Advice Needed: HML vs. Business Loan or Credit for Fix & Flip Projects

[Shayan Sameer]

Hi everyone,

I have a question for all the fix-and-flip investors here. I've done a couple of fix-and-flip projects in the past using a hard money lender (HML), which has its pros and cons.

I'm currently looking at a couple more properties and trying to decide if I should go with an HML again or explore other financing options. I do have an LLC with good credit, so I'm wondering:

• Would it be worth pursuing a business loan to save on HML interest rates and fees?
• Or, would using a 0% business credit card for the rehab costs be a better option?

I’d love to hear your thoughts, experiences, or recommendations.