Private, Hard Lender Questions???

[Marcus J Richardson]

Hello,

I have a couple of questions i would like to ask about using a Hard Money Lender and a Private Money Lender.  First i would like to know at the closing does the hard money or private lender also go to the closing table? or do they get sent the funds? Also if i am doing prehabs and the house sells in a shorter time frame than expected do i give them less interest? or if the interest is 12% i give them 12% interest no matter how long i have the property?