The Value of Hard Money Lending
Check out the example on a recently funded Indianapolis flip from 8/30/2018.
Purchase Price: $60,000
Renovation: $51,900
After Repair Value: $213,000
Longhorn Investments was able to cover 100% of purchase and renovation cost. The borrower brought $6,199.55 to closing.
It cost this borrower $6,000 at closing to make a gross potential return of $65,000!!! That is an amazing return on investment.
What has been your biggest success with hard money lending?