hard meney with a sub 2

[Joshua Swanger]

As a newbie with no money would a hard money lender allow me to borrow the closing cost and repair money on a property I bought sub2. The plan is to flip the property.

[Jay Hinrichs]

@Joshua Swanger

  Nope...  Need to marshal up some cash.. also if you have no money and I assume your saying you don't in the way you couched your question.. you should not be doing any kind of sub too deals.. being under capitalized is a sure way to get into trouble... NOw I know your not personally responsible for the debt but the seller is and you could ruin their credit if you could not perform... Sub too is a very dangerous transaction for a seller if the buyer is not financially sound. 

This in my mind not a ethical transaction ... if your holding yourself out as some RE investor and talking a seller into selling to you., and they are too Naïve to check you out financially..

Again I am only taking what you have written.. but if that's the case and you have no funds.. then find a money partner before you waste a bunch of peoples time.