I already have a couple potential deals, but the biggest hurdle I'll face is finding a private money lender who's willing to lend to someone with minimal experience.

All, I consider myself a beginner in real estate investing, but savvy in business/finance.

Real estate investing is my life's work.

You are basically paying a risk premium, if there are no issues the money you paid is gone. 

That gives the agent a stronger offer and you have a greater chance of winning the home with a loan commitment versus a Pre-approval letter.As of this morning rates are down on all programs for Primary homes, Second/Vacation homes, and investment homes. 

Background:I am under contract for a 3 unit property and have traditional financing available but have thought about the idea of asking a family member to loan me the money instead.

You must document the use of the money to prevent a claim that you made a consumer-purpose loan.

It's a good idea to look for lenders that specialize in more flexible terms, such as portfolio lenders or private money lenders.

Investment Info:Single-family residence buy & hold investment.

Check local courthouses or legal publications.Foreclosure Lists: You can acquire these from local courthouses or subscription-based services.Tax Delinquent Lists: Homes with overdue property taxes can be potential investment opportunities.