Best West Direct: 2019

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Friday, April 5, 2019

How to Get Financing for Cannabis Marijuana Business Loans

The number of borrowers searching for Cannabis marijuana business loans is at an all the high. Understand the market and your options before stepping into this slightly perilous, though very lucrative, market.

If you are a startup business, adequate financing is a requirement to succeed in your target market. If you are a liquor store or restaurant, you may seek financing from a traditional bank or credit union. However, if you are venturing into a marijuana related business and the ambiguous legal status of the marijuana federally, banks have been prohibited to open accounts for these types of businesses. Do not get discouraged, some traditional banks have started offering merchant services and lines of credit and even some Cannabis marijuana business loans. To fill this gap, Arizona Hard Money Lenders have swooped in to offer their lending services.

The Federal Deposit Insurance Corporation (FDIC), a federal agency that guarantees banking institutions, will not insure banks that are providing Cannabis marijuana business loans. Banks would rather avoid making loans to a marijuana business since they view it as aiding and abetting activities that are felonies under Federal Law. Traditional banking institutions accepting deposits from marijuana businesses could be looked at as money laundering. The Department of Justice has decided not to prosecute banks, but if political winds change, as they are prone to do, the banks that have opted to allocate funds for these types of businesses could be in serious trouble.

To fill the space that is left behind by traditional banks that are not willing to provide Cannabis loans, private investors have moved in. Some of these include venture capital and private equity, angel investors, high interest loans provided by private investors, and marijuana consulting firms that offer loans through private funds they manage. And, of course, Arizona Hard Money Lenders. Some of the requirements for private equity firms to offer financing are: be incorporated, have a checking account in the business name, be in the marijuana business as a dispensary or grower for at least six months, monthly gross of at least $10,000, and have a personal credit score of 500. There are a number of public companies that acquire and invest primarily in medical marijuana ventures. A company may take a significant ownership stake (equity) in exchange for funding. The company, after the investment, still maintains operational control. Canada has just approved legislation making all marijuana legal.

Merchant Service

Marijuana businesses need a way to deposit money and write checks to pay bills, pay employees, and distribute profits to partners. If you want to use a traditional bank, you may not want to fully advise the bank what type of business you are in. Of course, do not cover up the type of business by making the banker think you are in some sort of different business as this is bank fraud and you do not need the headache.

Marijuana business financing is difficult, but the rewards are huge. The laws are constantly changing, making it beneficial to contact an attorney to learn the latest laws and any new revisions that have occurred.

At Level 4 Funding, we offer rates as low as 7.99%. We work with hundreds of direct hard money private lenders, some of which specialize in the Cannabis business field. No credit required and no surprise front or junk fees added to the loan. Call us for a no-obligation quote.



Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Wednesday, February 20, 2019

