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Updated about 8 years ago on . Most recent reply

David S.'s profile image
David S.'s profile image
David S.
  • from Bloomington, Illinois
  • Member since Aug 17, 2017

User Stats

16
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7
Votes
David S.'s profile image
David S.'s profile image
David S.
  • from Bloomington, Illinois
  • Member since Aug 17, 2017
David S.
  • Bloomington, IL
7
Votes |
16
Posts
Private Lending & Conventional Mortgage Advice

Minimum amount to get private lenders interested

David S.
  • Bloomington, IL
Posted

Please share your thoughts...

If I want to borrow 28k from an individual looking to invest his/her funds somewhere, over a 2 year loan period, do you think a 6.5% return is enough to get someone interested? Should I alter the percentage amount or loan period?

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