Updated over 6 years ago on . Most recent reply
How do i know I'm getting a Great Deal w/ HML?
My wife and I are newbies in this Real Estate investing and we are looking to rehab and sell properties. A HML is offering me 30% Down on a 150k Stated Loan with a possible 7 to12% interest loan. We currently have a low credit scores due to little to no credit history but have over 125k in cash reserves. We don't know if its a good deal or what questions to ask or what to look for. Can someone help us understand? We are very grateful for any advice. God bless!
Most Popular Reply
If you credit score is low,that not terrible for hard money, I have seen a lot higher, how many points is he charging?