Frustrated with funding

[Vanessa Blais]

I've spent the past few months trying to find out what the hard money market is doing these days, and I'm getting nowhere.

Every source I find either wants a good credit score or 'skin in the game,' (40% down on purchase price) and usually both.

What has happened to the no doc 65% of ARV LTV loans?

Are they all gone?

Sure I can wholesale flip, but I've also heard that hard money lenders won't pay assignment fees, which will limit my buyers to 'cash buyers' only. Not to mention that that won't build any long term wealth.

I'm feeling lost in the weeds right now. Nothing is as it used to be, and I don't have the first clue what's working now.