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Private Money Loan Question
Hi BP,
I am meeting with 2 private lenders next week to fund my first deal! It will be used for a rental property investment. I intend to use $60,000 for the down payment with a conventional investment loan, and $15,000 for repairs/updates. Any ideas on how I can structure this loan at a fair-beneficial offering for all parties and/or pay it back?
Looking forward to any advice given.
Most sincerely,
Aaron