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Updated almost 6 years ago on . Most recent reply
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Does this sound like a good loan
I am going to be buy a property using a private lender, we agreed agreed to 20% down payment, he’s covering 100% of the purchase price and the rehab, with 15% does this sound like a bad deal it’s my first property.
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@Anthony Capaldi
Mate 10% interest from a private lender in a deal you have little skin in, and what’s potentially your first deal, is sensational! If he wants to lend more money send him my way! Haha