Updated about 8 years ago on . Most recent reply
100% Hard money lender
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I tried to work with them twice. They want a few thousand upfront with no guarantees of lending. Their CEO has posted on BP that they will finance without the upfront payment but they never returnedy calls when I asked for their programs that didn't require an initial fee. They ended up putting me on a telemarketing list and robodialed me relentlessly trying to get me to pay for their 'training' program. In short, my experience with them was a very fishy.
An easier potential method for 100% financing might be a 90% LTV hard money loan with the other 10% coming from a personal or crowdfunded loan.
In general, I don't recommend 100% financing unless it is a once-in-a-lifetime deal. I think you are better off saving for a while. Others may disagree but my first two deals were 100% financing and, looking back, I had no business doing those deals.