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Updated over 8 years ago,
how much money do you make on hard money?
Hi there
I'm currently looking at buying some properties but during this process i've been thinking about hard money loans for others.
Can anyone give me a sense of how much you can make on a hard money loan. What i mean by this is if i give my money to a hard money lender and they lend it out.
I wouldn't want to be involved in the screening process etc - just give the money and get the return.
I realize the lender will take a cut, so taking all that into account, what would the return be on say $100k?
Thanks very much
Rudi