Pre-Approval of Funds

[Andrew Smith]

I am looking at a few properties on the MLS that may actually pan out. They've been listed a loooong time, some have expired and relisted. It is obvious that they are not "move-in" ready, so that leaves a lot of conventional financing out of the realm of possibility, which is fine, since I don't want to to use conventional financing. Do private or hard money lenders do pre-approval letters? A lot of times it is necessary that the other realtor know you have the backing available to make the deal happen. I know most HMLs lend on the deal, but if a pre-approval is required to get the contract than and the HML wants to see a contract first, then how to I bridge this gap? There is probably a simple solution I haven't thought of, but please, any help would be much appreciated.

If it helps, I am in the Dalls-Ft. Worth, TX area.

Thank you in advance