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Updated over 9 years ago on . Most recent reply

Grant Lawrence's profile image
Grant Lawrence's profile image
Grant Lawrence
  • Investor
  • from Burlington, Vermont
  • Member since Jul 19, 2015
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User Stats

23
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5
Votes
Grant Lawrence's profile image
Grant Lawrence's profile image
Grant Lawrence
  • Investor
  • from Burlington, Vermont
  • Member since Jul 19, 2015
Connect
Grant Lawrence
  • Investor
  • Burlington, VT
5
Votes |
23
Posts
Buying & Selling Real Estate

Private money deal structure in vermont?

Grant Lawrence
  • Investor
  • Burlington, VT
Posted

I have been read in a few other similar posts about this but wanted specific advice about Vermont.  I have two people that I have worked with and have borrowed money from for other business deals and the have expressed interest in investing in Real estate with me.

I have a few deals I am starting to analyze and was wondering how to structure them with only one lender in Vermont?

I only need about 60-70k and it is intended to be a bit and hold.  I was thinking a 7% apr on a 30 amoritized schedule with a baloon at 5 years.  

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