Private money lenders who want to earn 3% ?

[Ian Dyer]

Who has experience getting low interest private money loans? With banks paying under 1% on savings and CDs, there must be people who'd be glad to get 3% and be protected by a low LTV mortgage/deed of trust. It seems like a win-win. Who has experience with this?

We're talking about properties valued from $2mil to $15 mil, in California, owned by solid companies and backed by individuals with high credit scores.