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Updated almost 2 years ago,

User Stats

43
Posts
37
Votes
Ronald Fontenot Jr
Pro Member
  • Contractor
  • Houston Texas
37
Votes |
43
Posts

Private money - contracts/notes

Ronald Fontenot Jr
Pro Member
  • Contractor
  • Houston Texas
Posted

I have spoken to a few people who may be interested in lending me money to help in building my portfolio. I'll be starting with some flips to build cash reserves. 

I understand that a promissory note can be used to secure their investment with me. Is there any other contract or lein necessary or recommended to aid in making my potential investors comfortable lending to me? I want to appear and be a professional as possible. Any advice is appreciated!

  • Ronald Fontenot Jr
  • Loading replies...