Private Investor Contract
Greetings: I have a private investor who will give me $10k for all the rehab deals I make. In return this investor wants a 12% intrest on this money and some language that she will not lose her principle if a deal falls through. She lives in Georgia and I live in Maryland and she wants me to give her a contract. Any suggestions? :-?
Just get your agreement in writing so you both clearly understand and agree to the terms.
A few bucks spent now with your attorney could save you LOTS of trouble later on.