New to Hard Money Lending - Analyze this deal please

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Hello fellow BP enthusiasts,

I was approached by an investor I know to loan money for a flip project. I know the investor well and he has been a successful and busy wholesaler.
 

He is looking for: "$110k for acquisition and repairs. Six month term at 9%, no points. Deed of Trust secures your investment. Repayment after repairs and resale"

I don't think they put any of their own money down. So I would be funding the purchase and rehab of the property a 100% and not be paid until the sale. I have the funds and it beats the stock market at the moment. 

However, I am new to hard money lending....is this a good deal?  I just wanted an opinion from fellow Bigger Pocket investors.

Thank you!

-Mike