Hard money loans scam

[Tuli Green]

Hi Everyone.

I am looking to purchase my 1st rental with hats money just to close quickly (off market deal) my email is flooded with private and hard money lenders. I have 2 questions 1)How do I know which are legit? 2) does anyone know if I have a few lenders pull my credit will it show as 1 or many pulls negatively affecting my credit score? Thanks

[Michal Liviatan Carpenter]

Hi Naftali. Legit lenders do not charge any money up front BUT the appraisal. Check for reviews or other industry professionals to vet for one. BP is a good source. If they have a legit website usually they will show more details, history and ways to connect. 
From my experience, download the credit score once and send as many times to whoever is asking. One time shouldn't dramatically effect the scoring. Good luck !