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Updated over 10 years ago, 05/21/2014

User Stats

481
Posts
189
Votes
Huy N.
  • Houston, TX
189
Votes |
481
Posts

I can borrow loan, my partner has down money, how to structure the deal?

Huy N.
  • Houston, TX
Posted

Hi fellow investors,

I finally went out of my comfort zone to ask for money in the 2nd circle (friend and friends of friend)

Parents of a friend of mine has lot of money for down payment. However, they can't borrow loan because they are not living in the United States. I'm pretty noob when it comes to architect the deal with anyone that is not a family member. So how would anyone structure a win win or 50-50 situation in this kind of deal? I have the knowledge and the ability to borrow money, they have the down payment

Looking forward for your help

Thank you so much!

Huy