Drawing Up Loan Docs as a Private Lender

[Brian Bistolfo]

Hi All,

I have a freshly minted LLC that will be acting as a temporary lender (until I refinance) for a deal I'm involved in. However, I've never drawn up the perfunctory documents that I'm sure you need if you're going to act as a lender and file the mortgage with the county (although many investors in my area make it sound like no biggie). It's important that this is documented as a loan with the county (and not simply a cash transaction) as that affects the refinancing picture. Would someone be able to point me to some documents I could configure myself where I could record the loan, its terms, etc. and file them correctly with the county?

Happy to hear of any pitfalls I haven't anticipated as well.

Many thanks!