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Updated about 5 years ago,
How to structure/offer repayment terms to submit to a PML
Im wanting to submit to a potential PVM some options/contract structures he and his wife can discuss. Its a long term BRRRR investment and he would be funding around 20-30k of rehab. Should i entertain an equity partnership, offer a balloon payment at refi time, 8,10,12%. Id love some advice on typical options others use. I dont want to blow this... Thanks,
Ps- How do I handle an insurance policy if Im buying the home with my LLC, via a land trust.. ?