Financing with $$$ from Private Investors

[John Foster]

Hey Everyone,

Can somebody please explain how one would finance a property with money from private investors paying say 10-15% interest on a short term loan, say for 6 months? What if you are flipping the property and it takes longer than 6 months, then how would you continue to finance it? I know this all hypothetical, but I'm just trying to get a better grip on various ways of financing a flip. Thanks!