Updated about 1 year ago on . Most recent reply
How to structure Private Money?
Hello BP! I have a family member that's willing to lend money from their HELOC for my next deal to cover rehab costs. I've never used private money and was wondering how I could structure it?
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Nicholas L.
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Nicholas L.
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Flipper/Rehabber
- Pittsburgh
no offense but... this doesn't make a lot of sense to me
HELOC rates are high so for this to work you'll have to give them a great return to make this work for them...
way too complicated for my taste