Hello Kristen, this was my 2nd Hard Money Lender that I used. So I'm still new to the game. I used a Hard Money lender because I didn't have the capital and my debt to income ratio was off....so being a former banker and doing mortgages the traditional way for me was going to be very challenging so I opted to go with hard money lenders on my first few deals. When I build my capital up and increase my pool of private money I will just have more choices available to me when funding a deal. I am by no means an expert. I am just a seeker of information and enjoy the education I receive from groups like this. I saw so many bad posts about them while doing research I just wanted to share my experience. I said it was a little challenging in the beginning because I didn't understand some of their requirements. Honestly I had another deal that I was closing up on so I will also take responsibility on not being focused. I did also start off with a rep that didn't hold my hand as a new investor so that also added to my confusion.... but that was quickly resolved and then I had someone with me through every step of the way. So I appreciate them because I personally would not have been able to close the deal without them or my 1st Hard Money Lender. If you all know of other avenues of creative financing Please let me know. I do not work for them or receive any discounts so I'm always looking for better deals!!! It's business not personal.
Aisha
