Hard Money Lending / Expenses and holding cost for BRRRR?

[Terry Lashley]

Hello everyone, my wife and I have been analyzing multiple properties and we are approaching the point where we will need to find the cash to get our BRRRR method started. Question #1 What are the financing fees associated with purchasing a pre-foreclosure using hard money? approximate monthly rate for a hard money loan on 150K all in.. I'm trying to calculate my holding cost and expenses to add these amounts into the budget so we are actually zero out of pocket. If someone would help we would greatly appreciate it.