My business partner and I have a signed contract for a home and an adjacent lot. We have investors lined up, but we don't have a legal document to use. We need the investors to close the deal. We have an LLC set up in SC, and that is where we are operating. Any help, or pointing in the right direction would be greatly appreciated.
We'd like to stipulate their contribution as well as payment terms. For example: Investor contributed 10,000, and will receive 11,000 as a lump sum after sale of the property, plus any interest at 9% APR if sale is more than 90 days after date of lending.
To note: I looked in the BP file center and couldn't find anything that fit the bill.