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Updated about 8 years ago,
alternative types of financing
hey guys. i was just reading over some forums on here, and ran across a few flippers that say they use private money. i have been nervous about ever doing that. up to this point, i have used conventional financing through a bank, and /or my own savings. i'm open to hear the pro's and con's of doing other financing options. i understand that private money doesn't take 30 days to access as conventional financing. i researched private lending rates and fees a while ago, and it scared me away. in saying that... i feel im really limiting myself, because i'm only relying on my own money. thoughts? thanks in advance for your help.