Private money between friends

[Eric Knittel]

Hi everyone,

I am interested in borrowing money from friends and family to buy more real estate. I have used hard money in the past and I am trying to see if I can eliminate some of the costs associated with the HM lenders.

• How would you structure a deal with a friend/family?

• What percent return do you offer?

• What kind of lawyer do you contact to draw up the paperwork?

Thank you,

Eric