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Updated over 14 years ago on . Most recent reply

User Stats

160
Posts
35
Votes
Kristian Peter
  • Investor
  • San Diego, CA
35
Votes |
160
Posts

Private Money Terms - Short Term Funds

Kristian Peter
  • Investor
  • San Diego, CA
Posted

CA Short Term Loans (90 days) -

Has anyone found private money for very short term financing for single-family homes? If so, what are the terms?

I've heard from several people that there are lenders doing 2-3 points and 12% on 65% LTV - but I have yet to find a lender that will fund with anything close to those terms. Even if the terms are extremely short, 3 months...

Anything that you can share will be helpful!

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