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Updated about 6 years ago on . Most recent reply

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James Winters
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5
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Private money contracts

James Winters
Posted

I have access to a few million in capital through my friends and family network to get started with real estate.  Where should I go to make contracts for the lenders? I’d like to structure debt payment structures and possible equity in the future.  Is there a good place to find a base contract like with the landlord forms?

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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
8,892
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5,733
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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
Replied

@James Winters

Your friends and family will provide million of $ to a guy that doesn’t know enough to go to an attorney to draw up a real estate agreement? Who wants to use an online freebie? Either you’re a rich inheritor who would get the money anyway, or someone’s pulling someone’s leg. Why anyone would provide millions to someone without experience and track record in that investing field absolutely boggles the mind.

  • Don Konipol
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Private Mortgage Financing Partners, LLC

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