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For those interested in purchasing, renovating, flipping or rehabbing a property and plan on financing a project through a hard money lender, there are a number of important things that you must know to make this deal possible. All hard money loans have different requirements. One of the recommended ways to find a reliable lender is to talk with other investors who have been successful in this venture to find out who they have relied on to fund their loans. Some of these lenders will provide the money based on the percentage of the appraised value of the property you want to rehabilitate. Other lenders will extend loan based on a percentage of the purchase price. Any trustworthy hard money lender will give you a list of your fees along with their stated terms. The terms include loan points, document fees, escrow fees, notary fees and other closing costs as well as the interest amount listed at Hard Money Lenders Online.