Hi everyone. I was wondering what people think is the most efficient way to raising private capital to fund a real estate deal for an X% return on their money? Any tips and pointers is greatly appreciated.
Greetings! I've been a BP member for awhile and while I have purchased real estate with my own money, I now have a private lender (a relative) who wants to invest with me on my next deal. I am buy-and-hold, so I want ...
Hey BP Community,We want to use capital from multiple private investors for the down payment on a multi-family commercial property but we want the property to be under our name, not the investors. How should we struct...
Let's say I have a friend who's willing to loan me the money to purchase a property. I won't be using any of my own money. Does the loan go in my name or my friend's name? Will mortgage brokers balk at a giant sum of...
I'm going to paint a hypothetical here, and please forgive me for being a complete noob.Here's the hypothetical:I'm looking to buy/hold long term and have settled on a 4-plex with some nice value-add opportunities. (H...
Hello,
I was wondering if anyone had a contract they use for their private lenders. I have some friends and family that want to be lenders but wanted to draw up a contract to make fair and keep it business. Would...
I am hoping to get some direction from experience groomed investors regarding my primary business plan and required actions I would need in setting up a LLC or LP??? I have already established contacts that are willin...
Hey BP,I'm really wanting to start raising private money but I'm curious as to the terms private money lenders set. I know that it varies but I'm really curious to know the average term of the private money loan. ...
Hi BP,
How should I structure this partnership? My parents are willing to "play bank" out of their HELOC (variable rate 4.5% base).
What kind of agreement/return is typical?
Would you do this over a conventional lo...