If you’re considering using Do Hard Money for your next investment property, you’re probably wondering what other people have to say about their experience. Check out our Do Hard Money reviews to see what our customers have to say about us!
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Do Hard Money Reviews?
Do Hard Money reviews are difficult to come by. The company is a private lender, so they are not subject to the same sort of public scrutiny as other lenders. However, we have compiled a list of Do Hard Money reviews from around the web.
What is Do Hard Money?
Do Hard Money is a direct lender that offers short-term, fix-and-flip loans to experienced investors. These loans are typically used to finance the purchase and rehabilitation of properties that will be resold for a profit. Do Hard Money has funded over 1,000 fix-and-flip projects nationwide, totaling more than $200 million in lending.
How Does Do Hard Money Work?
Do Hard Money is a direct private lender for real estate investors. We fund fix and flips, rehab loans, and new construction projects. We’re different than your typical hard money lender because we’re a ‘hard money company.’ That means that we have our own capital to fund your deals--we’re not just brokers.
Here’s how it works:
1. You find a deal and submit it to us for funding.
2. We analyze the deal to make sure it meets our criteria.
3. If the deal meets our criteria, we’ll fund it.
4. We’ll send you the money to buy the property, and we’ll also send you money for repairs (if needed).
5. You fix up the property and sell it for a profit.
6. You pay us back, along with a small success fee, and keep the rest of the profit!
The Pros and Cons of Do Hard Money
There are a lot of different Hard Money lenders out there, and it can be tough to decide which one is the right fit for your project. Do Hard Money reviews can be a helpful way to learn about the pros and cons of a particular lender, but it’s important to remember that every situation is different. What works for one person might not work for another, so it’s important to consider all of the factors before making a decision.
Here are some things to keep in mind when reading Do Hard Money reviews:
-Every situation is different. What worked for someone else might not work for you.
-Take the time to read multiple reviews. Don’t just rely on one person’s opinion.
-Be sure to read the fine print. Some reviews may be biased because they are sponsored by the lender.
-Talk to people you know who have used Hard Money lenders in the past. They can offer first-hand insight that you won’t find in a review.
Do Hard Money Reviews from Past Customers
When considering investing in hard money loans, it’s important to do your research and read reviews from past customers. This will give you a good idea of what to expect from the lender and whether or not they are a good fit for your needs.
Do Hard Money has been in business since 2008 and has funded over 5,000 loans. We have an A+ rating with the Better Business Bureau and are proud to have helped so many investors achieve their goals.
Here are a few reviews from past Do Hard Money customers:
“I am a first time home buyer/renovator and was very nervous about the process. [Do Hard Money] made it very easy and were great to work with. I would recommend them to anyone looking for financing for their real estate investment.”
“I have used Do Hard Money for 3 of my investment properties. They have always been very professional and easy to work with. I would recommend them to anyone looking for hard money financing.”
“I have worked with Do Hard Money on 4 different occasions now and have had a great experience each time! They are quick to fund and very easy to work with. I will definitely be using them again in the future!”
Do Hard Money Alternatives
Do Hard Money is one of the more popular hard money lenders in the US, but they are not the only option. If you are looking for a Do Hard Money alternative, there are many other companies that offer similar services. Here are a few of the most popular alternatives to Do Hard Money:
– Hard Money Lenders List
– EZ House Buyers
– We Buy Ugly Houses
– Express Homebuyers
– HouseBuyers of America
– Need To Sell My House
Should You Use Do Hard Money?
Do Hard Money is a private money lender that provides funding for real estate investors. They have funded over 2,500 projects in 37 states and have a 95% success rate.
So, should you use Do Hard Money?
Here are some things to consider:
-Do Hard Money is a good option if you have a short-term investment horizon. Their loans are typically for 6-12 months, so if you’re looking for a longer-term loan, this may not be the best option.
-Do Hard Money is a good option if you have bad credit. Because they’re a private lender, they’re not as worried about your credit score as a traditional bank would be. However, this also means that their interest rates are higher than average.
-Do Hard Money is a good option if you need fast funding. They can sometimes fund loans in as little as 10 days.
-Do Hard Money is not a good option if you’re looking for a no-money-down loan. While they will sometimes fund 100% of the purchase price, it’s more common for them to fund 70-80%.
How to Get the Most Out of Do Hard Money
There are a lot of different ways to get the most out of Do Hard Money. You can use their services to fund your own real estate deals, or you can invest in one of their funding projects. You can also take advantage of their many resources, including their blog, podcasts, and video lessons.
No matter how you choose to use Do Hard Money, it’s important to do your research and make sure you are getting the most out of their services. One way to do this is to read Do Hard Money reviews. These reviews can help you learn about the different aspects of Do Hard Money and how other people have used their services.
Another way to get the most out of Do Hard Money is to take advantage of their Referral Program. For every person you refer who signs up for an account, you will receive a $100 credit. You can use this credit toward funding your own real estate deals or investing in one of their funding projects.
You can also connect with other investors who are using Do Hard Money by joining their LinkedIn group. This is a great way to network with other investors and learn about different strategies for usingDo Hard Money successfully.
Do Hard Money Success Stories
Do Hard Money provides short-term funding for real estate investors. We’ve helped thousands of investors achieve success with their investment properties, and we’re proud to have earned the trust of our clients. Here are a few of their stories.
Do Hard Money FAQs
What is Do Hard Money?
Do Hard Money is a short-term, private money lender. We fund investors who are flipping houses or buying and holding properties for rental income.
What are the requirements to qualify for funding?
There are a few requirements you’ll need to meet in order to qualify for funding with Do Hard Money. First, you’ll need to have a minimum credit score of 640. You’ll also need to have some experience with fix and flips or buy and hold investments. Finally, you’ll need to be able to provide us with a detailed business plan for your project.
How much money can I borrow?
The amount of money you can borrow will depend on the value of the property you’re planning to purchase. We will loan up to 70% of the After Repair Value (ARV) of the property.
What are the interest rates and terms of the loan?
The interest rate on our loans is 12%. The term of the loan is typically 6-12 months.
Is there a prepayment penalty if I pay off my loan early?
No, there is no prepayment penalty if you pay off your loan early.
What fees are associated with the loan?
The only fee we charge is a 5 points origination fee at closing. There are no hidden fees or prepayment penalties associated with our loans.