Where to get the start money?

[Keith W.]

I have a Hard Money Lender willing to invest 100% for the project if it meets all the criteria. (Property + rehab) Great! The problem is, I have to pay for the work, then request disbursements as the work is completed.

So if the property needs a few thousand dollars in demolition for example. I have to cover that, then get reimbursed from the lender for that amount. To me, that's money out of pocket.

In my case, I may be able to get the initial funds, but I'm always hearing about folks in worse financial situations than me that worked with hard money lenders, etc.

Where should that initial money be coming from or are there some lenders that will provide the money upfront?

[Brandon Keener]

Ive often wondered this same thing with Hard money loans. Also what if I plan to do some of the work myself etc. If I have to front money, it seems like a waste to get the loan? I understand most Hard money deals require 10-15% down