingis popular, with people who know about it, because it pays a high rate of return and the investment is secured by real estate. Typically, once the loan has been made, the rate of return won’t change. You may invest in a trust deed that has a term of 18 months and you would receive payments for each month for the interest the borrower is being charged.

Trust Deed Investments

Investing in trust deeds basically means you are loaning your money against collateral. The collateral, which is real estate or land, protects the lender’s investment. It is, however, imperative to consider the value of the collateral. It is also crucial that a trust deed investor reflects on the amount of money they are loaning in comparison to the value of the real estate that is securing the loan. The underwriting process typically handles this, however it is always a good idea, as an investor, to do your homework and pay close attention to the details.

If you are looking to invest in something with fast returns and pays a high rate of return, Trust Deed Investments may be for you.

Typically, the minimum investment for Trust Deed Investments is around $10,000. However, some firms require a minimum of $100,000. The exact amounts will vary from broker to broker.

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
Dennis Dahlberg Broker/RI/CEO

14 January, 2020 06:45

[title: Can You Calculate Your LTV? An Easy Guide to Real
Estate Math]

Here’s how to do the math on your next hard money investment so you know if it’s going to be the right choice for you.

Is that home going to be a cash cow? Will that fix and flip line your pockets for your next project? You may not be a big fan of math, but you can’t be a great investor without knowing the basics to real estate calculations.

Let’s go over some of the big numbers you’ll need to know for an investment!

Loan Amount

This one is pretty easy to determine and the most important one to know. How much are you going to be able to put down on the home? That is going to feed into the next equation because to get an Arizona hard money loan the lender will look at the loan to value. Are you going to need higher than 70% LTV to make your deal work? It’s important to know this going forward because different lenders have different max LTVs that they’ll loan on.

LTV – Loan to Value

This calculation is pretty simple! You’re going to divide the amount you’re borrowing by the appraised value of the home. To get the appraised value it’s good to speak with someone keen to real estate if you aren’t familiar with home values in the area.

Here’s an example: If you’re investing in a home worth $100,000 and you’re going to borrow $90,000, you’ll have a LTV of 90%. Now just add the data for the home you’re interested in and see what your LTV is, which is an important number to know when securing a hard money loan.

Hard money lenders like Level 4 Funding will often times go up to a 90% LTV, depending on the project. If you’ve got a proposal for an investment opportunity that you think is going to be a money maker, needs to happen quickly, or you’re worried about getting funded through a traditional lender, an Arizona hard money loanmay be just what you need.

Call us today to schedule an appointment to present your proposal and get started on your next project in as little as a few days!

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
Dennis Dahlberg Broker/RI/CEO

3 Reasons Commercial Hard Money Lenders Are Better Than Banks

There’s a certain connotation associated with commercial hard money lenders. The reality is, there are certain times when it’s way more advantageous to approach an HML over a bank.

Google auto-suggest is supposed to be smart, but it does something really stupid when you start running searches for “commercial hard money lenders.” No joke, the search engine giant will automatically append “are bad,” to the end of the phrase and offer it as a leading choice. That’s because people are actively searching for reasons not to work with HMLs, but it’s not why you’d think. It’s because people see the terms that they’re offered and start looking for a catch. There’s no catch. There ARE times HMLs are better than banks. A few are outlined below.

1. They finance when banks won’t. Most people don’t discover alternative lending until after they’ve been denied by a bank. Whereas banks have a whole list of criteria they use when evaluating a person’s creditworthiness, HMLs are more interested in the quality of the investment and the structure of the deal. They fill gaps left behind by traditional lenders.

2. They know your niche. Each HML chooses his niche and it’s typically based on the business experience he has. In other words, you’re getting funded by someone who has done what you’re doing. That means the person genuinely understands how your niche works and how to evaluate a good deal within it. Banks don’t usually get that in-depth.

3. They can get you your money quicker. There’s a lot of competition for investors in the commercial space. If you don’t have cash ready to go quickly, opportunities vanish. HMLs don’t have to deal with the same level of red tape others do, and so you can get cash in hand in a matter of days, versus the weeks or months it takes to get financing through traditional channels.

Programs Offered Are the Real Deal

Even though the programs and terms offered by commercial hard money lenders versus banks differ in many ways, the security is matched. For example, there’s still a title process, escrow accounts, and legal protocols to follow. Borrowers have a great deal of protection. The biggest difference is that you’re using an asset as collateral, which is the same thing banks often do when their traditional packages fall short. However, HMLs have greater flexibility because it’s usually one person or a small group of people making decisions as opposed to following rigid corporate protocols. That’s the very thing that gets deals off the ground quicker too.

Get expert advice before you sign on any loan.

Whether you’re planning to work with commercial hard money lenders or anybody else, it’s important to talk to a lending expert who can walk you through the best options for your situation. A broker can help ensure you have clear expectations going forward and make sure you’re getting the best rates possible, so it’s easy to decide the best way to borrow and feel confident in your decision.

