Hard/Private Money "Pre-Approval?"
I've bought and sold a number of homes in my life , and even flipped a couple but I've always used conventional financing.
Lately I've run across a couple properties on the MLSthat's say hard money or cash only , bring proof of financing .
As I understand it, hard or private money depends on the property/deal and not the borrower for approval. So is it possible to get some type of funding commitment when I don't yet know which property I'm interested in?
The reason I'm asking is because I'd like to get as fast a close as possible!
Thanks