Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Any advice for Lending to a friend?
I have a work acquaintance that has been flipping houses successfully for a few years. I'm new to REI and I would like to loan him money to do a couple flips. Any advice (terms/legal/expectations etc.) on lending money to an acquaintance? I live in Oklahoma if that helps.