Eligible borrower
- Corporation, LLC, partnership or other approved business entity
- Entity in good standing and authorized for the transaction
- Identifiable principals and beneficial owners
- Personal guaranties when required
QUALIFICATION FRAMEWORK
We underwrite the sponsor, the asset and the exit.
Hard money is not no-document money. Fast execution depends on prompt, accurate documentation and a transaction that remains defensible after diligence.
Business-purpose certification required
Every borrower must confirm that proceeds are for a business, commercial or investment purpose and not personal, family or household use.
Collateral and basis
- Eligible non-owner-occupied or commercial real estate
- Defensible purchase price and value
- Acceptable lien position and title
- Insurance and property condition appropriate to the risk
Execution capacity
- Relevant experience or a qualified operating team
- Documented equity and liquidity
- Detailed scope, budget and contractor support
- Realistic schedule with contingency
Repayment strategy
- Market-supported sale plan
- Credible refinance or permanent takeout
- Stabilization plan supported by rents and expenses
- Secondary protections appropriate to the transaction
INITIAL DOCUMENT CHECKLIST
Prepare the file before speed becomes critical.
Additional documentation may be required based on state, property type, amount, construction scope and capital source.
- Executed purchase contract or payoff statement
- Formation documents and good-standing evidence
- Operating agreement, bylaws or partnership agreement
- Borrowing and guaranty resolutions
- Government identification for principals
- Schedule of real estate owned
- Renovation scope and contractor budget
- Entity and guarantor liquidity evidence
- Insurance contact and proposed coverage
- Rent roll, leases and operating statements when applicable
- Exit strategy and supporting takeout assumptions
- Title, survey and third-party reports as requested
COMMON EXECUTION RISKS
Issues that can slow or stop a transaction.
Unclear business purpose
Personal, household or owner-occupied use is outside this website's scope.
Unsupported value
Projected value must be supported by market evidence and a feasible scope.
Incomplete entity authority
Ownership, signing authority and beneficial owners must be documented.
Insufficient liquidity
Equity, closing costs, contingency and carry must be credible.
Unrealistic timeline
Permits, title, construction and resale often take longer than projected.
Unverifiable exit
A refinance or sale assumption must align with market and underwriting reality.