Hard Money Loan Downpayment

[Rosy Baeza]

Hi everyone!
Do hard money lenders care where your down payment comes from? I’m trying to figure out how to structure a deal without putting any of my money into the deal. This is for a fix and flip. I found a hard money lender who is willing to lend 80%, and I have a friend who is willing to put in the missing 20% (as a private money loan in second position). Has anyone ever done this? Any guidance is appreciated!

thank you!