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Updated about 4 years ago,
Question about lending in Wyoming
Hello BP Nation,
I have a lending opportunity in Wyoming with an experienced investor. The opportunity is on a 12 unit with his plan to BRRRR it. While I trust the competency of the investor and his ability to manage this deal remotely (he does not live in WY), I have not lent in Wyoming and don't have a sense of lending laws (do I need to be licensed for a loan in WY?) nor do I have any legal docs appropriate for a loan in WY.
Any lender or borrower who can provide guidance for lending in Wyoming and/or contacts to help with documentation, etc, please reply. I'd welcome the opportunity to chat about what I need to consider.
Be well and thanks in advance for your reply,