Decide whether you want to lend or partner and then see a lawyer to help you with the process and the paperwork.

There is a TON of paperwork and preliminary costs that really add up before the first shovel of dirt is turned over.

It is just a bit more of paperwork using the same form (CIV-100) to request a court judgement awarding you damages.. . . then comes the process of collecting!

However, I've not had to deal with them for actually doing transactions, so I have no experience with how quick they are at doing the paperwork.

I still don't know how you guys handle all that paperwork that comes with RE transactions.

They wouldn't require this if the lender was a well known mortgage company in your area, but for a private individual, they may well.The mechanics are that the lender will provide their stack of paperwork to the title company.

Another week and I'll be sending required paperwork to the DRE to test.

Of course they have no idea about usury, what's a good loan and what's a bad loan, what paper work to use, securities, etc ... that's a train wreck waiting to happen, imo.

., I can't remember the particulars; but, 12 members put in close to a million dollars.The "paperwork" on the LLC was completed by a "member" attorney/CPA.

In my quick overview of some paperwork sent to me, it seemed that Marquis essentially reserved the right to sell you a substitute property if the one you agreed on and signed all documents for somehow wasn't available when the actual closing took place....