Questions to ask a Private Lender

[Cody Stone]

I want to vet a couple of private lenders I've met in my area. I am new to investing and have  after the shinny object syndrome wore off I narrowed my focus to being a flipper, or as I like to call it, a real estate renovator. The word flip or flipping I believe has a bad association with tv shows and the like. 

From a buy and sell standpoint what would be some intelligent questions I should ask when meeting with a private lender? Any advice is greatly appreciated!