Private Money Loans

[Nicholas S.]

This is what I need help with. I am trying to purchase properties using Private Money(not hard money loan) in CA.
First, I am trying to find a good note template for a private loan specifically used to purchase real estate(I don't know if that matters, but most of the templates/samples I have looked at aren't structured in the way people have described them to me). I would like it to last for X number of months at Y annual interest and it would allow me to pay back the full loan at any time. It would also provide the purchased property as collateral, if I default on the loan.
Also, I don't understand how the loan would be execute, I mean specifically, How does the money get from the lender to me, and from me to the purchase of the property. As I understand, it all happens at the closing of the property. But, that is about as far as my understanding goes. How should the purchase be structured? What needs to be in the purchase agreement to tie it to the loan note and to protect me and my lender.
This is a little more general to my overall strategy, but I plan on using one of these three exit strategies after purchasing the property: Flip, Rent, or Lease Option. I am targeting SFR/Condos within 60k-100k price range.
If there is anything else I might be missing, please tell me.
Thank you so much,
Nicholas Spinner