Wondering what typical rates are for hard money lenders? It depends on several variables. Your experience, how much money you're putting into the deal, who's funding the repairs, loan-to-value, credit, foreclosures, bankruptcies, and collections.
Basically, the lower the risk, the more likely you are to get the hard money loan. The better the deal is, the less it's going to be. Each situation is different, though, so I've got some ways to help you figure out what works with your situation.
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House flipping and real estate investing can be challenging for first-time real estate investors, and that is why DoHardMoney.com was created. As a leading hard money loan provider, we excel in not only providing funding when other hard money lenders won't, but we give our members tools, software, contracts, and expert help to be successful.
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By: Do Hard Money - Ryan G. Wright
Title: What Are Typical Hard Money Lender Rates?
Sourced From: www.youtube.com/watch?v=PZwPwzUhVy0
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