Updated about 11 years ago on . Most recent reply
Hard Money Contracts
Hello All,
If I have private lenders who have never done a hard money loan but is willing to loan me money what contract should I use? Promissory note?
Most Popular Reply
Karen Margrave
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- Realtor, General Contractor, and Developer
- Redding, CA & Bend OR
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@Peter Grosso You will need to know what is required in your state. Some states require that loans be done through a licensed mortgage broker, I don't know if yours does. Maybe @Ann Bellamy can steer you in the right direction.
- Karen Margrave