How to Convince a Private Lender to Loan You Money

"I love that all he could say is no. That's the worst that could have happened, so why not do it?" she says of her real estate investor. "He didn't know I was doing Airbnb because I felt weird telling him about it." She gets a five percent interest only loan for three years and still owes more than $100,000 in principal. He gives her money based on his knowledge of her work as a massage therapist or an Airbnb host.