Question about private Investors
Hey there everyone, I have been around watching from the outside but I just upgraded my account!! I own 20 single family rental homes, so I have some experience with real estate, but I have a question that I can't find all of my answers too. I have a few very good friends that are very well off and don't know where to put their money, so my thought would be to find properties (mostly rentals) have them buy and then "buy" the property from them on a contract for deed, other areas of the country call in owner to carry, I would like to know what a far percent payback would be. My friends are looking at low percent rates on CDs and don't want to do stocks. Otherwise please let me know what other ideas I could present to them to help them and myself in real estate. THANKS in advance!!