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Updated about 9 years ago,

Jim Workman's profile image
Jim Workman's profile image
Jim Workman
  • Investor
  • from La Crescenta, California
  • Member since May 19, 2013
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User Stats

174
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50
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Jim Workman's profile image
Jim Workman's profile image
Jim Workman
  • Investor
  • from La Crescenta, California
  • Member since May 19, 2013
Connect
Jim Workman
  • Investor
  • La Crescenta, CA
50
Votes |
174
Posts
Private Lending & Conventional Mortgage Advice

My first loan to a property purchaser

Jim Workman
  • Investor
  • La Crescenta, CA
Posted

I offered to make a short-term loan from my SDIRA to a friend who is buying a property in St Louis.  Neither of us has ever done this before so we would like to know the correct way to set up the contract.  Should we go through a loan broker / attorney?  Does someone have a sample loan template?

Any other advise?

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