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Updated over 3 years ago on . Most recent reply

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19
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Clint Rasberry
  • Flipper/Rehabber
  • Jones, AL
11
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19
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CoC return on hard money loans

Clint Rasberry
  • Flipper/Rehabber
  • Jones, AL
Posted

If I had money to lend say $100k for 6 months for a return of 10k appropriate 

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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
3,496
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4,188
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
Replied

@Clint Rasberry

If it’s your personal money then you would be a private lender. If you prorate the percentage out on an annual basis that’s a 20% return for 6 months.  A great return for you, but probably not to many people will take that deal.  If you were around 12% and maybe charge a point or two, I think you’ll get some takers.

  • Kenneth Garrett
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