Private Money/Escrow Note /paid off property.

[Jeff Goodale]

I am looking to purchase a property with all cash then rehab and hold.  Looks like all in will be under 100k.  However, I anticipate that prior to the 6 months I am waiting to refinance that I will want to utilize private money.  I have not used private money in the past and am wondering about how to setup.  Will I need to record the private note against the property?  I assume I will need to to utilize an escrow / title company to put the note in place?  If I am doing this should I just start with some portion of Private money so I don’t have to pay title company twice?  Is the note against property the most common form of setup?  Maybe I should just have the private money for rehab but I assume PM lender would still want note in place.

Sorry for question upon question but I want to maximize the Bigger Pockets community as best I can.

Thanks for the help.

I am not ready for the funds yet but for all interested send me a message and I’ll reach out when closer.