Do private lenders/HML do 30 year loans?
I know private and HML do short term loans to have permanent financing put in place by a bank after rental is renovated/stablilized.
Do private or HML also provide permanent financing such as a 30 year mortgage. If yes, what are the rates?
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I once loaned a friend $1500 and I expect that I will never see a penny of it back. So that's theoretically an infinite number of years I guess.