What’s a fair deal for private money?

[Tyler Holden]

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!

[Michael Burrows]

My question is where is the private money coming from? Is it from friends or family or other professional acquaintances. I'm also in this process of growing my private funding for flipping. For me personal I'm at any where from 6 to 12% and deferred interest until time of sell. Dont be afraid to ask for terms that help your return. If you're a solid bet and providing value dont waste your time trying to convince someone your worth it. It will come over time and you can adjust your terms.