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Updated over 17 years ago,
What Is a Good Interest Rate on Rehab Loan?
Can anyone tell me what a good interest rate will be on a rehab loan? What would you consider too high. What would you consider a great deal? Also, I have some commercial property valued at $50,000. Would you suggest I put this up for collateral for this rehab? I need around $25,000 to do the rehab.
Thanks,
Nancy