Anyone use Dohardmoney.com to fund a deal? Your experience?

[Jessica Martin]

My husband and I did a few wholesale deals last year down in Houston, but have since moved back home to a much smaller area about an hour south of Dallas. He ran across some very motivated sellers that started out asking about 65k for their house and have just agreed to sell it to us for 32k to just be done with it. My husband partnered up with a good friend of his already running a successful remodeling company here when we came back and we are now looking at this home to do our first flip and remodel it using the company they run here. 

This would be the first time we have ever used hard money. Not really sure of what to expect and what red flags to look for in a company. Ive heard some horror stories and seen some other people lose money and deals because things were not clear about fees and up front costs between them and the hard money lenders. 

This house can be purchased, remodeled and all in at and/or under 70% of the ARV which is hard to come by now days. We dont have a lot of up front cash and heard of Dohardmoney.com and they claim to let you pay almost everything on the back end. Has anyone here in BP ever used them? What was your experience?

Thank you!