Where did you get your financing from?

[Chris Johnson]

Hi all...This forum has been a great help for me. Though i actively don't post or participate, Im reading lot of your posts which is helping me to prepare for my first venture :)
Ok here is the question. Do you get your finance from Institutional lenders or private lenders. I see pros and cons with both types.
I dont think institutional lenders give loans for distressed properties. It takes long time to process.
On the other hand hard money lenders charge high interest rates. they ask for high down payment too i guess. but they are processed fast. btw do private lenders give loan for rehabbing?