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Updated about 1 month ago, 10/24/2024

Tasha Smith's profile image
Tasha Smith's profile image
Tasha Smith
  • Rental Property Investor
  • from Champaign, IL
  • Member since Sep 16, 2024
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User Stats

10
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13
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Tasha Smith's profile image
Tasha Smith's profile image
Tasha Smith
  • Rental Property Investor
  • from Champaign, IL
  • Member since Sep 16, 2024
Connect
Tasha Smith
  • Rental Property Investor
  • Champaign, IL
13
Votes |
10
Posts
Private Lending & Conventional Mortgage Advice

Private Money lender - potential costs/fees?

Tasha Smith
  • Rental Property Investor
  • Champaign, IL
Posted

Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outside of management fee and interest that are part of the terms? Ex. Attorney? Appreciate your insights.

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