@BlckCatBlckSky @tszzl @credenzaclear Oh it's nbd just a FLP that makes loans and returns the profit to us all as shareholders... A way to monetize high trust family relationships by cutting out the commercial bank middleman basically.
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Reply · Sep 21, 2021@SilvermanJacob Bank of Mom & Dad holds my mortgage and it's an advantage to cut out the middleman... Otoh blood ties = trust and mutual concern for a…Reply · Oct 31, 2024@bookofflesh often illiquid too, requiring family members to agree on the directionReply · Sep 15, 2022@proetrie How might one go about getting a cheap loan… if the structure prevents selling outside the family?Reply · Aug 30, 2025@RokoMijic cooperating your way into higher trust networks is a useful trait for getting rich in the first place