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Updated over 3 years ago, 03/25/2021

User Stats

22
Posts
9
Votes
Aaron Daniel
  • New to Real Estate
  • Austin, TX
9
Votes |
22
Posts

Private Money Loan Question

Aaron Daniel
  • New to Real Estate
  • Austin, TX
Posted

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