Updated about 9 years ago on . Most recent reply
Seeking advice on how to structure private money deal
Hey fellow BP’s in need of some guidance on how to structure a real estate deal. I have a potential to purchase 2 single family house currently rented at $1100 per month. The total purchase price on both properties is 25K. I am seeking to fund the deal with private money partner @ Zachary Critchett. This would be are first deal with is type of real estate transaction. Can we get some insight on how to structure the deal to ensure both properties are protected and lending practices for the state of OH are followed. Just want to be extra careful to ensure this is “win win” for all parties in this particular deal. Thanks in advance for insight to help us achieve our goals!!