Recently Marty, a general contractor called with a major problem.
Unfortunately, they had not been paid for their last contracting job
and were not sure when they were going to be paid.
So what do they need private hard money for?
How were they going to pay their employees AND
purchase a the next project? Yikes!
Suddenly Marty’s flipping business was at stake.
They needed cash for their next Flip!
They had an impressive real estate resume and have
bought, rehabbed, and sold many homes in the past.
They even held onto a few of their favorite renovations to rent out.
They admitted that they had never needed help before
purchasing a property and
always paid cash out of their own pockets.
For the next Flip Marty had 70% to put down and needed the
remaining 30% to acquire the property they had under contract.
And another problems was that the close of escrow date was in 3 days!
Google to the rescue!
They were not even aware of private hard money
until they Goggled “quick real estate financing”.
We were able to get the Marty funded quickly and
he was onto their next project within a week.
Marty is back in business and is making money Flipping Homes.
Dennis Dahlberg
Broker/RI/CEO/MLO
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.
Technorati Tags: commercial loans,commercial lending,commercial mortgage