New to Site - Private Lending

[Devan R.]

I'm new to this website - found out about it and have been hooked since Saturday. I've been reading several post about private lending for a year and then taking a mortgage out after the 1 year. How does this work? What's in it for the lender as for as lending the money. Surprised to hear there are private lenders out there that does this. Any feedback would be appreciated. We have one rental property and getting ready to have two once our new home is finish being built this summer. (Will rent out our current home for 2nd rental). I'm interested in acquiring more property but the concern would be the 20-25% capital so I'm very interested in private lending to see how this all works.