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Updated about 8 years ago on . Most recent reply

User Stats

56
Posts
21
Votes
Gerald Marshall
  • Investor
  • Cumming, GA
21
Votes |
56
Posts

Private Money

Gerald Marshall
  • Investor
  • Cumming, GA
Posted

I have a family friend who is in a position to become my personal private lender.  I would like to make this as easy for him as possible.   Any advise on how I go about assisting him in setting up to do this.  I am a moral and ethical person who wants to treat him right with a good return and protecting his financial interest with putting him as first lien holder and the such.  Any advise?  

Most Popular Reply

User Stats

2,283
Posts
1,102
Votes
Charlie Fitzgerald
Pro Member
  • Lender
  • Las Vegas, NV
1,102
Votes |
2,283
Posts
Charlie Fitzgerald
Pro Member
  • Lender
  • Las Vegas, NV
Replied

Get to an attorney and put this relationship in writing to protect both of you and your friendship 

  • Charlie Fitzgerald
  • Loading replies...