How many points should I pay on a hard money loan

[Sheri H.]

We are still looking at buying our first fix n flip. Hard Money is the only way we can finance a loan. They are typically offering 13% then want either 4 pts at closing or 6 pts at sell. We thought the points were in relation to poor credit and lower interest rates. Low interest higher pts? and vice versa..Is it fair for a HML to ask 13% + 6pts at sale when we have a credit score of 700+?

On a side note as it's a sellers market here in Fort Worth, our buyer  agent says we'll have to pay half of closing. Is this acceptable? 

we are still learning and dont want to be sitting at closing with massive fees and then when we sell we owe double commission fees too. That does not leave much room for our own profit.