Short-term (0-3 years) Lending Options

[Shadman Uddin]

What shorter-term lending options are available to smaller real estate investors and what are the terms that are generally available (max lending, interest rate ,security, etc.)? 

[Issac San Miguel]

Most hard money is going to be 6-18 months, anywhere from 9%-15% interest only for fix and flip.  

Currently, the most experienced investors are enjoying 85% LTC
Average investors are being offered anywhere from 75%-85% LTC
Beginner investors - 75%-80% LTC

Security will usually be 1st position lien against the property - few lenders allow 2nds.