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Updated about 11 years ago on . Most recent reply

Bryce Cutler's profile image
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Bryce Cutler
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  • from Wynantskill, NY
  • Member since May 24, 2013
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Bryce Cutler's profile image
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Bryce Cutler
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  • from Wynantskill, NY
  • Member since May 24, 2013
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Bryce Cutler
  • Investor
  • Wynantskill, NY
72
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174
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Private Lending & Conventional Mortgage Advice

Private money contracts

Bryce Cutler
  • Investor
  • Wynantskill, NY
Posted

what is the best way to create a contract for a private investor?

Thanks,

Bryce

  • Bryce Cutler
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    Will Barnard
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    Will Barnard
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    ModeratorReplied

    Best way, have your attorney draft a promissory note and deed of trust (or mortgage if you are investing in a mortgage state) that protects all involved.

    Next step is to make sure lender is protected via title insurance, hazard insurance, and your ability to perform.

  • Will Barnard
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