Hey! I'm completely new to this and I'm not even sure I'm posting this in the right place - what are typical hard money rates you've gotten for a Fix and Flip or ground up? Specifically in Arizona if possible. Just doing research and seeing what's out there.
Investor · Phoenix, AZ · Member since 2010 · 79 posts · 27 votes
5y
10-20% down, 9-12% Interest only, 6-12 month term. Fees our lender specific there could doc prep fees, loan origination, etc. I go with lenders with no fees but will take the higher interest rate as I'm out of my deals pretty quick.