Is dohardmoney.com a legitimate HML?
I have been searching for hard money lenders in Oklahoma and Texas. I came across dohardmoney.com and found their loan programs to be very favorable. They are an A+ company with the BBB. Has anyone used them before? Heard anything positive/negative about the company?
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I would keep dohardmoney in your back pocket if you can't find any other financing. They do finance a lot of deals yet my experience with them has been very rocky, I have not closed a deal with them in 3 attempts. Lots of hurdles and paperwork. Every time some midlife crisis happened to where the evaluations weren't submitted. Without all the evaluations they won't go into underwriting nor submit a LOI. So you're just hanging out while wasting time during contract phase. This was just 2 weeks ago.