Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Lisa McAuliffe's profile image
Lisa McAuliffe's profile image
Lisa McAuliffe
  • from Springfield, VA
  • Member since Apr 25, 2017

User Stats

2
Posts
2
Votes
Lisa McAuliffe's profile image
Lisa McAuliffe's profile image
Lisa McAuliffe
  • from Springfield, VA
  • Member since Apr 25, 2017
Lisa McAuliffe
  • Springfield, VA
2
Votes |
2
Posts
Creative Real Estate Financing

Why do I need cash with Hard Money Lending?

Lisa McAuliffe
  • Springfield, VA
Posted

I thought hard money lending would help me get started with my latest foreclosure purchase. However, I haven't been able to locate HML's that provide 100% of purchase price and 100% of rehab. Anyone have any advice for me in this creative real estate financing forum? Thanks much!

2 Votes
Follow
24 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Wayne Brooks's profile image
Wayne Brooks's profile image
Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, FL
  • Member since Jul 27, 2012

User Stats

23,418
Posts
13,512
Votes
Wayne Brooks's profile image
Wayne Brooks's profile image
Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, FL
  • Member since Jul 27, 2012
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,512
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

HML's will want You to have some cash (skin) in the deal. You will likely need a partner with some cash.

5 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...