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Updated over 6 years ago on . Most recent reply

Willie Smith's profile image
Willie Smith's profile image
Willie Smith
  • Real Estate Broker
  • from North Carolina
  • Member since Oct 15, 2013
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Willie Smith's profile image
Willie Smith's profile image
Willie Smith
  • Real Estate Broker
  • from North Carolina
  • Member since Oct 15, 2013
Connect
Willie Smith
  • Real Estate Broker
  • North Carolina
13
Votes |
33
Posts
Tax Liens & Mortgage Notes

Private money questions

Willie Smith
  • Real Estate Broker
  • North Carolina
Posted
I have investors that I can borrow money from. I’m trying to figure out how to pay my investor if they loan me $100k @10%. I’m going to be doing the BRRRR method so I won’t be holding the money that long. Will I pay them the 10% monthly on the 100k or at the end when I return the money? Thanks
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Jason D.'s profile image
Jason D.'s profile image
Jason D.
  • Rental Property Investor
  • from St. Petersburg, Fl
  • Member since May 8, 2017
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Jason D.'s profile image
Jason D.'s profile image
Jason D.
  • Rental Property Investor
  • from St. Petersburg, Fl
  • Member since May 8, 2017
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,385
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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
@Willie Smith it all up to what you agree on. I've seen both ways
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