Hard Money
100K borrowed - typical lender gets 10pts = 10,000
and lender gets 16-18% per year?= another 16,000
In one year lender makes 26,000 on 100K protected with property 60-70 loan to value?
How do you go about being a lender - are there licensing requirements etc. I am in the State of Florida
Hi Fire580,
Unfortunately I can't help you with your question as I am a newbie and still learning as much as I can, but my question to you is, do you know of a good real estate investment club in the Winter Springs/Oviedo area? Thanks in advance.
Hi Fire580,
Unfortunately I can't help you with your question as I am a newbie and still learning as much as I can, but my question to you is, do you know of a good real estate investment club in the Winter Springs/Oviedo area? Thanks in advance.
Hello QyitStorrm - no, myself being new I haven't heard of one yet... but I do know there is a large one out of the Winter Park area
Fire580
Thank you for the info, I will check it out and pass on any info.
Thank you again.
You should be able to find the info that you need at this site. http://www.dbf.state.fl.us/licensing/
thanks for the input Lacashman