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Updated over 1 year ago on . Most recent reply

User Stats

15
Posts
7
Votes
John Paulus
7
Votes |
15
Posts

Has anyone used or heard of this company? Property Funding LLC

John Paulus
Posted

I have received several emails from them and wondering if they are legitimate.  They're offering 7-9% interest with just 1 point on Fix and Flips.  I'm seeing 11-15% with 1-2 points and another $2800 in fees.

https://propertyfundingllc.com/

Most Popular Reply

User Stats

16
Posts
5
Votes
Brandon Rich
  • Lender
  • Woodstock, GA
5
Votes |
16
Posts
Brandon Rich
  • Lender
  • Woodstock, GA
Replied

@Scott Wolf That's a good deal! I usually just offer my Class A borrowers and/or brokers a flat 10.5% with 1 point. But I am also just a small family business with little overhead. The only thing I ask for upfront is the fee for the appraisal. 9.75% is a good place to be.

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