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Updated over 9 years ago on . Most recent reply

User Stats

63
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9
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Kevin Raye
  • Wholesaler
  • Miami, FL
9
Votes |
63
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paperwork

Kevin Raye
  • Wholesaler
  • Miami, FL
Posted

I have someone that wants to invest their money privately with me in real estate. I've never used this type of funding before and was wondering what type of documents should I have when securing the funds. This is my close buddy but I want to make sure that I'm professional when going about this. Any info. Is appreciated. Thanks!

Most Popular Reply

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42,818
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63,133
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,133
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42,818
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Kevin Raye

  sounds like a loan scenario  simply go to a title company and tell them you want a new loan and your paying off this loan

you want your investor to be first position lien.. with title insurance.. you pay for it all.

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JLH Capital Partners

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