Lenders want to know you are personally involved and have a real desire to see the project through to an exit.There are many considerations for a lender when looking at a hard money loan request.

Indy is a great market but you also must come here and see the areas for yourself after your  preliminary due diligence.

@Curt DavisYes I can see the 2% on lower end areas where you buy at 25k or something like that. 

Interesting to see the viewpoints on this particular subject.

Now they see the big banks as systemic risk if they go down.

Hey @Stephen Roy  - On our PRO page, you can see the differences above the chart.  

Would love to see the rest of the numbers (ARV, est. rehab, etc).  

All I've heard about it are how wonderful it is because the seller and buyer don't see the other persons numbers but I don't know much else about it.

In my mind, i see the money already coming in.

I certainly see the benefit to taking photos of the car, prescreening, scheduling multiple showings, having a quick way to call for help, having an attack pet poodle, etc.