private money lending contract
this loan can be for anything as it doesn’t have to for real estate but you can use it for that as the reason for the loan. it is good to have this on file for any changes to that you know they are documented and recorded. you also want to make sure that for every document that creates a “lien” or something like that you also get the completion and finishing document to record. one big reason is that it lets your private money lender know the kinds of information that a “normal” loan has and we record ours based on that. ) here is a private loan agreement, this loan can be for anything as it doesn’t have to for real estate but you can use that as the reason. – plus you are even getting all the paperwork to download for free below… there is a great post and class on the 38 ways to buy apartment buildings zero down with pet policies, and here are some other helpful and epic posts... for starters as a real estate investor if you ever want to build a business that makes you 30 grand a month then you must do this... here's a class on exactly how to make $30,000 in passive income as an out of state indy landlord. also here is a post on how i did this and i flipped a house off zillow for 30. also you can check out the post on five steps to flip a house right off zillow for 40 grand. that is a two part series so make sure to watch the second part on the 30 ways to buy real estate zero down and with no loans or credit. ... the elephant rope: how to use the power of optimism to grow businesses and create generational wealth as a real estate investor. as a real estate investor a lot of your success is going to depend on how well you can estimate repairs accurately. (yes and here's why) if you are serious about flipping houses or creating a $30,000+/monthly passive income in real estate then you need to understand construction. the last phase of a real estate flips is putting the house on the market. the biggest factor in your long term success as a passive income real estate investor is going to be property management.