Hard Money Loans Affected by Potential Market Crash

[Daujenae Harps]

Hello! I am researching property investment through rentals or fix and flips. Will a future housing market crash affect hard money lenders willing to finance projects or purchases? 

[Ryan Cleary]

Originally posted by @Daujenae Harps:

Originally posted by @Joshua Schmidt:

I think any crash is going to affect the lending market, however, most hard money lenders like to see more than one exit strategy. If you have your numbers right, and they verify those numbers, I believe they would still lend. The problem may be on the back end when you try to refinance. Still, if you buy right and the numbers make sense, I don't think it will affect hard money as much as other methods of lending.

Thanks for your insight!  By refinance, you mean if I am buying and holding? Does the same go for fix and flips?