InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,255.20
(
-0.79%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
85.03
(
0.39%
)
Bitcoin
65,063.75
(
0.15%
)
Post# of 79921
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Renavatio

Send PM Follow Ignore
Followers 15
Posts 1549
Boards Moderated 0
Alias Born 12/20/2006

Renavatio

Re: justalittle post# 51071

Wednesday, 08/22/2007 1:22:16 PM

Wednesday, August 22, 2007 1:22:16 PM

Post# of 79921
22-26% wow. That's what I call criminal usury here in FL, though the general max usury rate is 25% here. I don't know any businesses that pay that on their debt. 15-17% max on private/hard money usually up to 4-6 points.

Hope they can convince folks to lend the bank that. Me, I won't go for 24% even over 2 years with PBLS. Even if it buys me a better Lear Jet.

"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up