Private loans are private loans and contracts are contracts, right?

But mostly private and hard money lenders to help fund my future projects I find.

I'd also get a text asking me to choose something, one which would save money.  

Awesome observation @JD Martin, but it will take me years to save up enough money to buy a house (even at 20% down) and then save up enough to fix it up.  

If you want to save the floor, sand to bare wood and have a decent floor guy blend a darker stain into the areas that can't be saved - *not* over the entire floor, which will just make those areas even darker.

I have a great W2 job now, but not enough in savings to plunk down on a property right now.

I need some advice and some instruction on the proper procedure in writing up a contract with a private investor and contractor.  

I am new to working with private lenders. 

I have been a Commercial Real Estate Broker for the last eight years negotiating privately leased space for various State agencies in California which is a pretty good gig.

We are renting a house from a private party.