5 Simple Upgrades To Boost Your Home Value

Did You know that improving your home value can be done in a few brush strokes?
It’s true, it has never been easier to improve home value than now.
House flippers and hard money lenders in Phoenix shared the simple upgrades that can seriously boost your home value.
In fact, you can improve your home value by thousands with some simple repairs.
If You are looking to seriously improve your home value and do a bit of home improvement start here!
Hard Money Lender Tip:
House Flippers and hard money lenders talk a lot about ARV and ROI. Flip your house smarter with the insider tricks.
Use these to budget for your upgrades and save you money.
“ARV stands for after repair value, meaning your homes value AFTER the repairs.
ROI means return on interest, or, how much money you get in your pocket after your do the repairs.” - Loren Howard, Hard Money Lender, Prime Plus Mortgages
1. Landscaping
Those with a green thumb can rejoice!
It turns out that one of the easier and simple ways to boost your home value can be done with simple landscaping.
While power-washing, and cleaning up the yard does help your curb appeal, it will take a bit more work to get the most of your yard.
To truly get the most out of landscaping, and curb appeal, you’ll need some mature plants, an clean cut design.
Mature Gardens, and landscape design, can add anywhere between an extra $16,500 to $38,100 in value on a $300,000 home. An ARV of $316,500!!
So Make sure you spend the time to truly plan out, and care for your landscaping. Do Regular Curb appeal boosts, and watch your home value boost.
2. Energy Efficient Upgrades
For those looking to help the planet and boost their home value these upgrades are just for you
A Simple Upgrade, like using a programmable thermostat, can save you 10% on your energy bills.
To get the most of your energy efficient home, consider replacing and upgrading your home windows.
So If you spend about $1000 dollars on new windows, you can expect a return up to $780 added to your home!
New Windows will also dramatically increase the interior and exterior of your home, cut your energy costs, and the list goes on.
Not only are these upgrades good for the planet write you can also write them off for your taxes!
3. Kitchen
The kitchen is the heart of the home.
Home makeover shows make repairing your kitchen look like a nightmare, but a small kitchen rehab can actually be quite easy.
A small kitchen rehab can see an ROI of 83% and add a ARV $83 per $100 spent on your rehab in home value.
So what consists of a minor kitchen upgrade? New Paint, updated finishes, updated appliances.
A Fresh coat of paint and breathe new life in a kitchen, but try to stay with time tested colors, and a modern approach that won’t be outdated in a few years.
Grey and White, are super trendy and easy to upgrade and make beautiful.
Other easy repairs to make to your kitchen are, upgrading cabinets and finishes.
Tie your room together, with matching handles, straight cabinets, and of course a fresh coat of paint.
Adding a pop of color can also improve your home value and leave a wow factor to your space.
Get inspired for your kitchen rehab here.
4. Smart Home Upgrades
We are all familiar with Alexa, and nest, but did you know that these features will improve your home value!
Some Easy Upgrades You can and to your home are Ring, Nest, and Alexa.
RIng doubles it’s value, as not just a smart feature but a security feature. Making it easy to monitor your home from your phone.
Nest is a smart thermostat that makes it easy to control your energy, save money, and go green. It’s energy efficient and makes climate control easy. It programs itself and monitors itself.
Alexa is a great way for people to keep up with current and local events all hand-free. It is easy to program into regular household functions and add a futuristic feel to your home. Alexa can control your lights, music, temperature, clock and more!
5. Painting
Break out the paint brushes and start rolling.
Did you know that the right pop of color to your home with wow your guests and can seriously improve your home value?
No wonder that house flippers in Phoenix are always painting!
Picking the right colors can add even more home value.
Neutral colors, like gray, white, and tan never go out of style. And pair wonderfully with a accent piece.
Other great colors to use are, navy blue, mint green, yellow, and some pastels such as baby pink and baby blue. A paint rule of thumb: warm colors (red, yellow, orange) make a space feel more welcoming.
While Cool colors (blue, green, grey) make a room feel more calming.
Accent walls are here to stay as well, so don’t be afraid to try a new color!
Summary
There are many easy ways to improve your home value. You also don’t have to spend big money in order to see big ROI.
Any of these simple upgrades will boost your home value, can even save you money.
Landscaping: Spend time to plan out your garden, and take time to nurture your plants. Quick fixes like power washing and mulch will dramatically increase your curb appeal.
Energy Efficient Upgrades: You and your wallet can go green with these upgrades, a new thermostat and save you hundreds in energy bills, and improve your home value.
A Small Kitchen Upgrade: The kitchen is the most important room in your house, so take time to give it a minor facelift. Painting your kitchen, fixing cupboards is all you need to start seeing some home value improvements.
Smart Home Upgrades: Adding smart features can improve your home value by 11%. Security features like Ring, make securing your house easier than ever.
Painting: Adding new paint to your home can improve home value by $2000! Make sure you pick the trendy colors, or even use a accent wall to make a splash!
What’s your Favorite way to improve home value?
BIO
Catherine Way Is an Digital Marketer and Content Creator. She graduated from Michigan State University Advertising Program with a specialization in Graphic Design. Growing up in a chaotic and fun childhood in a large family, she loves finding new mediums to to help bring people together. You can see her newest creations here.

Monday, January 7, 2019

Banks v. Hard Money Lenders: Which Is Best for You?


When looking for a loan, there are a few places you could go, but how do you know what lender will work best for you? Banks and Arizona Hard Money Lenders have very different loan processes, so it can help to know about each of them to make a wise choice.

With the different loan options out there, it’s easy to feel a little lost. Banks and private lenders are very different, so one may be better than the other for the loan you need. Here are some of the major differences between banks and Arizona Private Money Lenders:

Application process

The bank loan application can be long and complicated, but might work for those who don’t need loans quickly. The process involves bankers going through your information in great detail to determine if you qualify for a loan, which can take some time.

Loan applications with Arizona Hard Money Lenders tend to be shorter and less complex than bank loans, meaning private lenders could be a good choice if you need a loan fast. Because private lenders tend to be more focused on collateral than financial history, the application process here can be much quicker than that of banks.

Approval

Bank loan approval is based on your finances, including your credit score and your past ability to pay back loans. A good financial history is your best way to get a loan from a bank.

If you have poor credit or loan history, Arizona Hard Money Lenders are the best choice for your loan. Arizona Hard Money Lenders base their approvals on collateral rather than your finances. Having collateral will motivate lenders to approve your loan, as they will collect your collateral if you are unable to pay off your borrowings.

Flexibility

Banks can be tied to their company policies. If they require a certain credit score for loan eligibility and you don’t meet that, you could be out of luck. Additionally, their payment plans, rates, and loan lengths might be rigid depending on their policies.

Private Arizona Hard Money Lenders have much more flexibility with loans. Lenders can adjust payment plans and other loan elements to help each client individually, which can be great if you need specific issues addressed.

Choose the lender that best fits your personal needs

Selecting the loan provider that is right for you should be based on your individual loan needs. Arizona Private Money Lenders work well for short-term loans that you need quickly and provide a straightforward, simple loan process. Banks could be better for longer loans, and work well if you have good credit.

Research Arizona Private Money Lenders to get more information about benefits, rates, and types of loans granted.

Although banks have their advantages, Arizona Private Money Lenders can work wonders for you. Research private lenders like SetaBay to learn more about their loan processes.



Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC 
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
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.
© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions