Professional Paperwork - Work with attorney?

[Eric Wood]

Hi everyone,

I'm planning on purchasing my first investment property in the next few months. I'l be purchasing via my LLC, but will likely be getting a private loan from family for part of the down payment. Before beginning the transaction, I want to make sure that everyone involved feels comfortable and protected. To accomplish this, I want to provide my lenders with a personal guarantee and Promissory Note. I also need help drafting up rental agreements and other paperwork. I know that you can find a lot of templates for real estate documents online, but I'm not totally comfortable just ripping something off the internet and hoping that it would hold up in the event of a lawsuit.

Should I be working with a lawyer / attorney to create templates for this paperwork? If so, what qualifications should I be looking for to know I'm working with the right person? Any advice is appreciated 🤠