Flippers Only Question - Hard Money - CA

[Adrian Peterson]

Does your hard money lender offer better terms? I have a hard money lender that I use and have the following terms:

1. 90% LTV @ 12 months - no prepay penalty (straight purchase only)

2. 2 Pts

3. 9.5% Interest Only

4. Lender admin fees: $1,500

5. Credit Review: $55

6. Lender Appraisal: $500

7. Lender wire fees: $45

8. Lender Carrier fees: $50