80% LTV Interest Only Rates

[Chris Haas]

I know, I'm going to get a lot of it depends answers, but if that is your answer please give me for example....my deal similar to yours was x points, x% etc etc.

I've been networking and have some potential deals where I would be a lender for an investor.  For round #'s sake, assume this example:

Purchase Price $100,000
Lending $80,000
Repairs Required $7,000-10,000

ARV $145,000

What type of points/rate combinations would you say is competitive, meaning a good deal for the borrower when the lender isn't a best friend.  Estimated loan length 6-12 months until rehab and refi (they want to rent it out not sell it)