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Updated about 11 years ago on . Most recent reply

Samir Shah's profile image
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Samir Shah
  • from Redmond, Washington
  • Member since Nov 3, 2013
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Samir Shah's profile image
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Samir Shah
  • from Redmond, Washington
  • Member since Nov 3, 2013
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Samir Shah
  • Redmond, WA
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Private Lending & Conventional Mortgage Advice

Looking for guidance to lend

Samir Shah
  • Redmond, WA
Posted

Hi,

Couple of friends and I are pooling money to start a private lending business. I am looking for some guidance on where to start around documentation preparations and any gotchyas.

Thanks,

Sam

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Jeff Rabinowitz's profile image
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Jeff Rabinowitz
  • Investor/Landlord
  • from Farmington Hills, Michigan
  • Member since Dec 7, 2011
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Jeff Rabinowitz's profile image
Jeff Rabinowitz's profile image
Jeff Rabinowitz
  • Investor/Landlord
  • from Farmington Hills, Michigan
  • Member since Dec 7, 2011
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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
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You run the very real risk of running afoul of SEC regs and numerous lending laws if you do this incorrectly. Talk to a lawyer before you set anything up.

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