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Updated almost 9 years ago on . Most recent reply

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Franchot Tone
  • Investor
  • Bend, OR
5
Votes |
9
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Resources to Prepare a Private Money Note

Franchot Tone
  • Investor
  • Bend, OR
Posted

Hi There- I am a purchasing a property using private money. Can anyone offer suggestions on where to find or create the documents? I couldn't locate any resources. I wish to set up a 1 year  non amortizing note with a simple interest balloon payment at the end of the term. Let me know if anyone out there can offer suggestions on how to create such a note and secure it with a first lien against the property? Thanks in advance for your help.

  • Franchot Tone
  • Most Popular Reply

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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
    Replied

    simply go to your local title company they will put it together for you.... its what they are there for.. you want title insurance and your lender wants a lenders policy

    business profile image
    JLH Capital Partners

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