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
Dennis Dahlberg Broker/RI/CEO

A Tale of Arizona Land Deals

Sometimes I think I ought to just quit the real estate field altogether, Tom Biggers thought as he arrived home after what should have been a really good day closing on his Arizona Land Loan. He wondered idly if the job his cousin had offered him in wholesale office supplies was still available.

He poured a straight shot of bourbon and sat down in his favorite chair. Should he have seen this coming although no one mentioned it? After going to three banks and two mortgage companies, he had found a private lender, who said, “We can do this—my company handles land deals. Our application is online, so you can fill it out at home. You need to do—“

That night he had looked over the rather lengthy list of expenses that he needed to figure in to meet funding needs. They included attorney’s fees, insurance, appraisal(s), title search, bond fees and surveyor’s costs. The property already had its utilities set up and they had been done in the past year.

This made things easier, his lender had explained, utilities counted toward development. Raw land—nothing on it except trees and grass –was more difficult to get money for and the loan terms were stricter, too. Property with some development in place was easier to acquire funding for and repayments terms were easier. If he had had plans showing future development, he would have had still better terms, his then-Arizona Land Loan would have been deemed a Arizona Construction Loan and even quicker to obtain under most circumstances.

Everything had gone smoothly—his credit score was only a few points above minimum, but it met basics. A deed for a small office building he owned in the better part of town was accepted as collateral. When the down payment was listed under 40 percent of the loan value, he made sure the money was available, despite it having punctured his savings account.

Signed loan papers in hand, Tom had driven over to the property owner’s office to inform him that he had the money needed to make the purchase. “Well, Mr. Biggers, I can see that you really want the property,” Richard Halleck said. “But I had my appraisers in yesterday—you know how real estate values are, up and down all the time. The property values in the area have jumped 10 percent in the last week. I’ve got another buyer who has got the money I’m now asking for. But I’m going to give you a week to come up with it since I talked with you first. You be in here by Friday and we got a deal.”

He suddenly remembered the folder for bridge loans in the information parcel his lender had given him. I’ve already got most of the money, he thought, why shouldn’t I get the rest of it from these people? The banks were not an alternative, he was certain.

Thursday afternoon Tom found himself signing the papers for a small commercial bridge loan that combined with his original Arizona Land Loan gave him the total Halleck wanted. Better still, while walking over his new property late Friday afternoon, two different passersby stopped and inquired about using it as an advertising lot since it was hillside land with a good view. Things were good, he thought, he had his property and he had lending contacts for use in the future.

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
Dennis Dahlberg Broker/RI/CEO

Properties You Shouldn’t Take Arizona Fix and Flip Loan Out On

When it comes to finding a property to flip, its best to buy low right? Well not exactly because there are certain properties you should never buy. Find out some details to look out for in a potential flips before taking out a Arizona Fix and Flip loan on them, so you can avoid disaster.

They say the first rule of investment is “buy low and sell high,” but when it comes to the flipping business you want to buy low, fix up and sell a property in the shortest amount of time possible.

With certain types of properties that’s just not possible, properties such as:

Risk less by not taking out Arizona Fix and Flip loans on these types of properties

First you should never buy blind, please take even the briefest of tours of any potential flip so you can look for:

• Foundation issues: If walking through a home makes you dizzy due to a dramatic slant in the floor, it’s pretty obvious you shouldn’t buy it. You should also never buy a house that looks like it was built on top of a fault line. But there are some less obvious signs you need to look for to spot foundation issues. You need to look for cracks in the wall but not just any cracks-horizontal cracks. If a crack runs horizontally it means the foundation is under considerable stress.

• Roof issues: When walking through a potential flip you need to look at the ceiling, looking for cracks, sags and dark spots which could indicate water damage. Even if there’s no outwardly apparent signs of water damage you’ll need to pop your head into the attic. Look for light, because where there is light there is rain and where there is rain there is water damage, and where there is water damage, there’s the need to replace the roof.

• Older homes with less obvious expenses: You should aim to do your walkthrough with your contractor, who’ll likely be able to spot less obvious expenses. For example, your contractor might notice that the age of electrical meter indicates a need to rip the walls apart to replace the wiring. If you don’t have a contractor, you could simply account for the age of the home, older homes are likely to have far more issues.

So before taking out Arizona Fix and Flip loans you need to walkthrough the home

Any one of these issues, foundation, roof or electrical will amount to an expenses, which could cost you tens of thousands of dollars. Not to mention the weeks and weeks it will take to resolve anyone of these problems, weeks and weeks in which you will need to continue making loan payments.

The golden rule when it comes to rehab is to spend money on things that buyers will see. Will buyers see that neatly poured foundation, that new roof, that new wiring system? Not really, so any money you spend doing these fixes is basically wasted.

If your too lazy to take a simple tour of the house do me a favor, why don’t you go into your backyard, get ten thousand dollars and set it on fire, because that’s what will be the end result if you don’t perform even this basic level of due diligence.

