As a private investor, what do you need to know before completing a HML transaction?

[Richard Bruce]

Mods, I put this here since I figured this is where the people are the most that my question targets. If it has to be moved, please do, I understand and I'm sorry for posting in the wrong area.

For the private investors here, what information do you need before you will complete a transaction? I've researched about HMLs all over the Internet and I have learned alot but I want to know from the people here, on this site that I will be asking for a HML from, what do you need before you follow threw with a HML? I am specifically talking about HMLs for rehab projects.

-Rich

[Rich Weese]

Then you would need to show your experience, strategy and exit plan. How will loan be secured? Purchase price? Repairs? Selling price? Buyer lined up ? These would be the initial questions, imo. Rich.