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Updated over 13 years ago on . Most recent reply

User Stats

44
Posts
31
Votes
Brad B.
  • Contractor
  • Arcade, NY
31
Votes |
44
Posts

Interest Rate Question

Brad B.
  • Contractor
  • Arcade, NY
Posted

So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.

I am in the process of doing a loan for approximately $65k. It will be paid back over a 24 month period. It is, for all intents and purposes, unsecured.

What's a fair interest rate?

Thanks

Most Popular Reply

User Stats

849
Posts
544
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Loc R.
  • Note Investor
  • Pasadena, CA
544
Votes |
849
Posts
Loc R.
  • Note Investor
  • Pasadena, CA
Replied

Without collateral, there is NO interest rate/rate of return that would be suffice for my tastes.

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