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Updated about 6 years ago,
Long Term Private Money 5+ years
I am curious to hear if anyone would be able to share their terms for a long term private money loan agreement for say 5 years. My current strategy is to rehab and sell immediately. However, I would like to explore what other people have done maybe around 2008 that protected them and their investors in the case that they had to hold the property as a rental until they could refinance. I am open hearing any Hard Money Long term options as well. Thanks!