Hard money is real solution for crises because of its short term funding. It is based in the equity and property rather than qualification of the borrowers. Hard money lender did not only survive the worst crises in the history of country but never stopped lending money during the worst time of market.
Develop relationship with a LOCAL hard money lender and get funds within a couple days. They do not ponder about credit score of the borrowers their application system is very fast to complete the process. Sometimes no need of appraisal or other costs required (except for origination fees of course).
Different HML’s have different requirements and protocol. Local HML only charges 12% interest and 1 point origination. Now the typical HML will charge somewhere right around the usury rate. HML’s loan is not based on your credit score (especially with local lenders) or at least not on your credit worthiness (assets and income), funding can be receive within a matter of days (about 7-14 days) rather than 30 days+, get a loan on any piece of junk that find.
No need to deal with a processing team. Deal directly with an individual lender. No business can be drown because of low funding welcome to prosperity and good bye to adversity
My Hard Money School 