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Updated almost 4 years ago,

User Stats

8
Posts
0
Votes
Brian Cullum
  • New to Real Estate
  • Gilbert, AZ
0
Votes |
8
Posts

How to split the cost with a private money lender.

Brian Cullum
  • New to Real Estate
  • Gilbert, AZ
Posted

I am looking for a strategy to use a private money lender but I will cover half of the cost. I have someone I'd like to work with and we both have HELOC's in our current homes. However, we don't have enough capitol to invest by ourselves in the location that we want. So we have decided that we would like to combine our money and finance a deal together. What is a good strategy where both partners receive maximum benefit? We will be using the BRRRR method.

Thanks in advance!