What are some good contingencies you guys put in contracts that are cash only while your waiting for the Hard Money Loan?

[Rod Desinord]

One of the fears newbies like myself have is how do I put submit a offer when they money isnt secured yet from a hard money lender. I was told i need to protect myself by how i word the contract. What do you fellow BP'ers put to protect yourself on the contracts 

[Jon Holdman]

If you're getting a loan from a hard money lender, write your offer as financed and include a financing contingency. Common error. Hard money is not cash. Don't write cash offers if you're buying with hard money. The HML isn't going to hand you cash. Its going to the title company just like any other loan.