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Updated about 7 years ago on . Most recent reply

User Stats

16
Posts
5
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Igor Kalabukhov
  • Cary, NC
5
Votes |
16
Posts

Financing Situation That I Need Help With

Igor Kalabukhov
  • Cary, NC
Posted

Hello, 

Just to give some precedence, I am 19 years old and work at the Meat department at a Whole Foods. Now, this is a part-time job, so I have to chance of getting a traditional loan, but I have a few people in my department that are willing to invest with me on deals if I show them that it is a good one.

Here is my question, is there a way that I can take their hard cash and giving them a sort of IOU with a predetermined share of the profits of the sale or cash flow from the purchased property? I am trying to avoid direct partnerships or syndication type deals. 

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