I checked out their website.. they are showing C class and probably some D class rentalsCaution    they want you to get the loan and they are allegedly going to put some cash into these deals up front.. and you as investor get 60% ownership .. you are suppose to refi out in 5 years and pay them their cash plus 40% of the equity.. 

Here are some considerations:Pros of Using a Hard Money Lender:Speed: Compared to standard lenders, hard money lenders can provide quicker approval and financing processes, which lets you take advantage of time-sensitive possibilities.Flexibility: It may be simpler to obtain financing if HMLs are more accommodating when it comes to credit history and property condition standards.Access to Funds: You may take advantage of more investment opportunities by having quicker access to the equity in your property.Experience: For first-time investors in particular, certain hard money lenders offer invaluable experience and advice that can be helpful in navigating the fix and flip process.Cons of Using a Hard Money Lender:Greater Costs: Hard money loans might have interest rates and other costs that are greater than those associated with standard financing sources, which raises the project's total cost.Term Length: HMLs normally provide loan durations that are shorter, usually lasting between six months and a few years.

@Taz Zettergrenhttps://www.nextgenerationtrust.com/professional-resources/Check out this website - next generation trust they are a sdira custodian and have some non recourse lenders on there.

I do wonder if I leads to more inventory though, I have for instance another client that this 2.5% might be the difference in deciding to list or not, for sellers without a lot of equity that 2.5% can be the difference between writing and check or not, which in addition to some people not having the money to cut a check is also a huge psychological barrier, there are probably even some people on the margins who have in thier head they will only sell if they can net 100k in profit or some random number like that.

Someone has to pocket the proceeds from that check and you can follow that trail. 

I will check out some properties in Cleveland and let you know if I have any questions.Thanks for the insight.Sincerely,Joe

Feel free to message me if you want to check it out.

Here's my underwriting standard list for free.

Often Imitated, Never Duplicated join us at MAREI.First meeting is FREE, just register for you guest pass, let me know that I invited you or Alex.And you can quite often find a group connecting in the bar after from 9 to 11, they have massive burgers, you have to check them out too!.

There is no legal limit, but there is almost always a practical limit because a sponsor can only deploy so much money before they have to lower their underwriting standards etc.