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The 25 Best Sunbelt Markets for Cash Flow—And a Closer Look at the Top 4
Jazz icon and Los Angeles native Roy Ayers once famously sang, “Everybody Loves The Sunshine.” Never have truer words been said. The Sunbelt states are having their moment in the (ahem) sun, with […]
Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details
In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall: […]
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Jalil Carter's profile image
Jalil Carter's profile image
Jalil Carter
  • Investor
  • from Cambridge, Ohio
  • Member since Sep 7, 2017
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Jalil Carter's profile image
Jalil Carter's profile image
Jalil Carter
  • Investor
  • from Cambridge, Ohio
  • Member since Sep 7, 2017
Connect
Jalil Carter
  • Investor
  • Cambridge, OH
4
Votes |
7
Posts
Buying & Selling Real Estate

Private Lender Documents

Jalil Carter
  • Investor
  • Cambridge, OH
Posted Mar 21 2018, 12:07

Hello fellow investors! Im getting the last ducks in a row to close on our first flip using private money. We are unsure if we will need a mortgage along with our promissory note or if the promissory note is sufficient by itself. Have any of you ever secured the loan with a note and no mortgage?

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