current Hard/private money terms for Sacramento CA

[Jeff Thompson]

FROM MODERATOR: THIS THREAD IS FOR DISCUSSION OF CURRENT RATES ONLY. ANY OFFERS TO ACTUAL MAKE A LOAN, INCLUDING STATEMENTS SUCHS AS "OUR COMPANY DOES..." WILL BE REMOVED.

Hi, I'm looking for what to expect for hard money in Sacramento California. I would like to do flip-into-rentals and am wondering expected points and rates in three scenarios in regards to the planned refinancing.

Refinance at 70% LTV no seasoning - 6 month hard money term

Refinance at 75% LTV 6 month seasoning (2% better rate), 1 year term.

hold 'long term' with hard money, 2+ years.

I don't have a deal lined up to apply with yet, but I'm looking to do so soon. Although I'm just starting out, my personal income/credit/cash reserves are excellent and I'll be working with an experienced project manager.

Thanks,
Jeff