All loans are not created equally. Depending on the property type, timeframe and specific situation some loans work better than others. If you are into quick flips and rehabs a 30-year fixed loan doesn’t make a whole lot of sense. Regardless of what type of investing you are into you can probably find financing that matches your goals. Every investor should take some time to learn about what their options are and what is available. Finding a hard money or private lender may not appear to have much use now, but you never know what the future holds. Your ability to pick the best type of financing can help you close quickly and maximize the return. Here are the five most common financing options, and when you should use them.
Finding financing for your next deal can be difficult but should never restrict you from moving forward. There are many ways to finance your next deal.