My Do Hard Money Experience

[Errol St Marthe]

So I have been doing research on Do Hard Money and there does not seem to be any resent reviews with positive input about them.After thinking about it for a few days i have decided to bite the bullet and do business with them and document it here in this thread. I did send the 3k and do the paper work last night and was given access to their system. In a few minutes i have a 30 min integration call with someone from their team. So this is all the progress so far. I did log into their system and they do have a lot of educational resources but at the end of the day i don't want to feel like i paid for a system where as I'm looking for funding,anyway i will update my progress as it goes

[Alex Bekeza]

This all sounds pretty scary. Calculating ARV does not require thousands of dollars. Nor should due diligence from a lender unless your talking huge distressed property deals or 10 + units.

Do not ever pay up front fees other than a BPO or an appraisal.....

I've seen a few lenders who have had to come on BP and try to do some damage control like this...

I have zero experience with Do Hard Money so I can issue no critique. Only thing I can say is that you should only pay a lender when they fund your deal.  Period.