All Forum Posts by: Charlie Swain

Wish I had seen this post earlier.  Just closed a deal on a simple Duplex.  The entire experience was awful.  Kicking myself for not going with my other offer.  I went with MBF because they offered a lower rate.  But in the end, they delayed closing by three weeks, had hidden (still unexplainable) fees, and in the end they raised the rate because they said they don't "lock it in until the end".  In the final week, they would never communicate with me nor my agent.  Only with the Lawyer.    NEVER AGAIN.  BUYER BEWARE! 

@Soh Tanaka I'd love to jump on the bandwagon and have a copy.  Thanks so much for your help.  cs

I'm just starting. Haven't closed on my first deal yet but actively looking everyday. Looking at Flipping or BRRRR strategy.

Thankfully I have two family members willing to invest some big money to help me get this thing rolling. One at $200k  and another at $100k.   I want to do well by them since they are taking the risk and they are family.  But I also want it to be best for me too.   

How would you suggest I structure a deal?   Should they get a percentage of what I borrow regardless of the deals or should they get a percentage when the deal is complete?  Looking for good suggestions.  Thanks!