Seeking advice on documents & structuring private $$ agreements

[Alex McGhee]

I recently found private money lenders, this will be my first venture of this sort. I am seeking advice on what is a typical % and typical terms, ie. Int only vs P&I payments, one year payback or other, and how to put the agreement on paper. Does anyone have a template I can use to customize?

Please advise,

Alex McGhee