How to Fund Your Real Estate Deals Using Private Money
Many real estate investors have turned to private money sources to fund their deals. There are different types of private money sources, and each has its own pros and cons.
Private money is generally easier for both parties involved when compared with other financing methods. For example, a bank requires the borrower to put up much more collateral (e.g., property) than someone who is lending their own capital or using a friend or family member’s funds.