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Updated over 5 years ago on . Most recent reply

Gracjan Szymczak's profile image
Gracjan Szymczak's profile image
Gracjan Szymczak
  • Flipper/Rehabber
  • Member since Mar 22, 2018
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Gracjan Szymczak's profile image
Gracjan Szymczak's profile image
Gracjan Szymczak
  • Flipper/Rehabber
  • Member since Mar 22, 2018
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Gracjan Szymczak
  • Flipper/Rehabber
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General Real Estate Investing

How to utilize a private money CASH loan correctly ?

Gracjan Szymczak
  • Flipper/Rehabber
Posted

My wife's mother is looking to invest in real estate with me, she has a 100k available in actual CASH. The money sits in a safety deposit box in the bank and has already been taxed. 

Since its in actual cash the situation has had me confused and a bit scared. Do I take her money and bring it to the bank and get a cashiers check ? Deposit it to my account ? IDK...

Any advice would be greatly appreciated

Thank you 

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