When combing the online listings don’t get baited in by a low sales price, buying low isn’t always right, you need to buy right, rehab smart and sell quickly. Properties with any of the above issues simple don’t meet these criteria.

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
Dennis Dahlberg Broker/RI/CEO

Why Construction Loans are Key to Coping with Inventory Shortages

It’s no secret that the country is experiencing a major housing shortage. Construction loans in Arizona will play a pivotal role in relieving it.

CNBC recently reported on the national housing shortage. Supply is way down, thanks to increasing demand and favorable mortgage rates. At present, there are 1.77 million homes on the market, but experts say it would only take 3.9 months for the stock to be depleted entirely. It may sound like a lot, but a balanced market usually equates to about a six-month supply and stock has been dropping steadily over the past five months. Vacancy rates for single-family homes sit at 6.8%, down 7.1% from a year ago.

Challenges are greatest for those trying to purchase homes for the first time, with entry-level properties in the $100,000 to $250,000 range seeing a 6% drop in availability compared to one year ago. Part of this is driven by Millennials who have endured difficult economic times and are just now feeling strong and confident enough to take the plunge.

Inventory reductions are even more significant in certain parts of the country. Phoenix, for example, has 15% less housing available than it did a year ago. Austin and Las Vegas have seen 14% drops as well. Despite the respective high cost of housing overall, the state of California has also taken a major hit, which experts attribute to the increase in tech jobs available.

Investors are Being Successful with Both Sell and Hold Strategies

The seller’s market makes it harder for fix-and-flip strategies to work, simply because it’s that much harder to find an ideal property at a good rate that will provide adequate returns. This has more people turning to construction loans for more control over the process and profits. In many cases, investors are grabbing up undeveloped property within high-demand neighborhoods and subdividing plots to get more mileage, but homeowners are increasingly willing to buy in outlying areas just to have a place they can call their own at an affordable price.

Ultimately, savvy investors are using their construction loans to build and sell fast, with some concern that the favorable conditions are due for a shift, much like they did last year when a spike in interest rates helped correct the market to some degree. Others are leveraging a hold strategy, converting their financing to a long-term option after the build. Given the steady increases in rent prices, which now sit at a 4% hike year-on-year, the strategy is paying off and may continue even if interest rates put a dent in purchasing.

Alternative lending is giving investors a helping hand.

Despite the fact that market conditions call for more housing and builders can’t keep up, Arizona construction loans through traditional lending sources like banks are in short supply. Although they’re actively courting homebuyers and tempting with great terms, they’re not extending the same options to builders or investors. Alternative lending, hard money in particular, is helping fill the gap. Those interested in taking advantage of the inventory shortage would do well to connect with a hard money broker to explore all the options available.

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
Dennis Dahlberg Broker/RI/CEO

Trust Deed Investing—What are the Advantages? The Pitfalls?

Is this method of funding one you should take on? Again, do the needed research and find out what is best for your planned investment because these are different from most well-known funding packages.
These investments, if done correctly, can give a well-defined yield with the investor’s risk being a low one. Single digit returns, as high as 10 percent, can be registered on a monthly basis here.

Safety margins—the difference between the value of property and the total amount of the loan—border the possibility of loss in this kind of investing. Failure to repay funding by the borrower can result in the lender’s re-possessing the property in order to regain any losses along with any interest that may have been attached to the loan. Investments can have a LtV (Loan-to-Value) up to 65 percent, which is certainly a positive point for a borrower.

Trust deed investments do not, however, appreciate in their value as do typical real estate investment properties. Still, income can be generated by them.

Banks, on the whole, typically do not want to do this type investing since they are looking to make as much money as possible from their loans—six to 12-month payoff times do absolutely nothing for these institutions. The banking industry’s loans are set to expand over a lengthy time period up to and including 30 years in more than a few instances.

Lawsuits involving the property title, real estate values that drop suddenly and sharply, assessment errors made and overlooked during appraisal that change the property value are just some of the things that make this type investing termed as somewhat dangerous to both borrower and lender.

Traditional investors want solid ground under their feet at all times and the rules they work by are designed to make that as close to reality as possible. Investors that are in the ‘hard money’ areas are thought to be a better choice for trust deed investing since they can and do work outside the regular boundaries of investing. They also charge higher rates of interest and origination fees than conventional lenders.

Deep study and careful consideration of all factors is a must when it comes to this type investment—after all you want to make money, not lose it. Be assured that all the desired legal demands have been met and double checked, and that the property appraisal is correct to the last penny. Be certain of the whole as well as the sum of the details. These investments cannot be converted back into liquid cash in a couple of weeks if you have a change of mind as can bonds or blue-chip stocks.

If you are seriously interested in trust deed investing, however, along with your regular research, talk to an attorney or a certified public accountant whose opinion you value. If you have friends in the business, check with them as well. Once you possess all the facts, if you still want to invest in this area, find the lender who is best for you and work with them to make your experience a positive one.

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
Dennis Dahlberg Broker/RI/CEO