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04-19-2016, 03:41 PM #1
Reputation points: 23085
- Join Date
- Nov 2013
- Posts
- 598
If you are going the traditional route of obtaining a hard money loan on RE property, typical commission rates are between 1-2% on loan amount and most hard money lenders allow you to charge a reasonable "success fee" that you are liable for collecting.
WBL is one path to take, but seeing as how they already defaulted on a cash advance getting them another seems pointless albeit secured by RE.
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