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Updated over 1 year ago on . Most recent reply

Mark Bringas's profile image
Mark Bringas's profile image
Mark Bringas
  • New to Real Estate
  • from Charleston, SC
  • Member since Jul 16, 2021
  • Posts 3
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  • Experience 2 Yrs
  • Investments 1
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Mark Bringas's profile image
Mark Bringas's profile image
Mark Bringas
  • New to Real Estate
  • from Charleston, SC
  • Member since Jul 16, 2021
  • Posts 3
  • Votes 0
  • Experience 2 Yrs
  • Investments 1
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Mark Bringas
  • New to Real Estate
  • Charleston, SC
0
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Land & New Construction

Is Interest Rate on Construction Loan 8% Worth it?

Mark Bringas
  • New to Real Estate
  • Charleston, SC
Posted

I got pre-approval for a construction loan for 8% qualifying rate (not final).  What is the current going rate these days ?

How much is too much ?

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Barry Ruby's profile image
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Barry Ruby
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  • from Boulder, CO
  • Member since Feb 25, 2018
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Barry Ruby's profile image
Barry Ruby's profile image
Barry Ruby
  • Developer
  • from Boulder, CO
  • Member since Feb 25, 2018
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Barry Ruby
  • Developer
  • Boulder, CO
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Barry Ruby
  • Developer
  • Boulder, CO
Replied

@Mark Bringas

Too much = when the deal doesn’t work

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