Private Money

[Account Closed]

I have someone who is interested in lending the money and not doing the work (private lender). But, I'm not sure how I should go about in structuring the loan to make it beneficial for us both. Do I get the Deed in the person's name? Do I set the interest rate and term of the loan? Do I find a deal first? But, going the conventional route, I need to show proof of funds (20% down).

Welcome all advice and comments. Thanks.