I can't believe this happened. I went through all the work to get a loan through, only for it to fall apart at the end. The borrower didn't even have it under contract. Lesson learned.
I put together a 12 module private lending safety framework. It is just the lessons I have accumulated from doing it myself and from working with people who have been doing this for a long time. To get a clearer picture of how private lending is done safely, start here: https://acescapital.kit.com/pmlframework