How to Attract Private Lenders for 6+ Unit Multifamily Properties?

[Frank Alfano]

Hi BP Community,

I'm a multifamily investor based in NJ, transitioning from smaller multifamily units to 6+ unit properties. My goal is to acquire and stabilize these larger properties using private lending to fund down payments and renovations while executing a BRRR strategy.

I’d love to connect with private lenders or experienced investors who’ve used private capital for similar deals. How do you typically find your lenders, and what’s worked best for structuring deals?

Open to advice, tips, or even collaborations! Looking forward to learning from this amazing community.

[Timothy Hero]

There's many on BP and even sometimes in Facebook RE groups. Be careful, however. Put yourself in the shoes of an investor: is the property in a good market? Can you net a solid profit, without having too much risk? If the borrower creditable? If the answer is no to any of these, don't count on capital being thrown your way.