Updated almost 2 years ago on . Most recent reply
Has anyone used or heard of this company? Property Funding LLC
I have received several emails from them and wondering if they are legitimate. They're offering 7-9% interest with just 1 point on Fix and Flips. I'm seeing 11-15% with 1-2 points and another $2800 in fees.
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@Scott Wolf That's a good deal! I usually just offer my Class A borrowers and/or brokers a flat 10.5% with 1 point. But I am also just a small family business with little overhead. The only thing I ask for upfront is the fee for the appraisal. 9.75% is a good place to be.