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Private Lending & Conventional Mortgage Advice

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Jason Jorgensen
  • Lakewood, CA
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Hard money lending

Jason Jorgensen
  • Lakewood, CA
Posted Nov 4 2016, 13:38

I am a general contractor who is new to fix and flipping. I have a client of mine looking to invest. The property that I am looking at requires about $275,000 (purchase, and construction costs) what kind of return is he entitled to? what is the going rate? I live in southern California if that makes any difference. and does my proffit on the project have anything to do with his return? thanks for you time

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