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Updated almost 4 years ago,

Suzanne M.'s profile image
Suzanne M.'s profile image
Suzanne M.
  • Member since Feb 26, 2019
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Suzanne M.'s profile image
Suzanne M.'s profile image
Suzanne M.
  • Member since Feb 26, 2019
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Suzanne M.
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Private Lending & Conventional Mortgage Advice

Splitting Profits with a hard money lender

Suzanne M.
Posted

I don't know how to fairly split the profits because the hard money lender is giving $40,000 cash for the down payment on a $545,000 apartment complex. (We will be assuming the remaining $123,500 to make 30% down.) This is a buy-and-hold property.

Does anyone have any experience with this? 

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