100 LTV commercial real estate financing isn’t always easy to find from lenders. Use these tips to locate a hard money lender near you that offers these loans.
Many hard money lenders nowadays offer commercial real estate loans, but not as many will give you 100 LTV. We wanted to give you tips on finding money lenders that offer 100 LTV commercial real estate financing. Really, it’s as easy as knowing where to look.
Do an initial scan of your options.
It can help to first see what hard money lenders are out there before choosing one. Search for hard money lenders that lend in your area. At least one of them is bound to offer 100 LTV commercial real estate financing.
Check out the company websites.
After you’ve got the names of a few hard money lenders, take a look at their websites. Do they have testimonials? Look at those, too. See what kinds of loans they offer and if they’ll be able to give you 100 LTV on your commercial property. You should be able to get an idea of the trustworthiness of the company from the website, as well, which can be helpful moving forward.
Look for company reviews.
If there are reviews on Google, Yelp, or other websites, they will definitely be useful. Reviews can tell you what the company website will not from the perspective of past borrowers. As a potential borrower, it’s worth it to read what other customers had to say. However, keep in mind that reviews can be slightly biased. If someone had a bad experience with a company, they’re more likely to take the time to write about it than someone who had a good experience. If company ratings are skewed on the low side, take it with a grain of salt.
Give your top companies a call.
After you’ve found companies and seen their reviews, you should be able to narrow your list down to a few companies that have the best chance of giving you 100 LTV commercial property financing. Call each company and get a better feel of what they’d be able to offer you and ask any other questions you might have.
Don’t be afraid to negotiate.
One of the advantages of hard money lenders over banks is that they can work with you on rates and payment plans. When you’re talking with hard money lenders, don’t be afraid of negotiation. If you’re determined to get 100 LTV and their website says 95, see if they’ll give you the extra 5%. You never know unless you try.
Level 4 Funding has financed many commercial real estate projects, and they could help you, too.
Level 4 Funding of Phoenix has experience lending to help fund projects in many areas of the American West, including Arizona, Texas, and California. Visit their website for more information about their commercial real estate loans and see if their services are right for you.
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
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.