Hard Money Lenders
Hi BP,
Me and my husband have been really thinking about all the different ways we could finance our first flip and its more and more looking like we will have to do a hard money lender or private lender. Every time I hear about HML it sounds almost like a bad route. I feel real nervous having to resort to one. Any advice or things to look out for if we go the HML route? Also with a HML do we still have to put a percentage down, or does it vary depending on the lender we go with? I appreciate the feedback.