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Updated about 11 years ago on . Most recent reply

Matt Bartels's profile image
Matt Bartels's profile image
Matt Bartels
  • from Mandeville, Louisiana
  • Member since Sep 22, 2013
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Matt Bartels's profile image
Matt Bartels's profile image
Matt Bartels
  • from Mandeville, Louisiana
  • Member since Sep 22, 2013
Connect
Matt Bartels
  • Mandeville, LA
1
Votes |
5
Posts
Private Lending & Conventional Mortgage Advice

Private Money Lending offer

Matt Bartels
  • Mandeville, LA
Posted

Hello everyone, I was approached by an investor friend who needs funds to close a deal. He's asking for $175,000 for 20 days he will pay me 2 points or 2% of the loan for the short term use of the funds. My question, is this a fair offer or should i negotiate a better rate of return?

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