I have heard stories about hard money lenders taking a house that's in default.

I'll add those areas to the watchlist.As a new immigrant, I am concerned about how quickly you can build your credit score to talk to lenders.

What do you usually look for in regards to best practices as a private lender?

HelloDoes anyone do any lending on 160 acres rural land with amazing views on Fort Rock Ranch, AZ ? 

I've decided to become a private money lender for a fix and flip investor.

Your Credit Score: 680+ or 700+ will get you better terms depending on the lender. 660 is the minimum for many lenders.

If I rejected everyone with no reviews my occupancy would go down a lot.

Who do we reach out to first (builder, appraiser, architect, lender)?

I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?

We’d also be using a hard money lender for the flip.