Do most fix flip loans charge points?

[Christine Bruno]

Hello all: I’m fairly new to the flip world, currently on my fourth project. I used private funding up until now where I took out a fix and flip loan. 12 months @ 11% with 4pts. Is this typical or can someone recommend a good, reasonable lender who I can build a secure relationship with? I’m planning on continuing in the flip business and hoping to have several projects running at one time and want to have that loyal lender readily available. Thoughts, advice and recommendations are greatly appreciated. Warmly Christine.