TRUE private money is simply someone you know.. your dentist lending out of his SIDRAor someone you meet at the RIA's and start talking too.. they are doing 1 to 3 deals a year and its not their business.Anyone doing anymore of that or advertising in anyway is not a private lender.. they are HML that are in business.. when you see rates that rival full doc bank loans from a HML or private lender then that is a HUGE Red flag..

When I have a toothache I see a dentist.

As far as finding guys on Craigslist , thats like looking for a Dentist on craigs list , you may find one .

Hello Keith,What you are doing is quite common among W2 passive investor such as doctors, lawyers, dentist, etc.

They targeted dentists and doctors, then used that as credibility for getting other investors.

Not all contractors or investors are equal, nor docta, dentists, and others.

How close is the proposed purchase from the hospital, physician and dentist offices, emergency medical services, etc.?

Private money lenders can be friends, family, your doctor, dentist, neighbor, people you know from work, from business, etc.

I'll continue with emphasis on the part about starting off with true "Private Money" - friends, relatives, neighbors, your dentist, folks you know who aren't necessarily in it for the profits (but who wouldn't mind . . .),  and starting with one property. 

The finish could be totally different for say, a dance studio, vs a dentist office.