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Updated almost 4 years ago on . Most recent reply

OPM Investor agreements and contracts
Hey folks,
I have two friends and mentors that are open to investing with me on a property.
Their investments will probably take the form of a loan at prime rates.
The market in Portland has been so crazy that I’d like to propose they invest in a percentage of the price of the home purchase. Is this common?
What is a typical agreement between an OPM investor and a real estate entrepreneur look like?
Thanks!