Private lending loan documents needed

[Samuel Bavido]

Hello all, 

I'm working on a deal that is supposed to close on Nov 13th. I am putting $10,000 down, which I am getting from 4 different private lenders (1k, 1k, 3k and 5k). The bank is providing the rest of the funds ($40,000) for the purchase and flip. 

I'm looking for a contract template for the private lending money. It needn't be terribly complicated; it's just 12 month financing with interest only payments, with the balance due at the end. Anyone have a good resource for that? 

[Paul Choi]

I've used lawdepot.com to generate a few contracts for my private investors - some interest only for 1 year, some for a share of the profits.  Type in the names, terms, etc and it generates a contract that you can print out or make a few final edits then print.