Tax Liens & Mortgage Notes
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 almost 9 years ago on . Most recent reply
Participatory Notes (?)
I'm interested in loaning money to my GF for a quick flip she has under contract. Rather than have her sign a simple Note (and maybe a mortgage securing the Note), I would rather get a percentage of the profit from the sale of that flip. I've heard that such Notes are called "Participatory Notes." Is this correct? If not, what are they called and where can I get a template I can use to draft one?
Most Popular Reply
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
- 63,025
- Votes |
- 42,777
- Posts
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
you can customize a prom note to include an equity share provision.. no real template something you create for the transaction.. I have done this many many times..
my favorite was with smaller developers were I took some of the upside
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners