Updated over 8 years ago on . Most recent reply
Private Money
I have a family friend who is in a position to become my personal private lender. I would like to make this as easy for him as possible. Any advise on how I go about assisting him in setting up to do this. I am a moral and ethical person who wants to treat him right with a good return and protecting his financial interest with putting him as first lien holder and the such. Any advise?
Most Popular Reply
Get to an attorney and put this relationship in writing to protect both of you and your friendship