What would be the NAICS code for a hard money lending business. I have tried using 522292 and I keep getting rejected by banks when I try to set up a business bank account. They say it’s a prohibited business for them.

I'm looking to do my first flip.  I have some cash that I can use for down payment but will need to finance the balance. How can I tell if a hard money lender is legit? 

Hi BP Nation,I am in Memphis, TN and I just completed a successful flip. I am now putting offers in on properties that I plan to BRRRR. My challenge is this - it usually takes me about 30 days to close through my ban...

Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...

Hello all! I am interested in finding a hard money lender to work with to purchase my first flip project and wanted to know what to expect and questions I should be asking aside from the normal ( int. rates and terms)...

Just curios to find out, how do investors go about the conversation with a Hard money Lender?? 

Hello BP,I purchased a house to initially flip and my contractor in the middle of the flip kept asking for more money and more money. Eventually, I had to fire him unfortunately the cost has already surpassed my initi...

Hello All,
Has anyone invested with a Hard Money Lender? Is it possible to do so? Or is this sort of investing only limited to accredited Investors?
Is it possible to invest and also pick what projects you would lik...

Hello all. Just picked up my first investment property. Used a hard money lender and need to refi. I closed last tues. Hammered out some very long days and have a renter lined up. Next goal is to refi. Called around a...

Why YOU should become a hard money lender:1. VERY limited risk if you underwrite properly2. returns up to 60% per anum or more3. easy easy investment--just collect mailbox money4. much LESS work than being a landlord5...