Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

3
Posts
0
Votes
Jesse Nelson
  • Rental Property Investor
  • Corinth, MS
0
Votes |
3
Posts

If you were in my shoes

Jesse Nelson
  • Rental Property Investor
  • Corinth, MS
Posted

I am a new investor and I am currently working on my second BRRRR but I would like to get some advice. I have a family member that is my private lender and he gave me VERY friendly terms(5 percent interest on the total loan and no monthly interest payments). I know I have an unheard of situation and I want to take full advantage of my situation. If you(seasoned investors) were in my shoes, what would you do to maximize the money? I would say the max loan would be 80-100k and I would need to get it back to him plus interest within 6 months. Thanks!

Loading replies...