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Updated almost 4 years ago,

Alexandria Harden's profile image
Alexandria Harden's profile image
Alexandria Harden
Agent
  • Real Estate Agent
  • from San Antonio TX, USA
  • Member since Aug 24, 2017
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44
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10
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Alexandria Harden's profile image
Alexandria Harden's profile image
Alexandria Harden
Agent
  • Real Estate Agent
  • from San Antonio TX, USA
  • Member since Aug 24, 2017
Connect
Alexandria Harden
Agent
  • Real Estate Agent
  • San Antonio TX, USA
10
Votes |
44
Posts
Private Lending & Conventional Mortgage Advice

Interest calculations on hard money ?

Alexandria Harden
Agent
  • Real Estate Agent
  • San Antonio TX, USA
Posted

I am looking into getting a hard money loan for the first time and was wondering how to calculate the interest to make sure the deal is still a good deal after there interest. Rough numbers are it’s a 2 building 10 unit in total for 340,000. Cap rate of 14%. Any advice helps.

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