Flip Loans / Hard Money Loans / Private Financing

[Brett C.]

I am curious to what you folks think would be your ideal financing to help you leverage a deal.

For instance

55k House 100k ARV
70% LTV on ARV
15k in Cash Remaining
Plus Money for Repair Escrow

What I am trying to structure is 6 points(sliding scale with volume) and 12% Interest only. Balloon Payment at 2% of Loan Value or six months interest in full, which ever is less.

It is designed for a 6 month run. I am planning to use it as a tool of leverage, and do 3 properties at the same time. My ROI on a deal like this is almost double the output.

Is this something you folks would advise to do for an experienced investor?