Expected Interest Rate and Mortgage Points/Fees - 3 Month BRRR Loan
I am looking at my first real estate investment in the Clearwater Florida area 33756 zip code in Pinellas County. It’s a 3/1 home 846 sq ft. Purchase price is $158K and needs 50K in rehab. Short term loan (3 months) for home and rehab = $203K.
What could I expect to have as current average loan interest rate and points/fees if I am a new accredited investor with excellent credit? Thanks.