Private Money for flips

[Ty Kashmiry]

How much in interest is the going rate for private money on a flip ?

[Ryan Landis]

@Ty Kashmiry I would imagine you should get interest at 10% right now. The loan amount is a big deal ($50K loan at 10% interest is not worth it without some points, $1,000,000 loan at 10% is a good amount of money).

So to answer your question, I would expect 1-4 depending on loan size and somewhere between 8-12% if you aren't doing something out of the ordinary.

That being said, I don't know your backstory and experience so that will be a huge factor (as well as your personal bank roll).