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Updated almost 7 years ago on . Most recent reply

User Stats

41
Posts
30
Votes
Ryan Freet
  • New to Real Estate
  • Columbus, OH
30
Votes |
41
Posts

Multiple Private Money Lenders

Ryan Freet
  • New to Real Estate
  • Columbus, OH
Posted

I tried to find answers on this older discussions but was unsuccessful, and this is my first post so I apologize if I am doing anything incorrectly. I am trying to put together funding to flip my first house. I have 5 people (friends, family, coworkers) interested in lending me money through private money loans I have a mentor for this project and am confident in the deal however am unsure of the intricacies associated with 5 private money lenders. My mentor will likely be able to help with this a good deal, but I still would like to learn to become independent and see what I can come up with on my own as opposed to relying on him for all of the answers. Any resources anyone can provide will be much appreciated!

Note: This is in Ohio.

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