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Updated about 8 years ago,
What Terms Are You Getting For Private Money?
Hello all,
I'd like to know what would be considered "good" terms on a private money loan.
I am in contact with a hard money lender who's terms are 9.75% interest and a 1.75% fee.
Do you get considerably better terms with "private lenders"? Is it worth the effort of finding these "private lenders", or are their rates comparable to those above?
Thanks in advance,
Nick