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Updated about 8 years ago on . Most recent reply
Resources to Prepare a Private Money Note
Hi There- I am a purchasing a property using private money. Can anyone offer suggestions on where to find or create the documents? I couldn't locate any resources. I wish to set up a 1 year non amortizing note with a simple interest balloon payment at the end of the term. Let me know if anyone out there can offer suggestions on how to create such a note and secure it with a first lien against the property? Thanks in advance for your help.
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Jay Hinrichs
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- Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
simply go to your local title company they will put it together for you.... its what they are there for.. you want title insurance and your lender wants a lenders policy
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners