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Updated over 10 years ago on . Most recent reply

User Stats

17
Posts
7
Votes
Yvonne Sheehan
  • Investor
  • New York City, NY
7
Votes |
17
Posts

Private lending for rental. Interest only or shared cash flow?

Yvonne Sheehan
  • Investor
  • New York City, NY
Posted

Hi all,

Quick question for fellow investors. I am about to secure private lending for a downpayment on a Single Family home that will generate positive cash flow.

The loan will be $35K @ 5% for 5 years. No points.

I don't plan to but do private lenders request a cut of the cash flow? (this is a inner circle friend),

Thanks

Yvonne

Most Popular Reply

User Stats

476
Posts
294
Votes
Sam B.
  • Rental Property Investor
  • Houston, TX
294
Votes |
476
Posts
Sam B.
  • Rental Property Investor
  • Houston, TX
Replied

@Yvonne Sheehan No. And don't bring it up.

That's a great rate and term you've locked in.

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