As a broker, my biggest pet peeves are hard money lenders circumventing to my clients, not being upfront about fees, asking for a commitment fee prior to issuing loan docs, and "matching" my broker fees, even though I underwrote the file, got the client, and did all of the processing work. 

You seem to have a bug up your butt about hard money versus private money, @James McGovern, as it seems to be your favorite topic.

I have already talked to hard money lenders and got the pre approval.

You will pay 10% penalty plus taxes on that money.

If the latter... there's still some meat on the bone and you'll make money by being able to operate leaner.

@Kelly SchroederPrivate money for purchase and DSCR loans to refinance out of the private loan.

Now it’s your turn to loose money.  

Is this normal for hard money?

It​‍​‌‍​‍‌​‍​‌‍​‍‌ looks like competitors are around the corner from every angle if you ask me. Considering my former underwriter role and my current position as a strategist for a national lender who is planning to e...

I know that there are tons of different types of lenders but I believe for my case I would need a private money lender or hard money lender.