My first loan to a property purchaser

[Jim Workman]

I offered to make a short-term loan from my SDIRA to a friend who is buying a property in St Louis.  Neither of us has ever done this before so we would like to know the correct way to set up the contract.  Should we go through a loan broker / attorney?  Does someone have a sample loan template?

Any other advise?

[Ivory Hayes]

I wish I could be more help in regards to setting up he contract, but I do have a small portfolio in Saint Louis with contacts on realtors, prop mgmt, contractors, etc. PM me if I can be of any assistance to you.