I am on the hunt for off market properties, and have seen some of interest on auction sites.
Does anyone have experience with hard money for auction properties? How do you set up this arrangement, line of credit?
Does anyone know HML lenders who provide this service?
We have a program where we get you a line of credit (pre-approved) but we still have to have at least a desktop appraisal done so it cant be sight on scene. What you're going to find is most HML's are risk adverse and sight on scene is about as risky as you can get. I'm not here saying it impossible, I'm just saying hard to find.
Hey, thanks for the response @Matthew Crivelli . Understood!