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Updated almost 3 years ago on . Most recent reply

User Stats

24
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13
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Kamal Tripathi
  • Bordentown, NJ
13
Votes |
24
Posts

First time Private funding

Kamal Tripathi
  • Bordentown, NJ
Posted

It'sy first deal ever for private funds. I have a friend who is willing to invest in a rehab property at 14% flat returns for 6 months.

question now is: how do I get his funds and return his funds back later (Avoiding legal complexity)

option 1: he can wire those funds to me and I can have bankers check at closing

option 2: he can give me a bankers check at closing.

Option 3: any other?

  • Kamal Tripathi
  • Loading replies...