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Transactional Funding, Hard Money & Private Lending

13 minPRO
5/6

Key Takeaways

  • Transactional funding costs 1-2% for same-day double closings and requires the B-C closing to be pre-arranged.
  • Hard money rates of 10-15% with 2-4 points are justified by speed (7-14 days) and asset-based underwriting.
  • Private lending at 8-12% offers maximum flexibility and is built on personal relationships and trust.
  • Self-directed IRA holders are a significant source of private lending capital.
  • Layered financing (hard money to acquire, conventional to hold) minimizes total cost across the investment lifecycle.
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Test Your Knowledge

1.What distinguishes transactional funding from hard money lending?

2.What is the typical interest rate range for private lending in real estate?

3.Why are self-directed IRA holders a significant source of private lending capital?