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Updated over 10 years ago on . Most recent reply
![James Holsinger's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/229538/1694579775-avatar-holsinger.jpg?twic=v1/output=image/cover=128x128&v=2)
hard money loans
Are there any hard money loans that have no credit check and are collateral based? No money down?
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![David Oldenburg's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/235648/1621435203-avatar-moneyking.jpg?twic=v1/output=image/cover=128x128&v=2)
Everything sounded good, until you got to the no money down part! It is all based on risk. As an example, if someone in my area came to me with a potential wholesale or flip scenario, I would evaluate my risk. If the property could be purchased for the right price, rehabbed and flipped for a profit, I would gladly put up 100% of the money and partner with the person who brought me the lead. However, I don't know of any regular hard money lenders who will loan 100% based only on the asset. If you find someone, please let us know!!