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Updated almost 13 years ago,

Dan Krause's profile image
Dan Krause's profile image
Dan Krause
  • from Michigan
  • Member since Nov 12, 2009
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289
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12
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Dan Krause's profile image
Dan Krause's profile image
Dan Krause
  • from Michigan
  • Member since Nov 12, 2009
Connect
Dan Krause
  • Michigan
12
Votes |
289
Posts
Private Lending & Conventional Mortgage Advice

Hard Money loan question?

Dan Krause
  • Michigan
Posted

Say for a $100,000.00 single family home what is the typical timeframe for paying back the loan? Is'nt it in the 6 month timeframe? What are the monthly payments like required by a hard money lender? Is the actual property (being bought) the only collateral required for a hard money loan?

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