Mutually beneficial private money loan
I have a few friends and associates that I know are interested in investing. I want to approach them about possibly investing with me on some deals. Mostly brrrrrr deals but possibly larger appt. deals or flips. I’m just not sure what to tell them. I want to make sure it’s a proposal that is beneficial for both of us and that they do well enough to want to continue to invest, however I want to profit as well.
I know a lot depends on the profit available in a deal, but what are some typical numbers you use?