I was struggling with finding a lease agreement online that reflected that arrangement.

Recourse and non-recourse loans are two types of financing agreements that differ primarily in the lender's ability to seek repayment beyond the collateral.Recourse Loan: In a recourse loan, the borrower is personally liable for the debt.

We ended speaking with the owner , changing management teams and after 2 months ended that agreement.

Until I had my own I just used the state long term lease agreement.

Specialized policies, contractor recommendations, tenant screening, lease agreements, utilities, and exit strategies are also important.Good luck!

One thing that we were not prepared for was the new lender required that our tenants have a signed lease agreement before we could move forward with the new house.

So you still need to sign.Have you provided them a copy of the operating agreement of the LLC, certificate of good standing etc.

The cool thing is you can structure the agreement between you and the private money investor in a lot of different ways that works for both parties.

Is it one investor per deal, then they would act as a private lender and that typically includes a note, deed of trust, loan agreement, personal guarantee, assignment of rents and a few other docs.

Request sample documents, including management agreements and monthly statements.