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Updated over 8 years ago on . Most recent reply

Sean Salandy's profile image
Sean Salandy's profile image
Sean Salandy
  • from Kent County, Delaware
  • Member since Jan 19, 2014
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Sean Salandy's profile image
Sean Salandy's profile image
Sean Salandy
  • from Kent County, Delaware
  • Member since Jan 19, 2014
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Sean Salandy
  • Kent County, DE
22
Votes |
147
Posts
Buying & Selling Real Estate

Typical Hard Money Loan Fees

Sean Salandy
  • Kent County, DE
Posted
What are some of the typical hard money fees I can expect to pay on a hard money loan? I have an offer from a company that has a commitment fee, valuation fee,etc. Thanks
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Christopher Blanco's profile image
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Christopher Blanco
  • Real Estate Consultant
  • from Cleveland, OH
  • Member since Oct 21, 2016
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Christopher Blanco's profile image
Christopher Blanco's profile image
Christopher Blanco
  • Real Estate Consultant
  • from Cleveland, OH
  • Member since Oct 21, 2016
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Christopher Blanco
  • Real Estate Consultant
  • Cleveland, OH
345
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511
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Christopher Blanco
  • Real Estate Consultant
  • Cleveland, OH
Replied

I am using Lina One Capital for my first flip. they are charging 3.5 pts and 12% interest. their only fees are a $10 flood cert, $25 credit. Each flip you do with them the rates and points go down. 

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