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Updated over 7 years ago,
Hard Money vs Private Money
Hey BPers,
I am in the process of planning out my first flip and need some help with fully understanding how both hard money and private money works. I know the basics but can anyone tell my what the typical structure is for both hard money and private money? An example would be helpful! I am looking in the $300-500k range plus an additional $50-100k for the rehab. We would likely bring 20% to the table. Any help on this would be great, thanks everyone!
Kyle