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In this video i break down the difference between using other people's money when using debt financing vs equity financing for funding your rental property purchases and flipping houses. I also give my take on which i think is better of your a new or seasoned investor.
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P.S. - If you have any questions, leave them in the comments below.
Time Stamps
0:00 Intro
00:29 What is Debt Financing
00:50 Debt financing (hard money lender)
1:03 Private lenders vs hard money lender fee's
1:39 What are processing/point fee's (borrowing costs)
2:22 How we use debt financing
4:33 Benefits of using debt financing
5:53 What is Equity Financing
7:32 Benefits of using equity financing
9:28 Closing and Recap