Private lending in Southwest Florida
Hi everyone!
I'm looking to do my first private lending deal with partners where a fractionalized deed of trust is used to protect the proportional interest of each lending partner. I'm looking for someone who puts these types of deal together in Florida, specifically Southwest Florida. I want to lend on deals in that state because it's also where I plan to do my first house hack. I thought doing some private lending for properties there would help me learn about the market and get to know other investors in the area.
My questions:
1. I don't think fractionalized deeds are legal in all states, and I don't know if these types of deals are even allowed and being done in Florida. Does anyone know?
2. Does anyone know of someone in Florida putting together these types of deals?
Thanks and Happy Holidays!!!