Hard money first or deal first.

[James Baker]

I could use the expertise of the B.P. community. This may be a silly question, but what would come first, bringing a deal to a hard money lender or getting funding then finding the deal?  Thanks in advance. 

[Christopher Phillips]

@James Baker

Hard Money lenders finance projects. They don't give you funding in advance. It's no different than any other loan - lending is based on the analysis of the property. However, if you speak to them in advance, you can build your strategy based on what they are willing to lend (% of ARV) and what interest rates and points required. If you need it, they can provide a proof of funds letter for your offers.