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Updated over 10 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Terry Scott
  • Investor
  • philadelphia, PA
3
Votes |
12
Posts

private funding from a friend

Terry Scott
  • Investor
  • philadelphia, PA
Posted

I have a friend that has money sitting in a savings account and he wants to invest in some real estate. Would it be a good strategy to use his money as down payment or skin in the game with a hard money lender for a flip. If so how much percent roi would be acceptable to offer him on his money. would it be a flat say 10 percent or a percentage from the total profit from the flip.

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