How to find Private lenders

[David I.]

Hello everyone I have been investing for about two years and have six successful rehabs under my belt. I am a buy-and-hold investor, started with single-family recently purchased a duplex and want to go bigger.

I know this topic has been discussed before and I searched the forums, but the question is how do you find a private lender in your area and what do they really loan?

Really what I’m looking for is a private lender who would loan the down payment for a larger multi family.  I can get the financing fairly easily I believe, but I don’t want to use up all of my funds for a large down payment.

The only advice Ive been given so far is “ask everyone you know”. Other suggestions are seller financing, but how common is that? Is that something you can suggest to the seller?

Thanks for the advice, I really want to move up to bigger properties.