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Updated over 6 years ago on . Most recent reply

Robert S schwartz's profile image
Robert S schwartz's profile image
Robert S schwartz
  • Member since Sep 18, 2018
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Robert S schwartz's profile image
Robert S schwartz's profile image
Robert S schwartz
  • Member since Sep 18, 2018
Connect
Robert S schwartz
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2
Posts
Private Lending & Conventional Mortgage Advice

Looking to do my first private loan for a condo purchase.

Robert S schwartz
Posted

I want to become a private lender for a buyer of a condo in Orlando. He needs to borrow $120K. How do I establish the promissory note terms?I was thinking 2-3 years with a balloon payment. Looking for examples from BP community members. Is there a calculator app that you can fill in and get the numbers? Thank you in advance.

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