Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

151
Posts
59
Votes
Erin Estes
Pro Member
  • Realtor
  • Goodyear, AZ
59
Votes |
151
Posts

Experience with hard money lenders?

Erin Estes
Pro Member
  • Realtor
  • Goodyear, AZ
Posted

I am curious what my chances would be to obtain a hard money loan with no money out of pocket to buy a foreclosure at auction?  What can I do to improve my odds when I meet with hard money lenders?
@Brandon Turner

  • Erin Estes
  • [email protected]
  • Most Popular Reply

    User Stats

    13,324
    Posts
    3,945
    Votes
    Brandon Turner
    Pro Member
    #3 Questions About BiggerPockets & Official Site Announcements Contributor
    • Investor
    • Maui, HI
    3,945
    Votes |
    13,324
    Posts
    Brandon Turner
    Pro Member
    #3 Questions About BiggerPockets & Official Site Announcements Contributor
    • Investor
    • Maui, HI
    Replied

    Yeah, I'll go with what they said. It helps to have "Skin in the game." However, there are some other creative ideas, like working with a partner who has the "skin" or by using a Home Equity Line of Credit or by finding the world's greatest deal and a very friendly/trusting HML :)

  • Brandon Turner
  • Podcast Guest on Show #92
  • Loading replies...