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Updated over 5 years ago on . Most recent reply

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Joanna Schutte
  • Noblesville, IN
4
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Do Hard Money company, reviews?

Joanna Schutte
  • Noblesville, IN
Posted

Hello & thank you for the help! 

I am a newbie looking to do my first deal. I have very little capital with which to work & I am looking at hard money lenders- specifically the company Do Hard Money.

I found them through BP’s website, but I would love some BP feedback- who has used them? 

What was your experience? 

Any other thoughts or other recommendations? 

I would really be able to look some one in the eye & shake their hand to do a deal, but they seem great after my first conversation.

Thanks again! 

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,762
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

they charge 3k up front.. with no guarantee of funding so if you don't have any money or very little 

be careful.. mixed reviews on the company on BP.. also when you dig into it you will realize you will need a pretty good amount of capital to do a loan with them.. 

if you have no real capital to do this your making a huge mistake.. you need to first get capital.

if you have capital then you can take these high leverage loans.. 

also beginners have a hard time finding deals that will meet their criteria and thereby you lose your 3k.

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JLH Capital Partners

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