Newbie looking for some guidance.
Good morning folks. My name is Tom and I have a question regarding hard money loans. I have been considering taking the leap into the "fixer upper" market. I am a real estate appraiser with considerable experience in the construction field. Would hard money lenders pre-approve a person for an amount of money before a property was found? The reason for the question is because the market is so competative and I would like to jump on a property if one interested me. Thanks for your time.