I have read about private lenders here on Biggerpockets, and even researched the lenders on the directory it seems the ones that deal with the location I am interested in (GA) only finance fix and flips.

We have not yet used private money but believe we could do more with it.

Any recommendations on how I can tap into private investors who are interesting in lending at a 16% APR and allowing us to put down 1.5% of total loan? 

If you would like to know more about the deal please private message me.

It's best to use cash - either by using a line of credit, private money or hard money to fund the deal.

Good luck to you.Also, as I have shared with others on here, I have some private thoughts on some of the local clubs and meetups.

Good luck to you.Also, as I have shared with others on here, I have some private thoughts on some of the local clubs and meetups.

The folks in my group are willing to pay 12% to 20% for private funds depending on points and payments.Hope this helps...David J Dachtera"Success is not a destination.

Finding out after 4 VERY costly evictions over a 24 month period that something needs to change.(1200+ per eviction for attorney, + 3 months unpaid rent each eviction = average 4.2k per eviction = 17k loss over 2 years - not including the thousands in damage that was done)Business evictions are heard one day every 2 weeks and take  3 months, privately held every day and take 6 weeks on average.

The private loans I create have escrow accounts set up on ALL loans after realizing that MOST borrowers will not pay their taxes and insurance when due each year without an escrow account.