Hard Money Loans

[David Braut]

I have been approached by a Realtor whom I know fairly well asking for me to do a hard money loan for a client of hers.  Apparently the client is successful and fairly savvy.  He and his wife run some successful str's and need some money to start another one.  

The property location is in a good location.  They want to borrow $150k with my lien in first position.  Property is listed at $380k.  Term 3-5 years.

Can anyone advise me as to terms I should offer (interest rate, points, fees etc) and anything else I should be looking for to make this loan?  Thanks!