I read a lot of posts on here regarding Lending one and decided to give them a shot regarding the fix and flip loans as well as the possibility of delayed financing of I was to pay cash for a property in case the seller does not want a financing contingency. The experience was very poor and began with a lengthy application, asking for all sort of documents including tax returns, rental schedule, voided check, credit check etc, just to get a pre approval letter. I was totally okay with the ID and the bank account balance but the other things were too much of an ask at that stage I feel.
Then came the day of phone call and back and forth emails regarding one property that I was visiting at that very moment of the call. I do cash deals for fix and flip so I told the agent that I am not sure if I will use any sort of financing for that particular property, but wanted a generic pre approval letter if i end up using one. The Rep constantly kept talking about the the pre approval letter and wanted more and more documents and analysis done for that house.
The third day, I was sent a "Letter of intent" for that property with an amount that was not even the amount I offered the seller and that is going to be a cash transaction anyhow. So in essence the rep there spent nearly 3 days to send me a useless Letter of intent that would not even be considered a pre approval letter for any other offers if I wanted to use it.  It was a bad and frustrating experience that I felt wasted so much of my time.
I contacted Lima one, and the same day i was issued a generic pre approval based on a bank balance and credit score alone for over $1MM, unfortunately they are not lending in IL so I will keep that option open when we are looking in other states.

Is there another other Hard money lender that is large but has a simplified process like Lima one. I have done a few flips in the past.