Private Money
Hi Everyone,
I have a question when it comes to private money lending and repayment in particular. If I want to borrower private money from someone how do I pay that back on a long term buy and hold scenario? I am sure there are a bunch of ways to do it, just having a hard time figuring out how to repay the loan from the cash flow, say 300 a month, am I just paying the person $100 a month out of that (or what ever the interest rate is) Some examples of how people are using private money for a long term buy and hold would be helpful. Thank you