Residential real estate investors who are considering long-term financing from a private or hard money lender will likely pay a fee if the loan is paid off in the first 3 years of the loan term. In this video, Rocky Butani explains the typical pre-payment penalty structure for most private lending companies that offer long-term rental loans.
Private Lender Link, Inc. is licensed by the California Department of Real Estate (CA DRE Lic. 02057741). Rocky Butani is the company’s designated officer: CA DRE Broker Lic. 01893537.