How to accurately estimate hard money costs?

[Andre Brasser]

From reading BP articles and listening to BP podcasts, I’ve learned that hard money costs will be dependent on the project, not the individual’s income or credit score. Therefore, you won’t know how many points or what interest rate you will be charged until after the deal has been reviewed. How can you accurately put together a proposal (in particular the cost of money section) without knowing the points and interest ahead of time? Do you use the “average” points and interest charged? Seems like a chicken or the egg problem here. I want to submit a professional and accurate estimate ahead of time but won’t know some of the variables until after I’ve submitted the proposal.