Getting Financing - Private Lenders?

[Chris Rogers]

Good Morning,

Has anyone had any issues with getting financing for future rental properties? We recently bought our first rental property (closes Jan 31st) which used up a lot of our available equity according to our mortgage broker. He says we only have about 75k in equity available.

I've got a great opportunity to team up with another investor but need to come up with at least 150-300k in available equity. What about private lenders? I'm hesitant.