Thoughts on finding great attorneys for creative deals?

Question

Hi,

I’ve been around attorneys for a while & I even studied criminology & law in college. Most of them think practically because the law is the law. Finding those who think creatively is not so easy. I’ve started to explore the “creative deals” side of real estate & honestly it’s pretty amazing. Im mainly interested in the commercial side of it but residential would be great too. For this, I need intelligent lawyers who understand creative deals, are ethical & secure their client’s interests. Thoughts on where to find them? I personally think networking & closely monitoring other creative deals done by which attorney would be a good place to start. What’re your thoughts?

Peace & Blessings!

Chris Seveney · Answer

@Rehaan Khan

Plenty of very good real estate attorneys out there and especially good ones who will tell you you all the risk involved - which is why many shy away from many of the “creative” financing deals going on right now which are just unqualified buyers finding ways to buy a home and those attorneys do not want to be part of the lawsuits later on.

Scott Mac · Answer

Just some food for thought on your hunt for the Red October.

Are you looking hire an ttorney To teach you creative strategies And recommend Creative strategies  to you, or are you looking for a chain dog to implement your creative strategies?

Because if you're looking for someone to take the lead on putting creative strategies together - that might be a much harder find.

If I were looking for a person like this, I would grab my iphone and call the individual who had worked on a similar deal that I wanted to do.

I would try to get a feel for the  personal connect I would have with this person, ie. how much of a thorn of a personality would I have to deal with to get what I wanted. Hopefully none.

I'd also try to get A feeling for how much control this person wanted to have in the deal. From being a total catcher's mitt, to being the star pitcher. Because in my world I am the star pitcher. The boss.

Although in certain circumstances I could see someone wanting to have an attorney who really takes the reins on the deal.

Good Luck!