Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

How do I go about trying to Get my first hard money lender
As a new investor I’m trying to learn what I need to bring to a hard money lender to finance my deal that I can get started?
Most Popular Reply

As a lender, we don't have time to chase our borrowers down to constantly get more documents. You should have everything prepared to increase the likelihood of getting the loan.
1. Purchase Contract
2. Scope of Work
3.Cash Flow Analysis if it's a rental
4. Pictures
5. Comps
6. Your Personal Financial Statement
7. Entity Documents
8.Tax Returns
This list may vary by lender......
1. Purchase Contract
2. Scope of Work
3.Cash Flow Analysis if it's a rental
4. Pictures
5. Comps
6. Your Personal Financial Statement
7. Entity Documents
8.Tax Returns
This list may vary by lender......