Info needed on Private Money Loans

[TJ Addison]

Hello all,

I had a question about how private money works...  If I have around 75k to invest but need about another 25-50k to put down a down payment on a decent multi-family I was thinking that private money would be the way to go but I had a few questions...

Is private money lending a short term deal like hard money or can you extend terms for say 5 years?

If I received 50k from a private source how do banks look at that when they require a 25% down payment?  I would think that they look at that as an additional loan so I wouldn't have the 25% down that they would require.

Based on the question above about banks... if getting private money do you normally fund the entire balance of the property with them since in my situation I wouldn't have the full 25% down payment?

Thanks for any help you may provide.

TJ