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Updated over 2 years ago,

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How to find a contract for private lenders

Posted

We are ready to borrow from private lenders who have agreed to work with us. We need a contract to borrow the money and to lay out the terms of the loans. Is there a template on BP? I looked but did not find one. Or what is your best advice for creating a contract that covers all the bases of a private loan? Also, what if the lender and the borrower and the property are in three different states? Does that play into the way the contract is set up? Thank you! 

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