Becoming a private lender

[Zk Lani]

Hi there,

I’m planning on becoming a private lender to some local investors. I would appreciate any insight from people who do this routinely, any resources to share, such as agreements, etc.. I know I would need a promissory note and a deed of trust. I will be lending at 12% interest to be paid monthly. It would be great if someone would be willing to share what they’d typically have in their promissory notes, and tips on how to further prevent any potential problems. Thanks y’all!

ZK