Days on market Hard money loan Loans 
The Close
DECEMBER 5, 2024
Aside from this, a first-time investor must cover loan origination fees of approximately 3% to 4% of the loan amount and standard closing costs of another 1.5% Hard money loans usually have much higher interest rates, often around 10% to 18%. of the purchase price.
Marco Santarelli
FEBRUARY 24, 2023
Pasadena, CA, is currently a seller's market, which means that there are more buyers than available homes for sale. The median days on market for homes in Pasadena, CA, was 66 days in January 2023, which is slightly higher than the previous month, and slightly up from the previous year.
HomeLight
MARCH 10, 2023
If you need to finance the home with a mortgage, there are a few options you should consider: Hard money loans: These are loans from private lenders for short periods of time — they can come with higher interest rates and can be risky for inexperienced investors. Money was cheap but it’s not cheap anymore.”
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