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Updated over 5 years ago,
What’s a fair deal for private money?
Let's say I want to BRRRR a single family home using private lender cash for the initial purchase. What is a typical or fair deal to offer a private money lender for his cash (assume I'm using none of my own money)? Second, would you ask for rehab cash from this investor or find alternative financing for rehab?
Appreciate the advice! I’m looking to purchase my first deal soon!