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Updated about 8 years ago,
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Creative Financing Forms
Hi, I just learned about creative financing about a couple weeks ago, and I'm intrigued by the idea. I would like to have a local real estate attorney to draft appropriate forms for me to move forward.
Here is a list I'd like for my attorney to draft:
1. Lease option. It needs to be flexible enough such that I could use it as buyer or as seller.
2. Subject to agreement. I to verify banks won't call the loan due, or have a way to mitigate it.
3. Rental agreement. Eviction process needs to be well defined.
4. Traditional buying a property via a lender. It's not creative but should be in my back pocket just in case.
I'm not considering seller financing as I'd prefer sandwich lease option instead.
Did I miss other essential creative financing forms?
Thanks,
Gene