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Updated almost 9 years ago,
Private Lending Repayment Options
To all you private lenders,
I am looking to put together a Real Estate Investment company and I've been dabbling with some different re-payment strategies for private lenders:
I am a new real estate investor that will need private lenders for the time being until I get my company up and going. I am a numbers person with renovation experience however, educated in corporate business, finance and economics. I also have my team lined up, contractors, real estate attorney, MLO, realtors, etc. only missing puzzle piece are the private lenders.
My question for all of you lenders out there is this,
what types of repayment would interest you other than the traditional principle plus interest?
I was thinking something creative that helps my investors well into the future, possibly a small percentage of profits in all of my company's sales regardless of whether or not you were a participating lender in that deal, what do you guys think?
Thank you for all the input!