Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

3
Posts
2
Votes
Troy Price
  • Investor
  • Spring, TX
2
Votes |
3
Posts

Lending Money to a Church Entity

Troy Price
  • Investor
  • Spring, TX
Posted

Hello everyone,

I'd like to get some advice on lending money to a church for the purposes of the church buying real estate.  A local pastor in GA is looking to buy the building where they currently hold services.  The owner has offered to sell them the building, they are very motivated, but they don't have the asking price on hand. They don't have to borrow money as the building owner has agreed to owner finance the property with a modest down payment of 100K.  

There are several members in the church who would like to lend the money for acquisition of the property.  The property would be held in the church's name.  It's a 501 c3 entity.

How can the members lend to the church? How can the church pay off the members at a later date along with some interest for using the money? 

Thanks for your responses.

Loading replies...