Looking to Refi my first Rental

[Joel Phipps]

So I bought my first rental property a few months back in a mid to lower income area of Orlando, Fl.  I bought it cash and I am currently renting it out at $700 a month.  I have no active credit as I have never had a credit card and recently bought my car cash (I have never financed anything).  I realized the power of putting my dollars to work so I decided to look for private money as I am willing to pay up to 7% on a $25k loan.  I do not want to deal with banks at this time as I want to start to build credit before doing so.  I recently just started reaching out to my old buyers for my past wholesale deals, family, friends, ect... Any suggestions on how I should approach them?