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Updated about 3 years ago,
When using hard money loans what’s the avg ROI for the investor
Hey guys so I have someone who’s looking to invest with me and let me use $30,000 of their money.
My question is what’s the average return on investment? My plan is to paint a good and clear pic on what to expect and how much of a return he’ll receive.
My next question is when talking to him initially he mentioned he like getting his money back fast. Is Brrr a good strategy to use in this situation ? I’m located in Connecticut and really want to make a good impression.
All opinions and recommendations Are appreciated in advance thank you !