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Updated over 7 years ago on . Most recent reply

User Stats

33
Posts
37
Votes
Jason Lawrence
  • Real Estate Agent
  • Indianapolis, IN
37
Votes |
33
Posts

Have you used dohardmoney.com

Jason Lawrence
  • Real Estate Agent
  • Indianapolis, IN
Posted
I was wondering if anyone had experience with a company called dohardmoney.com I am considering using them to do my first flip to get my feet wet and gat the ball rolling. Any advice would be much appreciated.
  • Jason Lawrence
  • Most Popular Reply

    User Stats

    57
    Posts
    33
    Votes
    Brad Taylor
    • Chicago, IL
    33
    Votes |
    57
    Posts
    Brad Taylor
    • Chicago, IL
    Replied

    I did talk to Don R. at DHM and listened to his whole sales pitch. I think they are legit, and they offer an incredible amount of tools.  A couple things have changed though (and not in their favor).  The buy-in member price is now $3495, and that is NO LONGER A DEPOSIT.  That's a huge shift from their prior business model.

    That being said, if you need the 100% cash-to-close model to get the ball rolling, and you can find a deal that will net you $25k plus or more, this may be the only path (assuming you can pay the member fee and can't find any other HMLs that offer the services they do w/o a member fee).  The $650 local site visit and eval I don't think is a bad thing as this confirms that it's a good deal.  Anyone should be able to do a pretty thorough analysis of any deal with BP calculators before you'd even put a deal in front of DHM.

    I know there have been complaints however they do have a great BBB rating too.  Would love to hear other thoughts as well!!

  • Brad Taylor
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