4d • General
POH private lenders
Is anyone having success getting private investors to put up money for POH/infill? What rate are you paying?
We have been using banks for much of our infill but they require paperwork, origination fees, and high interest fees on a per home basis. I would rather get a private money lender at $100k-$1M and pay 7-9% interest, but the people I've been talking to want like 15% and that's just too steep.
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POH private lenders
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