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Updated over 5 years ago on .

User Stats

8
Posts
5
Votes
Joe Wilson
5
Votes |
8
Posts

Terms for Individual for $50K Downpayment

Joe Wilson
Posted

Hey BP!

Working a project where I need an additional $50K for the downpayment on a MHP. I have an individual that will lend $50K.

This individual will not be a partner in the deal.

What are the some best practices on terms to offer for this investor to where it is a WIN-WIN?

Thank you in advance!