They have experience in your niche — It’s important to work with a trusted lender that you can confide in about your business needs and someone who is equipped with the skills to help you meet your company’s short- and long-term goals. First, it’s critical to find a professional who has specific experience with your type of business or project. Based on their past experiences with your niche, they can offer insight specific to your needs.
They have a solid portfolio — A solid portfolio is another indicator of the Texas Commercial Mortgage professional’s past experience and their past successes especially if they have testimonials or references you can contact to speak on their behalf. Typically a professional’s website should have their portfolio updated with recently financed projects. This can also help you determine if the lender has experience in your specific project niche.
Terms that work for your needs — Unlike traditional banks that have typically rigid lending terms, non-conventional or alternative Texas Commercial Mortgage lenders often have the flexibility to offer terms that will fit your specific project needs. While terms vary vastly from banks to private lenders, you should make sure the professional you work with does his or her best to meet the flexibility of terms that work for you.
Doing some quick research online is a good first step to finding out a little bit about the lenders in your area that can help you get the loan you need. If you find a professional online, it’s a good idea to have a consultation to ensure that his or her qualifications truly meet the needs of your business and the loan you are looking to obtain.
You intuition can take you a long way when it comes to who you are going to entrust to help you get the best loan and terms to grow and expand your business. Aside from doing your due diligence prior to selecting a lending professional to help you get a loan for you your business, always trust your gut — it’s usually right.
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.