Posted by Arthur on August 02, 2003 at 14:08:16:
I guess that would depend on the investor you approach and what they want. I can’t comment from experience, but from the books/posts i have read 10-12% would be more realistic…but i’m guessing that the books were written in a time when interest rates were higher.
I know they may be getting a cfew percentage points above what they would get from the bank etc,but at least with a bank, they know they are getting their money…if they loan it to you, theres the chance you ciuld make no/late payments, and then they would have the hassle to chase you for the money.
Just my 2 cents worth.