Private Lending Mechanics

[Timothy Douglas]

When do private lenders actually get paid? Say I want to buy a house that's worth 45000 to buy and hold. I need a 9000 dollar down payment. Let's say I get that from a private lender. When would they actually get that money back? It wouldn't be for a while so why would they give me that money? I understand why they would carry the mortgage. Even then, would they give me the whole 45,000 cash? My last question is whether or not these private money websites that accrue investors that lend nationwide are worth my time?