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Updated over 8 years ago,

User Stats

8
Posts
0
Votes
Theresa Coutu
  • Investor
  • Great Falls, VA
0
Votes |
8
Posts

Rate Reality Check

Theresa Coutu
  • Investor
  • Great Falls, VA
Posted

We are just starting out using our Self Directed retirement funds loaning to a group with a long, successful history. In providing a second position loan for gap funding, we are thinking of asking 16% and 4 points. We've seen higher. Would like to add another 2 points after 6 months on a 12-month loan. Is this reasonable?