private money lending

[Chris Brall]

Of course you as the borrower want less and the lender wants more. Around me 2 Pts and 12 percent interest seems pretty common.

 was a answer to my question about typical interest to private lender . my question is when do I give the points is it before the private money is loaned or is it in the end when I cash them out? 

Thanks Chris.

[John Powell]

I've seen both. On the front side you are paying interest on the points or paying them out of pocket. On the back side you have to pay more that the balance to pay off the loan. I'd ask the lender when are points paid.