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Private Lending & Conventional Mortgage Advice

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Michael Wentzel
  • Investor
  • Colorado Springs, CO
272
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640
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Deed of Trust for Ohio?

Michael Wentzel
  • Investor
  • Colorado Springs, CO
Posted Jun 26 2017, 13:24

Hello BP,

We have 19 properties in Colorado, many of which we purchased with private lenders putting up the cash. As we learned a bit, we started to use a promissory note with a deed of trust (recorded with the county) to put the lenders in a safe position.

Now we are buying our first property in Ohio with a private lender putting up the cash. Can I use the same promissory note and deed of trust as Colorado? If not, does some one have a template for a these two documents that have been used in Ohio? Or is there a RE lawyer in Ohio you could recommend to review and revise my promissory note and deed of trust?

Thanks for the help.

Mike

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