Private money lending - where to hold funds

[Tim Rector]

I wasn't sure the appropriate forum to post this under so I may need to move it. So here goes....

I am starting out as a private lender for home flips. It may take 1-2 months to find a suitable home which meets all criteria based on my deal finders feedback. In the meantime my cash is sitting in my savings account earning .02% interest :( My question is for other private lenders, where do you keep your funds while waiting for the next deal? I am guessing where the money is stored needs to be easily liquidated in short order and not at risk of dropping in value. Looking for suggestions.

Thanks!