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Updated about 7 years ago,

User Stats

17
Posts
3
Votes
Mikki McIntyre
  • Investor
  • Sewell, NJ
3
Votes |
17
Posts

how to structure a private loan

Mikki McIntyre
  • Investor
  • Sewell, NJ
Posted

Hello,

I have some family members that are willing to lend me money for flipping and buy/hold deals. What is the best way to structure this? Just do a note/personal guarantee for each property seperately and pay them back after each deal? Or should I form an LLC with them and put the terms of their profit in the operating agreement? Thanks!

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