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Updated almost 12 years ago,
Hard money lenders: What percentage of a deal do you generally fund?
What percentage of a total deal will you fund on most deals? For example... I have an opportunity to buy a house for 200K that needs 50k of rehab. I'll hope to then sell it for 300+k after all's said and done.
Are you generally funding 50% of the home purchase? Just the 50K for the rehab? The whole 250k?
I'm sure this depends on the person & their experience. But just wondering what might be typical.
Thanks in advance for your expertise!