Updated about 5 years ago on . Most recent reply
Considering a private money lending opportunity
Considering a private money lending opportunity with a local developer in Austin, what rate of return would be considered reasonable?
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Greg Dickerson
#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
It depends on the deal. Lot's of factors to consider like security, capital stack, type of deal, location, length of time the cash will be out, experience and track record of the developer etc. That being said 6-10% is the range right now in the current interest rate environment.