Hard money or Private money

[Antonie E Fields]

Good afternoon BP family, I have a question about hard money? Has anyone dealt with these types of loans and what was the fees for the acquisition and how much were the fees for the rehab if they financed the rehab as well? 

[Odie Ayaga]

@Antonie E Fields probably closer to 10-15% now and points are paid at closing. Interest is paid monthly. Whether you would pay on the purchase price or purchase plus rehab depends on the lender