ACCEPTANCE: This instrument will become a binding contract when accepted by the Seller and signed by both Buyer and Seller.

After reading several books, and one (The Millionaire Real Estate Investor by Gary Keller) that has been instrumental in my thoughts,  I subscribe to what I now consider my #1 rule: you make your money when you buy.

IE represented the B ball player and us. had great reporte' with Wells.. who we cramed down.. we could not have done the deal without her help.fast forward.. we bought it for 1.7mil.. put 1.3 million in it.. and she sold it to a buyer she had in the wings for 5mil the day it hit the market.. . so for her she made 6 points on the 1.7 mil sale to us.. she was instrumental in working with our designer throughout the whole process.. and then we paid her 3 points to sell it to her buyer.. so on that one transaction she made about 550k.. in commissions. it was 12 months start to finish. 

They choose to do that because they felt the bubble had further up to go and they wouldnt be the one left holding the bag when the music stopped.

The problem lies in brokers/intermediaries who try to put these instruments into a borrower's hands often by leasing them.

Evafla,Truly safe investments include bank CD's and US Treasury instruments.

I had flash backs of the 90's... boyz 2 men, color me badd, c&c music factory, etc...WORD UP!

@Mike LandryWhat kind of instrument did she sell it with?  

While this might be true if you're located in Delaware or Illinois, substantial uncertainty exists as to whether the subsidiary LLCs within a series LLC are truly separate judicial entities, or merely financial instruments.

Being nice however is not to say I'm naive, so I'm trying to determine an acceptable interest rate that won't work against my own interests as an equity partner but also allows for an acceptable return on my money.In trying to determine what was reasonable in this circumstance I realized that outside of some accounting and finance classes in college, notes; bonds; and other debt instruments are pretty foreign to me in this context.