using your money and not private loans

[Adam Drummond]

Just curious if there is anyone else out there that uses there own money to finance deals or a bank?  the last few investors that i have talked to use private loans to finance their deals.  it is definitely taking me longer to build up momentum with a limited amount of cash (getting there though).  seems like most of the people that flip houses full time use private loans.  my flips take longer to turn over and i do a lot of the work  myself... i would hate to have a high interest rate loan tied up, and not be able to sell in time.  thoughts??  thanks.

[Dawn Anastasi]

I mostly use my own cash to buy properties. This is mainly because I buy under the amount a bank would finance. And private lenders also generally do not want to finance buy and hold, but in your situation they would be more likely willing to finance a flip.