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Updated over 8 years ago on . Most recent reply

Gerald Marshall's profile image
Gerald Marshall's profile image
Gerald Marshall
  • Investor
  • from Cumming, Georgia
  • Member since Apr 18, 2016
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Gerald Marshall's profile image
Gerald Marshall's profile image
Gerald Marshall
  • Investor
  • from Cumming, Georgia
  • Member since Apr 18, 2016
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Gerald Marshall
  • Investor
  • Cumming, GA
21
Votes |
56
Posts
Private Lending & Conventional Mortgage Advice

Private Money

Gerald Marshall
  • Investor
  • Cumming, GA
Posted

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?  

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Charlie Fitzgerald's profile image
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Charlie Fitzgerald
  • Lender
  • from Las Vegas, NV
  • Member since Aug 12, 2015
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Charlie Fitzgerald's profile image
Charlie Fitzgerald's profile image
Charlie Fitzgerald
  • Lender
  • from Las Vegas, NV
  • Member since Aug 12, 2015
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Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
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Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
Replied

Get to an attorney and put this relationship in writing to protect both of you and your friendship 

  • Charlie Fitzgerald
    • 7 Votes
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