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Updated about 11 years ago on . Most recent reply

Paul Jamgotch's profile image
Paul Jamgotch's profile image
Paul Jamgotch
  • Investor
  • from Grand Rapids, MI
  • Member since Aug 19, 2012
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Paul Jamgotch's profile image
Paul Jamgotch's profile image
Paul Jamgotch
  • Investor
  • from Grand Rapids, MI
  • Member since Aug 19, 2012
Connect
Paul Jamgotch
  • Investor
  • Grand Rapids, MI
49
Votes |
158
Posts
Private Lending & Conventional Mortgage Advice

PM Lending: Length of Note for Flips

Paul Jamgotch
  • Investor
  • Grand Rapids, MI
Posted

For those that due PM lending, could you please share length of note if you are splitting net profit instead of rate and/or points? I have a six-month balloon on current loan but realize this might not be adequate for some rehabbers should the home not sell for various reasons. Thanks in advance.

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