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Updated about 5 years ago on . Most recent reply

Need Help - Lending $24k To A Friend
I'm looking to help some friends out with their first time purchase and have some questions. This will be their primary residence and I'll be lending them $24k. Loan will be in second position and will be recorded after they close escrow. Terms are $24k with 5.0% interest only due in 10 years. My questions are:
1) Is there a good website or somewhere cheap/easy I can use to draft a note?
2) What's the process look like for recording the note?
Any info you can provide would be very helpful. Thanks in advance for your time.
~Ryan