Why Private Loans Are Better than Bank Loans for Fix and Flip Deals

A white house with two windows and a blue sky

Traditional lenders are typically cagey when it comes to lending for fix and flip properties. This is because the properties in question often require extensive remodeling and there’s no set time on when the project will be completed. The entire business model is a bit too speculative for their conservative tastes. Luckily, hard money lenders…

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