Can one find a low rate Private Lender on BP?

[Amy A.]

I've searched the forums and can't find an answer to a question that seems pretty simple. I have a 5 unit apartment building that is almost to the end of a 5 year ARM. I can refinance with a local bank at around 4.75% for 5 years, amortized for 20. I owe about $112,000 and have plenty of equity. I will have no problem qualifying, but would like to give the opportunity to a private lender. Is BP the appropriate place to look for a competitive private lender, or are there mostly hard money lenders here? Would my time be better spent dealing with local banks?