Hard Money... What will my money costs be?

[Ricky Cassidy]

Using Hard Money... When can I refinance?

For example:

I buy a home for 100,000 cash using hard money. I do a light rehab using my own money. I find a tenant and have the home reappraised. How long can I expect to be paying interest on the hard money loan before getting a conventional loan? I understand it will be differnent for different loan applicants, I just want to have an estimate to use for running numbers and evaluating potentional investments. In short, how do I accurately estimate money costs?