Lending money to a Rehabber

[Mike Nelson]

Was wondering if anyone could provide a brief summary of what all is involved when lending to a rehabber. I found one that I am interested in lending money to for his projects but do not know what all is entailed as far as securing my loan against the property and general terms/conditions. Is this as easy as finding an attorney to draft some loan documents and lending the money, or is there all sorts of legal hoops I need to jump through to get started? Any article references would be great if anyone has any. Thanks.

Mike