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How Much to Pay Friends/Family Investors?
Hi Everyone,
I'm working on some gap funding for a potential flip, and have quite a few interested friends/family members.
What is a fair return on their investment I should offer? The property is in pretty good shape, so the rehab shouldn't take too long.
I need to fund btwn 28-40k and it looks like I have 2 or 3 interested parties.
Advice/experience appreciated! Thanks!