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Updated almost 12 years ago on . Most recent reply

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Bryce Cutler
  • Investor
  • Wynantskill, NY
77
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178
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Private money contracts

Bryce Cutler
  • Investor
  • Wynantskill, NY
Posted

what is the best way to create a contract for a private investor?

Thanks,

Bryce

  • Bryce Cutler
  • Most Popular Reply

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    Will Barnard
    • Developer
    • Santa Clarita, CA
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    Will Barnard
    • Developer
    • Santa Clarita, CA
    ModeratorReplied

    Best way, have your attorney draft a promissory note and deed of trust (or mortgage if you are investing in a mortgage state) that protects all involved.

    Next step is to make sure lender is protected via title insurance, hazard insurance, and your ability to perform.

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