Georgia Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply
Lawyer recommendations for non-payment of hard money loan
Hello, I entered into a contractual relationship with an Atlanta-based company I met on these forums to loan them money to do two Atlanta flips. The deadlines came and went and they didn't pay me back my capital or profit. I got a default judgement against them and now I need to collect.
Any recommendations for a lawyer? Thanks!
Most Popular Reply
Curt Smith
#4 Innovative Strategies Contributor
Pro Member
#4 Innovative Strategies Contributor
- Rental Property Investor
- Clarkston, GA
- 1,918
- Votes |
- 2,040
- Posts
Curt Smith
#4 Innovative Strategies Contributor
Pro Member
#4 Innovative Strategies Contributor
- Rental Property Investor
- Clarkston, GA
The standard way to JV / lend funds for a flip is that the lender gets a 1st security deed. You can call any local real estate attorney to file for foreclosure on your 1st lien.