Private hard money lender

[Chris Vogel]

What are some good questions I should ask     when talking to a  private hard money lender?  I've seen some things about points what are they for? I think they typically charge 10%-12%, what is the percentage usually for a beginner investor  i'm assuming higher percentage  because there's more risk. I'm not sure how it all works, I'm trying to get educated so I know what to  expect ( and not look like an idiot) when talking to a  hard money lender?  Thanks in advance for any help!