Hard Money Lending - Becoming an Investor

[Marimar Hernandez]

Hello,
I am new to investing and have the opportunity to start investing on a hard money lending transaction for a short sale purchase and flip transaction.

According to the company servicing the loan:
The loan is a 1 year interest only. The note rate will be 11% with an investor a rate of 10%. The buyer is a seasoned property flipper (they have done 5 loans for him over the past 2 years).

The LTV is 65%.

How would you decide if this is a good investment?
What advice do you have for hard money investors?

Thanks!