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Updated about 8 years ago on . Most recent reply
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Best Hard Money Lenders for Fix and Flip
Hey BiggerPockets! Just wanted to feel the room a little bit. What hard money lenders do you enjoy working with and why? I am in the HML space and want to know what borrowers value most when it comes to lenders. All responses appreciated!
Most Popular Reply
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Honesty and communication. Look everyone knows the rates for hard money are higher than others that's because it's short term lending and there is a reason why they are looking for hard money. Just be honest and up front about costs, fees if you can or cant fund a deal.
A lot of frustration comes from a hard money lender overselling and under delivering.