What rates are you paying for HML?

[Rolanda Eldridge]

Fellow BP, I know this varies by market, but what rates are you paying for HML?

Working some deals...A) Resell deal all in 40K ..ARV $65-$69k

1. Rate 15% with 5 points 65% LTV.. No money out of pocket

2. Lend 25K, I need to bring 15K .. Pay 5K after resell..

I usually buy/ hold or sell owner financing so this will be first "FLIP"

Any input appreciated....

Thx