Las Vegas, NV · Member since 2016 · 1 post · 0 votes
Hi, will hard money lenders pay for the whole deal if the numbers work? Do you have to have perfect credit to get a hard money loan? Is there a big down payment involved with hard money loans? Are hard money loans used for wholesaling? Thank you.
@Rashard Dennis They usually require some skin in the game. So usually is 25% depending on the lender. Your credit doesnt have to be perfect but you cant have any outstanding items for example recent bankruptcies, not current on most things.