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Updated about 9 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Dan Carlini
  • Contractor
  • Windsor, Ontario
3
Votes |
17
Posts

Interest on private money

Dan Carlini
  • Contractor
  • Windsor, Ontario
Posted
I hear a lot on the podcasts about real estate investors (in the US) finding private money at 8-12% interest. That seems rather high to me. My business partner and I are working on a plan right now and trying to decide how much we should offer those willing to invest with us. I figure a couple points above prime would peak interest with out having to go double digits. Any input?

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