Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

438
Posts
352
Votes
Marc C.
  • Buy-and-Hold Rental Investor
  • Santa Fe, NM
352
Votes |
438
Posts

Private Lenders: What mortgage/net forms do you use?

Marc C.
  • Buy-and-Hold Rental Investor
  • Santa Fe, NM
Posted

Hello Experienced Private Lenders: 

I am in the process of putting together my first private money investment: Loaning $90,000 to a couple from my Mastermind group for a fix-and-flip for 6 mos. When I have borrowed privately before, I just used the appropriate Fannie Mae note and mortgage forms for my state. Can I use those for this purpose as well? Are there any fix-and-flip particular clauses I should add? 

Thanks in advance, 

Marc C

Loading replies...