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Updated almost 6 years ago,
Help me analyze - Have I accounted for the Hard money correctly?
*This link comes directly from our calculators, based on information input by the member who posted.
I want to make sure I have accounted for the hard money correctly.
Hard money terms are:
The will give me 70% of purchase price
12% interest for 6 month term
2% fee ( i think this is financed into the loan)
Where do I account for these fees in the calculator?