Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Hard/Private Money "Pre-Approval?"
I've bought and sold a number of homes in my life , and even flipped a couple but I've always used conventional financing.
Lately I've run across a couple properties on the MLS that's say hard money or cash only , bring proof of financing .
As I understand it, hard or private money depends on the property/deal and not the borrower for approval. So is it possible to get some type of funding commitment when I don't yet know which property I'm interested in?
Thanks
Most Popular Reply
@Robert Reineri Its possible to get a pre approval letter. You can submit an application with a property you have in mind and give some detail on your plans and a HML will be able to send you a pre approval letter.