What’s a painful currency financing? How come it functions?

What’s a painful currency financing? How come it functions?

RCN Financing

RCN Money is an additional hard money lender which is an excellent but just not exactly aggressive sufficient. Take the rates of interest. These are typically realistic, yes, but from a decreased we have viewed.

Throw-in the truth that very first-date flippers can be be eligible for just a few money, also prepayment penalties towards particular financing, and you may RCN Financing places straight during the honorable speak about region. Put another way, it is good, but it’s perhaps not an educated.

Credit You to

In the event the we are becoming honest (the audience is), we think Financing You have a lot to offer, but do not be aware that definitely. Continue reading “What’s a painful currency financing? How come it functions?”