Hard money lender questions

[Chad Greenhill]

Has anybody actually found hard money lenders that lend at 100% for purchase and redevelopment in DC and Baltimore or is this a myth? We have thus far found 75% for purchase and 100% for redevelopment projects that are in upscale areas in both cities, but we have not found anyone that loans more than that. 

What terms do these lenders loaning 100% typically seek? Our current crews have over 25 years of construction experience in DC, and I am a commercial real estate developer, and was an investment banker on Wall Street in various capacities, and my partner is a real estate agent in Pennaylvania and Maryland.