Creative Financing Vs. Money you already have

[Christopher Robles]

Hello Bigger pockets community!!!

I am looking for a fix and flip property currently, I have already assembled a team of individual contractors instead one general contractor however I'm now facing the question of how to pay for it all.  Let me back track a little, a couple days ago I went to a real estate seminar that stressed using creative financing, they said it was better to lose somebody else's money as opposed to your own. However, at the end of the seminar they tried to get the students to get into a finance program for their real estate classes, I courteously said no thank you!!! But now I'm skeptical on whether or not to use financing at all in real estate. I am really hoping that one of you will provide some insight on whether or not to use my money or somebody else's and when to do so.

P.S. you guys on bigger pockets are awesome, thank you so much for always being helpful!!!

[Jordan Decuir]

The ability to utilize debt is a key unique aspect of real estate as an investment vehicle. But think of using creative financing as a way to make money for yourself AND other people as opposed to a way to make money for yourself while exposing only your investors and/or lenders to the entirety of the risk. What type of creative financing are you looking to use