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Updated about 10 years ago,

BJ Johnson's profile image
BJ Johnson's profile image
BJ Johnson
  • from Southlake, Texas
  • Member since May 8, 2014
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6
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2
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BJ Johnson's profile image
BJ Johnson's profile image
BJ Johnson
  • from Southlake, Texas
  • Member since May 8, 2014
Connect
BJ Johnson
  • Southlake, TX
2
Votes |
6
Posts
Starting Out

Private Money Lender question?

BJ Johnson
  • Southlake, TX
Posted

As you all know, I am new to this real estate investing arena. My question is if I get a Private Money lender to fund my purchase, How do I make money after flipping the property if they charge a rate of 12 percent? I probably sound like a complete idiot but would appreciate any response. Thanks

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