Hard Money Lender

1 Reply

meeting with hard money lender Monday , I have 4 properties I'm showing them to acquire funding for my 1st rehab and flip.Need Advice

Make sure there is enough of a spread from how much you borrow and how much the home is worth and should sell for. 

I would not pay more then 5% loan origination fee and 1% monthly interest only.  

I would only partner with a hard money lender if there was a decent enough spread and they were not charging any points of fees. 

Good luck