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All Forum Posts by: Tom Wayland

Tom Wayland has started 2 posts and replied 5 times.

Post: New Member from Oregon

Tom WaylandPosted
  • West Linn, OR
  • Posts 5
  • Votes 0

Welcome Bryan. Where in Oregon are you? I'm in West Linn

Post: Interest Rate Hike

Tom WaylandPosted
  • West Linn, OR
  • Posts 5
  • Votes 0

Thanks Gene. I'm going to quit worrying about it then and stay focused on getting financing for my first deal.  

Post: Interest Rate Hike

Tom WaylandPosted
  • West Linn, OR
  • Posts 5
  • Votes 0

What does it mean for new investors if the Fed raises interest rates? 

Post: Hard lender terms

Tom WaylandPosted
  • West Linn, OR
  • Posts 5
  • Votes 0

Great, now what is a typical payback period? Are there typical penalties for extending beyond?

Thanks for your responses. I have a friend who wants to be my investor. Neither of us have used hard money before, so I looking to see what is typical. 

Post: Hard lender terms

Tom WaylandPosted
  • West Linn, OR
  • Posts 5
  • Votes 0
What are typical terms for borrowing from a hard lender?