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Updated over 4 years ago on .

User Stats

28
Posts
22
Votes
Jeromy Jordan
  • Real Estate Agent
  • Biloxi, MS
22
Votes |
28
Posts

How to structure/payback investors rehab money on a sub2 deal

Jeromy Jordan
  • Real Estate Agent
  • Biloxi, MS
Posted

Hey BP,

I have a sub2 deal and I'm bringing in private money to fund the rehab.  I plan to keep the property as a buy and hold. I just cant figure out how to structure a deal with the private money lenders to repay their money.  If I were flipping the property, I could easily pay them from the profit but how would I pay them back if I plan to keep the property with the existing mortgage in place from the seller.  Any recommendations?