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Updated 12 months ago on . Most recent reply

User Stats

6
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7
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Frances Cue
7
Votes |
6
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Private money questions.

Frances Cue
Posted

Hello! 

I have an opportunity to work with a couple of private lenders. I've never done this before and wondering how do you structure deals with private money? I am interested in getting a duplex and BRRRRing. When do the private lenders get paid back or what's a good time frame? How do I pay them back? and how much interest should I expect from them to ask? Also, if there's any resource/materials/books out there you can recommend,  that would be great. Would love to learn more before I make a pitch of any kind to the private money lenders.

Thanks!

- Frances

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