Does that sound high or should I keep shopping?

Here are some questions to ask when shopping around for a hard money loan:- What % of the ARV is leant out (e.g. 75% of ARV for rentals, 70% for flips)- What is the interest rate?

Dry cleaners, auto repair shops etc.Be sure to do your due diligence on the tenants thought for anything this size.

If you have the financing in place you can wrap the deal up and not worry about shopping around for a loan.

Here are a few particulars.2/1 single family homeApproximately 950 sqfB-/C+ neighborhood Great school district  (Cobb County)1 1/2 acre lotShort distance to shopping areasInterior down to studs (as seen from the street since the front door is open as well as windows)I have gone through county records and identified the owner.

Colony American Finance is great...

You may have a hard time finding an institution that will lend to you given you the complete ability to purchase the property in your entity due to the short existence of your entity and lack of collateral in your portfolio but shop around some smaller lending institutions may be more willing to lend to you under those terms. 

A lot of the options mentioned above are great tools to use but definitely consider an option that presents a one-stop-shop for collecting rent as well (and has faster payment processing).

I'm shopping in Lansing, MI for my first rental property and have found a duplex that looks like a great deal to me.

Some SEO consultants can help with this in one stop shopping but then you have to ask yourself how much control do you want on the quality of content on YOUR website