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Updated almost 6 years ago on . Most recent reply
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What's a fair interest rate for an investor?
What do some of you see as a fair interest rate to pay an investor to be a passive investor and provide private debt equity for a single family build? I will raise say 25% of what I need from private investors on a promissory note. The other 75% I can get from a construction lender. I was thinking about offering 9% to the investors on a 1 year term. Any thoughts or recent money deals?