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Updated over 8 years ago,
How to place a lender in first position
Hey guys,
Hope all is going well I was curious I have some potential private lenders that will be investing with me but I am new to this private lending game? I was wondering how do I show them security in the property after we purchase. How do they have first position on the property? What paperwork do I have to use. Any advice would be greatly appreciated.
Thanks Marvin