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Updated over 10 years ago on . Most recent reply

User Stats

397
Posts
187
Votes
Nathan Brooks
  • Real Estate Investor
  • Kansas City, MO
187
Votes |
397
Posts

Looking for outside lenders, have you been able to do this?

Nathan Brooks
  • Real Estate Investor
  • Kansas City, MO
Posted

I have been wanting to put together investors who want to earn 10% on their money an have ... yes, BIGGER POCKETS! They fund the deals to say 80/90% ... I put in the remaining, and then get a portion of equity for putting together the deals.  Have you done this?  How have you structured it?  Where did you find them (thinking doctors, lawyers, sales people, etc) ... how many people would you put on one note?

Such as ... buying house for $50k ... 4 people at $10k each, on first mortgage, I put in other $10k ... receive additional 10-20% equity stake for putting deal together.... 

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