Funding Confusion

[Kelei Turner]

I am in the process of trying to fund 5 homes for investment purposes in my LLC. I am currently working with someone who is giving me rates over the phone but nothing in writing. I have good credit, decent down (around 30% available for 700K) and assets in the LLC name. Is 70% LTP and 5.5% interest with 2 points solid? What should the down be if not? He also offered me a hard money loan at 9% and 4.5pts and 75%LTV. Im so confused and my properties are already in escrow. Can you offer any advice?