Private Lending with Family and Friends

[Agustin Cruz]

Hey everyone new investor here. I have been reading the Bigger Pockets book on, Investing in Real Estate with Little to No Money Down, and I am wanting to understand private lending a little more. I have a few questions and if anyone could give some feedbacks or even better have short stories of their experiences I would be glad to hear them. Thanks everyone in advance!

1. Have you partnered up with family/friends to fund real estate deals? If so, how was your experience? Would you do it again?

2. If you have partnered with family/friends how did you structure the agreement?

3. Have you combined private money and hard money to fund a deal? What was that like?

4. Did you have any bad experiences, where an investment gone wrong when using private or hard money? How were you able to combat the situation?

Thanks again everyone for you insight!