Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on .

User Stats

9
Posts
8
Votes
Trey Fankhouser
  • Lender
  • Guymon, OK
8
Votes |
9
Posts

Hard Money Lender/Syndication Group

Trey Fankhouser
  • Lender
  • Guymon, OK
Posted

Hello, 

I have not had to get funding from a hard money lender yet, and I just wanted to reach out to the group and see if anyone has suggestions on how they typically set up the contract for repayment.  I have been looking at possibly making shares for the purchase with the hard money group being a majority share holder of the purchase, or with a repayment structure over x amount of years on the borrowed money.  I didn't know what rate hard money lenders typically expect back, and I am just looking for some general advice on what others have done to accomplish their own deals in the past.  
The property I am looking at is a commercial property with a single tenant that is triple net and has a 20 year lease with intentions of extending the lease once this contract is up.   I look forward to hearing from everyone, and thank you for your time! 


Trey