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Updated over 7 years ago,

User Stats

44
Posts
12
Votes
Will Eagles
  • Real Estate Agent
  • Doylestown, PA
12
Votes |
44
Posts

How to use money from friends and family?

Will Eagles
  • Real Estate Agent
  • Doylestown, PA
Posted

So i have been watching a lot of the biggerpockets podcast and something keeps coming up. There are a lot of people who are using money from friends and family. How does this work? How do they get paid? How to I make money if I'm paying back a loan to friends and family. For example say I find a rental that I want to purchase. I raise the down payment money from family and buy the property. How do I pay them back but still make money every month? I feel like I'm missing something.

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