Hard money landers questions

1 Reply

Hello,
Fist time using hard money landers. How much does it usually cost to get a hard money loan? ( fees, up front cost, etc.)

Who decides the ARV (after repair value) of the property I want to purchase?

Is it anything that I have to hbe careful with hard money landers?

Any good referrals for hard money landers? thank you!

about 10% for 6 months (they all find a different way to get about that)

They will conduct their own appraisal

Yes, that they will close and not change terms on you last second. Make sure to get references and ask around on this site to see if anyone has had a bad experience.

Good Luck!

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