Updated almost 6 years ago on . Most recent reply
making a deal and getting hard money loan
2nd ever post! been lurking around for weeks and finally need to jump into some of my questions. As a very new student of REI, I have a few specific questions I just dont read much on. As I inquire with hard money lenders for info, they ask for deal information and sometimes contract information on the property. Is this how many deals go down, a buyer gets an agreement on a property and then secures the funding? In my mind, id prefer to know I could fulfill the deal before agreeing to it. If this seems like a super dumb question I apologize. Ideally as I move forward I would focus more on private funding etc.