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Updated about 5 years ago on . Most recent reply presented by

William C.'s profile image
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William C.
  • Real Estate Agent
  • from Souderton, PA
  • Member since Aug 16, 2016
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William C.'s profile image
William C.'s profile image
William C.
  • Real Estate Agent
  • from Souderton, PA
  • Member since Aug 16, 2016
Connect
William C.
  • Real Estate Agent
  • Souderton, PA
414
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591
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Tax, SDIRAs & Cost Segregation

How do I file a lien for a private loan

William C.
  • Real Estate Agent
  • Souderton, PA
Posted

We own a property free and clear. We’d like to borrow $50k from a private investor. We’d like to sign a note and attach a lien so the investor is protected.

What are the mechanics to made this happen?

Attorney drafted note? Can we draft it?

Is it just a matter of having a title company file it with the recorder of deeds?

Thanks!

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