I am in the process of finalizing an agreement for some private funding for my next flip. Once we finalize the terms I will need a legal contract to put it all in writing. This private investor will not have any control or ownership. They will simply get a certain % of return on their investment. Can someone point me in the direction of a free contract template where I can just fill in the blanks? The ones Ive seen that claim to be free ask you to sign up for a trial membership which will then begin to charge you if you dont cancel.
Hi @Danny Quintana , your title company should be able to work these up using their boilerplate versions.
Fortunately it sounds like your agreement with the private money investor is a simple setup and they'll be able to whip this up with ease!
@Danny Quintana , a title company may be able to help, or you should engage an attorney to draft the documents for you. It pays to cover yourself in these situations, and not look for the cheapest option. Additionally, if you pay a professional to handle it, you can use the template for future deals.