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What fees are associated with hard money lenders?
I need to know what fees are associated with hard money lenders from beginning up to the close on purchase. I know the percentage after the sale but what will I pay to get the loan.
Terms will vary quite a bit. With no experience, I would expect to pay 12-15% and 3-5 points. I'm not sure what you mean percentage after the sale. You don't have to do any kind of equity split with your hard money lender.