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Updated about 10 years ago,

Westin Hudnall's profile image
Westin Hudnall's profile image
Westin Hudnall
  • Investor and Real Estate Agent
  • from Maize, Kansas
  • Member since Apr 21, 2014
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270
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53
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Westin Hudnall's profile image
Westin Hudnall's profile image
Westin Hudnall
  • Investor and Real Estate Agent
  • from Maize, Kansas
  • Member since Apr 21, 2014
Connect
Westin Hudnall
  • Investor and Real Estate Agent
  • Maize, KS
53
Votes |
270
Posts
Buying & Selling Real Estate

What are the out of pocket costs with a short term hard money loan ?

Westin Hudnall
  • Investor and Real Estate Agent
  • Maize, KS
Posted

Hypothetically if I needed $120k for 1 month and borrowed at 10% 

Would my out of pocket be $12000/yr or $1000 for 1 month ? Are there any other fees?

Thanks in advance for the advice

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