How to create Priveate Loan?

[Scott R.]

Ok, so I have possibly located financing for a property I'm interested in purchasing, just kinda talking to a possible investor.
At this time, neither one of us really know the in and outs creating such a loan.
What is the process we would go through to create this loan and make it best for both of us, as he doesnt wanna put his money out and get screwed, and i dont wanna make payments and never end up with the property.
just an FYI property sales price is $25900.
were talking bout a 30 year amort 3 year balloon interest only, 4 points up front.
Thanks!!!
-Scott