Private lending for rental. Interest only or shared cash flow?
Hi all,
Quick question for fellow investors. I am about to secure private lending for a downpayment on a Single Family home that will generate positive cash flow.
The loan will be $35K @ 5% for 5 years. No points.
I don't plan to but do private lenders request a cut of the cash flow? (this is a inner circle friend),
Thanks
Yvonne
Most Popular Reply
@Yvonne Sheehan No. And don't bring it up.
That's a great rate and term you've locked in.