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Construction Loans are complicated, what additional questions do you have about them?
Great video and overview of the Construction Loan process.
Thanks! I'm glad you liked it
Well Explained..Thank you!
Great video. In general, how long do you have in order to pay it back? And at what rate? Thanks
Hey Jon, most hard money loans are for 12 months, but there are longer-term loans if you think you need more time (usually up to 5 years). Rates vary depending on your experience but they're generally in the 8-9% range.
@@seanlovesrealestate Thanks!
Construction Loans are complicated, what additional questions do you have about them?
Great video and overview of the Construction Loan process.
Thanks! I'm glad you liked it
Well Explained..Thank you!
Great video. In general, how long do you have in order to pay it back? And at what rate? Thanks
Hey Jon, most hard money loans are for 12 months, but there are longer-term loans if you think you need more time (usually up to 5 years). Rates vary depending on your experience but they're generally in the 8-9% range.
@@seanlovesrealestate Thanks!