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All Forum Posts by: Virginia Aucoin

Virginia Aucoin has started 1 posts and replied 1 times.

Private Lending & Conventional Mortgage Advice

Post: Private Money Lending Terms

Virginia AucoinPosted
  • Posts 1
  • Votes 0

I'm looking for a private money loan to use as gap funding for the rehab on a flip.

I need $30k and should be out of the project within 6 months.

What are fair terms to approach a lender with?

I've never done this so starting from scratch. Any direction would be appreciated. 

Side note: I've acquired the house via owner financing with a 12 month ballon.

0 Votes