How do you structure a private financing loan for a flip?

[Anthony Barbato]

Hello,

I have a client that has ran out of money during a rehab and is now in search of a $150k loan to finish the project. The project has an after market repair value of 760k, seller bought the property for 270k and owes 465k on it. They can repay the loan in 4 months at 30% interest. How can you put this agreement into writing to ensure that both parties are protected?

Thank you