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Updated over 2 years ago on . Most recent reply presented by

User Stats

26
Posts
14
Votes
Natasha Graves
  • Investor
  • Baltimore, MD
14
Votes |
26
Posts

Private Lender Attorney Needed to draft Contract

Natasha Graves
  • Investor
  • Baltimore, MD
Posted

I'm looking to lend money to an investor in my network to complete their renovation and would really appreciate some help with an attorney that can create the verbiage for our agreement. 

The project is two side-by-side rowhomes in Baltimore, MD with full gut renovations including a slight basement dig to add an additional bed/bath. The ARV and LTV they were able to secure with their hard money lender all check out so I'm comfortable moving forward. I would be investing about 20% of the rehab costs on top of the loan they have. I'm not sure how to go about writing the contract/agreement since the properties are already under a loan so if there is anyone with a contact to a RE or lending attorney that can help me out, that would be amazing.

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