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Updated over 9 years ago on . Most recent reply

TJ Cameron's profile image
TJ Cameron's profile image
TJ Cameron
  • from Brandon, South Dakota
  • Member since Nov 22, 2015
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TJ Cameron's profile image
TJ Cameron's profile image
TJ Cameron
  • from Brandon, South Dakota
  • Member since Nov 22, 2015
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TJ Cameron
  • Brandon, SD
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Multi-Family and Apartment Investing

What are Realistic terms in South Dakota for hard money?

TJ Cameron
  • Brandon, SD
Posted

My prior post was deleted, so let me ask this in a different way:

What are realistic hard money financing terms in South Dakota for multi family purchases or construction?

What interest rate would attract lenders? 

(6-9%?)

How long of term? (5 year with balloon?)

Realistic LTV? (Would 90%+ work?)

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