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Updated almost 6 years ago, 03/11/2019
Private money lenders for flips
I am considering seeking private money lenders (individuals specifically) on BP for flipping opportunities where they would receive a 12-15% return and if needed, first lien position on the property . If I was to do so, in addition to the purchase price, reno costs, ARV and comps, what other information would be needed? Thank you!