Analyzing deals using hard money to purchase

[Joshua Frank]

hello BP,

 I’m trying to analyze deals but I find it difficult to really grasp the concept while attempting to use hard money in order to find the deal most analysis calculators I use and see are based around conventional loans so how can I determine if it’s a good deal or not if I’m using hard money to acquire the property.
Should I even consider the hard money loan initially or just analyze the property based on the refinance? then apply the hard money loan terms to solely acquire the property and rehab?