Private money lenders

[Jiri B.]

I've been investing in real estate for over 10 years. I love working with banks but when it comes to scaling, there is just too much red tape. 

It is very flustrauting when it comes to funding new deals. They would rather lend money to a new investor purchasing a first rental property who has fulltime job as a bar attender and making 50k a year then to a real state investor who has a portfolio and lives off their self made income. Equity, experience and vision means nothing to them.

Im thinking about perhaps starting to look for private money lenders who might be better align with my vision but unfortunately have no experience with that and don't even know what to expect.

Does anyone work with a private lenders? I'm taking family style lenders. What type of terms can I expect from that and is that even something worth persuing?