100% Hard money lender

[Serena Ocenas]

Has anyone closed with Do Hard Money? What has been your experience with them? Does anyone know of a 100% lender? I'm an experienced investor. Thanks

[Marc Phelps]

I tried to work with them twice.  They want a few thousand upfront with no guarantees of lending. Their CEO has posted on BP that they will finance without the upfront payment but they never returnedy calls when I asked for their programs that didn't require an initial fee.  They ended up putting me on a telemarketing list and robodialed me relentlessly trying to get me to pay for their 'training' program.  In short, my experience with them was a very fishy.

An easier potential method for 100% financing might be a 90% LTV hard money loan with the other 10% coming from a personal or crowdfunded loan.

In general, I don't recommend 100% financing unless it is a once-in-a-lifetime deal. I think you are better off saving for a while.  Others may disagree but my first two deals were 100% financing and, looking back, I had no business doing those deals.