Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

136
Posts
5
Votes
Mike Nelson
  • Investor
  • Miami, FL
5
Votes |
136
Posts

Securing private notes from friends and family

Mike Nelson
  • Investor
  • Miami, FL
Posted

My Girlfriend was kind enough to lend me $50k for my last flip.  Going forward, in case something happens to me (death) what is the best way to secure here money?  Is a signed note good enough, or do we need to record it as a security instrument with the county every time?  I am obviously not up to speed on private lending.  

Most Popular Reply

User Stats

47
Posts
7
Votes
Ian MacIntyre
  • Richmond, TX
7
Votes |
47
Posts
Ian MacIntyre
  • Richmond, TX
Replied

Also, make sure that it is written by a professional in the field. 

Money and family can get ugly.

Loading replies...