My bro-in-law is willing to lend me money, to do deals with. BUT he said if it is going to take a while to get a deal done, then he would rather use it to pay down his mortgage. He is willing to hold money for me but I have to make it worth his while: this is what he proposed, He would charge me 3% interest just to hold it. So on 50k it would be 125 a month just to keep it available to me. What do you DGers think of this? I guess I should get a deal done so I'm not paying to let it sit.
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