How Would You Pay Back Private $ ?

[Matt Lawrence]

I have a company I started with a friend in which we buy-and-hold SFR. After buying our first 2 properties with our own money, we are seeking to use OPM for our 3rd house that we just "bought" - pending inspection.

We have a private money loan set for our down payment + closing costs which should be roughly $25,000.

My question is what is the standard(best) way to payback our private investor? 5-7-10 year plan? We have known the investor a very long and trust/loyalty is of no concern; we all want what is best for both sides. I would appreciate any feedback/advice on how you would handle the matter.

Thanks,
Matt