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What kind of interest rates and loan durations can I expect to find with a hard money lender?
I understand they typically run high, but how high? Is there a standard?
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They close quickly. Aren't shopped like REO packages and are great product to have in an investment portfolio.
Have any of you done them? What has your experience been?
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Investment Info:
buy & hold investment.
Purchase price: $1,325,000
Cash invested: $450,000
Sale price: $2,349,000
Great cash flow investment in Seattle. Incredible cap rate and amazing loca...
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Hi All,What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.While using the rental caculator, I had to go way down on the purchase price ( to get at least 10%...
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Considering some HELOC arbitrage and essentially buying next rental property with practically “no money down.”AHP Servicing: 10% preferred returnCurrent HELOC Rate: 4.49% variableAHP net return: say 7.5% (after taxes ...
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Hey all,I'm a long time reader, and now a first time poster. I had a question specific to my current situation that I was hoping to get feedback on. I've found variations of this question posted in the past, and have ...
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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
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What is the going rate for Hard Moneylenders to charge? Atlanta GA area.
Hard Money vs Loans, what's more beneficial and why?
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I’m looking for a reputable Private Lender or Hard Money Lender in the New Orleans area to fund a fix and flip single family property.
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Hello, I'm just following up on my last post since a couple of folks have asked for an update. The SLF Income Fund I (Bond) has been paying all interest on my multiple investments and has done so on time for each inv...