private lenders finacing

[Brian Osipovitch]

 I apply for fundind from  a private lender  and they want upfront fees  is this normal or should i look out  and there charging low interst rate

[Shiloh Lundahl]

@Brian Osipovitch That sounds more like hard money than private money. Hard Money lenders are usually more sophisticated and professional in the way they lend money. Private money lenders are usually people who don't lend money professionally.  They are usually people you already know who have money and they want to invest their money with you in what you are doing so they aren't very familiar with charging points or getting interest paid upfront at closing or those sorts of things.