Updated almost 11 years ago on . Most recent reply
hard money loans
Are there any hard money loans that have no credit check and are collateral based? No money down?
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Everything sounded good, until you got to the no money down part! It is all based on risk. As an example, if someone in my area came to me with a potential wholesale or flip scenario, I would evaluate my risk. If the property could be purchased for the right price, rehabbed and flipped for a profit, I would gladly put up 100% of the money and partner with the person who brought me the lead. However, I don't know of any regular hard money lenders who will loan 100% based only on the asset. If you find someone, please let us know!!