Before we look at how private money beats bank funds, let’s define what private money is exactly. In short, Arizona Private Money Lenders issue short-term loans, typically for flipping properties, buying commercial real estate or getting quick cash. They are often just individuals who are looking for people to invest in, so they aren’t subject to the same rules and regulations are the big banks. So who can benefit from this type of funding the most?
Arizona Private money loans offer convenience, flexibility and speed, but there is one area where they can’t usually compete with bank loans — the rates. Interest rates are typically higher with these types of loans because of the risk. You’ll also need to be able to put up an asset like a property (this can be the property you’re purchasing) as collateral.
If you fall into one of the above categories, a Arizona private money loan might be the answer to your real estate prayers. All it takes is a phone call to Level 4 Funding to find out!
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.