View Single Post
      05-16-2019, 12:01 PM   #153
bimmer456
Brigadier General
1673
Rep
4,662
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

Quote:
Originally Posted by roastbeef View Post
Quote:
Originally Posted by Alvinized52 View Post
Yep. But Rates are way too high for hard money.. 10-13%. Hence, im going this Heloc options first
i'm in a real estate investors group on fb and occasionally a private money lender will post up offering 5%. i'm not sure what their complete terms and conditions are. seems cheap for private money though.
Helocs are good for flipping properties. After the intro rate they start to get expensive so it's best to pay it off before then and start over with a new heloc and intro rate.