Pitfalls of Traditional Commercial Loans

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Pitfalls of Traditional Commercial Loans

Traditional commercial loans can be difficult to obtain and take a long time to fund. Arizona Hard Money Commercial Loans can help bridge the gap and get you funded quicker to turn a profit from your commercial real estate.

Retail spaces, office buildings, warehouses…. The list goes on and on. Commercial investment properties are a hot commodity in Phoenix, allowing investors to maximize their income potential. The return from commercial properties can blow residential investments out of the water, but that’s because they come with a big price tag.

In order to afford that commercial investment property you’ll need to have the cash to make the purchase. If you’re familiar with Arizona Hard Money Commercial Loans they can be a great way to secure funding. Here are a few reasons why traditional commercial loans may not be the way to go for your investment.

Must-meet requirements

Traditional commercial loans will come with similar requirements to traditional residential loans where the borrower will have to meet certain requirements that can be based off of things like credit score and payment history. If you don’t fall into the category of people with great credit, that can be a road block for you. Arizona Hard Money Commercial Loans will offer an alternative by looking at other factors so you don’t have to spend time and money fixing your credit.

Your repayment schedule will be strict

Traditional lenders are very strict about their repayment schedules, not allowing for flexibility so that the borrow can tailor the loan to their needs. That’s where Arizona Hard Money Commercial Loans have a leg up. The terms can sometimes be negotiable, allowing the borrower and lender to work together to come up with the most beneficial terms for that particular loan.

You’re running on their time

Commercial investment has a hefty price tag and can come with some hefty unexpected expenses. If your commercial property needs a big ticket repair, how long do you think it would take a traditional lender to help you get that money? Because Arizona Hard Money Commercial Loans have the flexibility that traditional lenders don’t offer, there’s the potential for alterations to the loan that can help you with large fixes such as roofing or heating/cooling.

Quick response is NOT the name of the game with traditional lenders so if you’re looking to make a move on a commercial property, going with a hard money commercial loan that will be serviced with a company like Level 4 Funding. Call us today to learn more!

Dennis Dahlber Broker Ri CEO Level 4 Funding LLCDennis Dahlberg
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.

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