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Updated over 11 years ago on . Most recent reply

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Jim Farrell
  • Clarksville, MD
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Current Hard Money Terms

Jim Farrell
  • Clarksville, MD
Posted

OK, I know I'm probably asking a question where the best answer is "It depends". However, I'm wondering what hard money terms YOU might consider for a $100K loan on a SFH rehab, with an expected in and out term of 9-12 months? I don't have a specific scenario to propose, but I figure instead of asking "What are the current market terms, i.e. rate and points, for a hard money loan?", I'd pose the above question to experienced hard money lenders.

Thanks!

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Guy Gimenez
  • Investor
  • Corpus Christi, TX
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
Replied

@Jim Farrell 

If you'd like to place it with me, I'll gladly accept.  I'm just that kind of guy. 

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