Looking for creative financing for more than 6 properties

[Kelsey Heitrich]

I am a real estate investor who currently has 5 rentals and 1 primary. I haven’t bought a property for a couple years and I’m looking to get back into the game. My plan is to use equity I have in other rentals for the downpayment of the new rental. Price point of the new property is about $300K. I have gone to my mortgage broker, big bank lenders and have been unsuccessful. I’ve had private lenders more than willing to lend, however I am looking at 8-11% interest rate. Just curious what other more experienced investors would do in a situation like this? I am based out of Alberta Canada. Wondering if anyone has specific banks or mortgage specialists they work with that can help out with a situation like this? Any info or tips would be appreciated!