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All Forum Posts by: Justin Farrar

Justin Farrar has started 1 posts and replied 1 times.

I'm considering lending money for a house flipper to do her thing. 

I would like input on interest rate I should charge.

Here are the details:

THIS WILL BE A SECOND POSITION LOAN behind an 80% loan from private money.

Purchase: $350K

Rehab: $38K

ARV: $450K

Hold time: 3-6 months

Any input is appreciated!