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Updated almost 7 years ago on . Most recent reply
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Investors: What Interest Rate to you expect on your Hard Money?
I have dealt with many hard money lenders and usually see about 11-12% interest just starting off. That doesn't include the 3 points at closing and additional closing costs, etc.
They all seem to be about the same. Wondering if anyone can recommend a company or has been enjoying better rates.
Most Popular Reply
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Get private money. Usually better terms. I get it between 6%-7% and no points.