Investors Push Into a Resurging Market: House Flipping<br />He has borrowed often from Broadmark and tries to laugh off the rates he gets — usually around 12 percent interest<br />with 4 percentage points of fees for a one-year loan: “That’s outrageous, but what are you going to do?”<br />It’s the company’s timeliness that matters to him when he needs to move quickly in the hot Seattle real estate market.<br />But the loans — sometimes referred to as fix-and-flip or hard-money loans — come with risks, including developers unable to pay them back<br />and a drop in real estate prices that could make properties hard to sell or even rent.
