Loan documentation for private lending.

[Taylor Green]

Hi,

I was wondering the best way to go about getting loan documentation (promissory note, deed of trust, business loan agreement) in order to lend on my first property.

I have read I could buy standard loan templates online, but is it worth it having an attorney draft them up instead?

Also, is there a way I would be able to use the same loan documents for each loan I do in the future, and just be able to change certain things like the interest amount and the borrowers name? Or will I have an attorney re-draft new documents for each loan?

Roughly, what should I be expecting to pay for these documents?

Thanks again for all the help...