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Updated almost 8 years ago on . Most recent reply

Stephanie Sellers's profile image
Stephanie Sellers's profile image
Stephanie Sellers
  • Property Manager
  • from Fitchburg, MA
  • Member since Nov 21, 2016
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Stephanie Sellers's profile image
Stephanie Sellers's profile image
Stephanie Sellers
  • Property Manager
  • from Fitchburg, MA
  • Member since Nov 21, 2016
Connect
Stephanie Sellers
  • Property Manager
  • Fitchburg, MA
13
Votes |
23
Posts
Private Lending & Conventional Mortgage Advice

Personal loan interest rate advice?

Stephanie Sellers
  • Property Manager
  • Fitchburg, MA
Posted

Hello,

My husband and I recently acquired a 3/1 SFR with owner financing that we plan to hold. In order to rent it we are asking a couple of friends or family to help us with a small loan to make the necessary renovations that need to be done. If we are looking for $10,000 what do you suggest for a payback to our friends and over what period of time?

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