Ep 4: What It Takes to Qualify for a Hard Money Loan
What if the thing you're most embarrassed about, your credit score, isn't even on the list of what actually gets a hard money loan approved?
Most first-time flippers freeze the moment a real deal lands in front of them, assuming a hard money lender grades them the way a bank does. Neil Timmins breaks down exactly what he checks, in order, and it starts with the property, not the person.
The trip-up spots are always the same: comps pulled from the wrong pocket of the metro, and a rehab scope that's one guessed-at number instead of real line items for demo, mechanicals, and cosmetics.
Then…
The skinny
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