Repayment Plan
How does the borrower plan to repay the loan? The hard money lender will want to clearly understand, and have confidence in, the exit strategy.
Viability
How well thought out is the repayment plan? What is the likelihood of the plan succeeding? What could occur to derail the plan?
Timing
When does the borrower anticipate repaying the loan? How confident is the lender that date can be met? Does the loan maturity date allow for hiccups in timing?
Backup
Does the borrower have a backup plan in case Plan A fails?
This is a sample exit strategy letter. If you want to read , 