Comments on: Private Money Magnet

By: Susan

Susan — Thu, 17 Nov 2011 15:34:32 +0000

If that’s what s/he wants I would expect so. This is an unusual situation but I would probably have a JV agreement between the investor and the LLC that stipulates the repayment agreement.

By: MJ

MJ — Thu, 17 Nov 2011 09:56:04 +0000

Susan my question is in regards to paying back money made as a jv partner on a purchase; if the investor chooses to remain anonymous on Title but wants a 50/50 split. If the property is purchased in the name of an LLC and the anonymous lender is not a member of the LLC; do we still split the capital gains.

By: Susan Lassiter-Lyons

Susan Lassiter-Lyons — Tue, 08 Dec 2009 20:29:59 +0000

Hi David – I always pay simple interest.

By: David Shives

David Shives — Tue, 08 Dec 2009 19:01:15 +0000

Susan I have a question that may or may not be relivant. When paying interest to your private money investors is the interest paid simple interest or compound interest.

By: Susan Lassiter-Lyons

Susan Lassiter-Lyons — Thu, 23 Oct 2008 22:35:41 +0000

I have personally worked lenders loaning from their IRA’s that have deferred payments. These are always done on rehab loans and deferred payments on rehab loans is quite common.