Hard money advice - help me not be stupid

[Justin Gottuso]

I’m going to be shopping for a hard money loan for an upcoming duplex acquisition and rehab.

1. What are red flags that would signal ‘this is a terrible deal/rate/terms/they are crooks’? What should I avoid?

2. What are signs of a good deal/rate/terms that I should seriously consider? What’s acceptable?

3. What would tell me ‘this is an amazing deal/rate/terms and I should sign right now?’ What would be a slam dunk no brainer?

Examples of deals you’ve done are much appreciated for case study 📚 comparisons. Thanks!