Paying off hard money is the % based on the amount or the profit thats made. Is there a standard % they go by.

Howdy Upchurch334:

Hard money loan brokers generally charge 4 to 5 points for getting you the loan. The actual investor loaning the money gets 12 to 14% interest.

Some do just interest only with no points at about 18%.

Any profit is yours to keep.

Some may do a partnership deal with you but I have not sen one myself.

Hope this helps answer you questions.

Thanks tedjr. Maybe one day i can return the favor.