Your company has numerous resources when it comes to acquiring capital for real estate investments. Traditional financial institutions, ranging from banks to trust funds, lend out money for real estate all the time. Unfortunately, these institutions are typically very rigid about who they lend money to, how much they lend and how rapidly the loan must be paid back. Thankfully, your company can instead choose to work with a convenient hard money lender as a reliable alternative.
This is just one of the many scenarios where a private money lender can offer unique advantages that support your company’s goals. Acting as a flexible source of capital, hard money loans can be leveraged to acquire all sorts of commercial real estate assets. That being said, it’s important to know all of the best scenarios for using a private money lender over other financial institutions.
1. Your Company Needs Capital Yesterday – There are times where access to funds previously available is cut off. In other instances, emergencies prop up and force companies to spend capital in order to put out a fire. Unfortunately, sometimes that operating cash was earmarked for something else. In cases where funds set aside for real estate investment are no longer available, a hard money Commercial Loans offers a quick solution. The process of applying for capital through a hard money lender is considerably more efficient than going through a traditional money lender.
2. Unique Opportunities Require Flexible Funding – Banks are businesses designed around making smart, predictable bets on borrowers. If the borrower is successful in paying back its loan (plus interest, of course) in a reasonable time, the bank sees this as a victory. That’s why big banks and other financial institutions have such strict guidelines when it comes to who they’ll provide a Commercial Loans to, how long and how quickly they expect the loan to be paid back. If your company doesn’t seem like a safe bet, you may be turned down for a loan. Banks may even be wary if you serve a niche market, especially if the market is unfamiliar to the financial institution.
3. Obstacles Call For Insights From A Seasoned Lender – When the market changes, so should your strategy. Creating a working relationship with a private lender provides you with a valuable ally. These professionals know better than anyone the current state of the market. After all, companies often turn to private lenders when traditional lenders turn them down. This insider knowledge can easily translate to helpful observations about the market if you have a positive relationships with your private lender.
Tired of dealing with the hassle and paperwork that comes with trying to borrow money from a bank? Consider the convenient alternative. Private lenders are available in your area.
Don’t put off a big opportunity for lack of capital. An experienced private lender can ensure your company has the cash flow it needs to move forward.
Level 4 Funding LLC Private Hard Money Lender
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com 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 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.