@Jose ChavezAs mentioned notes are very standard documents that your attorney should draft.A PG is another separate document just like there also should be a loan agreement if to a LLC and some security instrumentWe use an attorney to always draft these and charge the costs to the borrower as part of the closing costs

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Partner Driven financed the Woods Drive deal using its own capital, covering the $240,000 purchase price and $38,500 in renovation costs.

The last offer I signed on was half the cost of the appraisal of the home, and they still pulled out. 

I have to figure out the cost/investment of building a home from scratch vs potential rental income, etc. 

@Laura WilliamsI need to get the cost of the machines.

It costs #10,000 and he ghosts you after he receives the money. 

How much did the program costs?

They'd get so mad, that it made me think there was a strategy to get us to eat the costs.

When you have a big cost segregation depreciation plus your big startup expenses such as furniture and supplies, and you then have a big tax deduction against your big W-2 income because your passive losses are no longer limited with your big material participation, it increases your audit risk a ton.