Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
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

9
Posts
5
Votes
Franchot Tone
  • Investor
  • Bend, OR
5
Votes |
9
Posts

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.

Most Popular Reply

User Stats

44,923
Posts
66,254
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
66,254
Votes |
44,923
Posts
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

Loading replies...