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Updated over 8 years ago,
Seeking advice on documents & structuring private $$ agreements
I recently found private money lenders, this will be my first venture of this sort. I am seeking advice on what is a typical % and typical terms, ie. Int only vs P&I payments, one year payback or other, and how to put the agreement on paper. Does anyone have a template I can use to customize?
Please advise,
Alex McGhee