Raising money privately from a friend
Hello everyone, I have the option to borrow $35,000 from a friend as a loan. Lawyers would write everything up so it’s legal. He’s only charging me 2% on the entire loan for a 7 year period. I plan on taking that money and buying 3 sfh that will rent for $850-900 in my area. Problem I have is how do I get that money into the bank without raising red flags?