Episode 261: Everything You Need To Know About Hard Money
The Loan Officer Podcast
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What Is a 100 Basis Points?
For most people starting off, it's right around the 50, 55, 75 bibs. Most people coming in with other established longer tenured lenders,. It's probably around 50, 50 bibs Okay. So what is a 100 basis points like a common comp plan? Because there's listeners who are thinking, you know what? I love finance, I love mortgage and real estate, but I think I want to work solely with investors. Like how does that work? Right. Oh no, I just learned as I grow. And I told her I'm going to swipe an adaption.
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