Hard Money Loans Details needed

[Kamilla Ilishayeva]

Hello Everyone,

I've been doing my research and looking into all avenues. I understand there are different investors and hard money lenders are one of them. If I am not mistaking there are hard money lenders who will lend with no downpayment. Is that correct?

If so, what is the difference between the Lenders who require a downpayment and one who doesn't. 

I want to go for my first flip before the year is up. I have a contractor who is ready to work and a few properties in mind.  Now I am trying to get the financial end figured out.

Thanks in Advance!