Rookie Hard Money Question....

[Felipe Munoz]

Insanely rookie question: Can someone go through step-by-step process of using hard money loan to purchase a fix and flip property? Can you start from very beginning of process ("that house looks like a great opportunity for my first fix & flip! I need to move quickly and don't have a money partner. I think hard money is my only option......"). If it's asset based, how do you line up financing before you have a potential deal or do you find deal first? Can you use hard money loan to purchase, fix & flip a short sale? Is that an entirely separate topic? Thanks for any advise.