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Updated over 3 years ago on . Most recent reply

Carson Bankord's profile image
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Carson Bankord
  • Member since Apr 27, 2022

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Carson Bankord's profile image
Carson Bankord's profile image
Carson Bankord
  • Member since Apr 27, 2022
Carson Bankord
0
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6
Posts
Private Lending & Conventional Mortgage Advice

Private Loan structure

Carson Bankord
Posted

Anyone have advice on structuring a loan from a family member/friend - to create a win-win scenario? Especially with someone who is not experienced with REI.

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Jocelyn Kaufman's profile image
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Jocelyn Kaufman
  • Realtor
  • from Utah
  • Member since Apr 12, 2022
  • Posts 63
  • Votes 42
  • Experience 7 Yrs
  • Investments 10

User Stats

63
Posts
42
Votes
Jocelyn Kaufman's profile image
Jocelyn Kaufman's profile image
Jocelyn Kaufman
  • Realtor
  • from Utah
  • Member since Apr 12, 2022
  • Posts 63
  • Votes 42
  • Experience 7 Yrs
  • Investments 10
Jocelyn Kaufman
  • Realtor
  • Utah
42
Votes |
63
Posts
Jocelyn Kaufman
  • Realtor
  • Utah
Replied

1 point down, 1 point a month, 1 point at closing. 

Also, have something in there about having to refi within 5 years or how ever long you choose. 

  • Jocelyn Kaufman
1 Vote
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