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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceCan someone explain what 'points' are in a private money lend?
Harry Williams's profile image
Harry Williams's profile image
Harry Williams
  • from Atlanta, Georgia
  • Member since Sep 11, 2017
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Harry Williams's profile image
Harry Williams's profile image
Harry Williams
  • from Atlanta, Georgia
  • Member since Sep 11, 2017
Connect
Harry Williams
  • Atlanta, GA
29
Votes |
130
Posts
Private Lending & Conventional Mortgage Advice

Can someone explain what 'points' are in a private money lend?

Harry Williams
  • Atlanta, GA
Posted Jul 10 2018, 15:49

If I private lend at a 12% interest rate and 4pts up front, what do the 4pts equate to?

Acquisition and refurb would be around $380-$400k total.

Note: this is hypothetical.

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