Quote:
Originally Posted by roastbeef
Quote:
Originally Posted by Alvinized52
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.