At some point, action is the necessity, and I guarantee your friends of friends with scads of sub-2 experience did not shred their nails at night over due on sale.stated in another way, due on sale might matter if plan to do 100's of deals (probability), miss mortgage payments, and/or flaunt deed transfer docs frivilously before the eyes of the mortgagee.

you can customize a prom note to include an equity share provision.. no real template something you create for the transaction..

I don't know what put such a big chip on that shoulder V.G but feel free to stop flaunting it here via attacking Someone's CORRECT effort's at looking to BEST elevate themselves via the same thing the vast majority of great success's have; a COACH. 

Again like I said as far as experience goes I have plenty, 3 TV interviews, a few radio shows and...never mind...I do not need to flaunt credentials.

She's actually a couple years younger than me, so I actually took her to senior prom in it, we went on numerous road trips, and to be quite honest, that car was as much a part of our history and relationship as anything else - and I'm not sure my financial portfolio could have given those same memories and for that I'm thankful, even if a bigger investment portfolio could have flourished into other types of memories.  

Flaunt it!

I normally don't advise seeing an attorney for something this vanilla but based on your post, I can tell that your new to this and I would highly recommend you seek legal council before you make this loan.. as others have stated.. a Prom note alone is not security its only as good as the guy or gal signing it and if they need money from U usually means they have no real assets.. so if you had to collect you would probably lose most if not all your money.

Our Galveston TX str has had a slower than expected launch. 5 reservations since launch, and 3-4 other inquiries we couldn’t fulfill for one reason or another (usually too many guests and / or prom parties; don’t want to be too bad of a neighbor and let things get out of hand). 

Do we live in dangerous times, with populist governments wanting to flaunt their economic ignorance with pie in the sky ideas and solutions?

So leave the sensitive stuff for later (if ever—it’s not customary to provide that stuff in equity transactions and your debt folks are going to want current stuff or to run it themselves).Since you have experience, flaunt it.