💡 Creative Financing
Private Money
Short-term financing from private individuals or groups, typically secured by real estate, used when conventional lending is unavailable.
Common Uses
- Time-sensitive real estate purchases
- Fix-and-flip projects
- Bridge needs before permanent financing
General Characteristics
- Short terms, often 6 to 24 months
- Secured by real estate
- Faster decisions than banks
Potential Provider Types
- Private investors
- Private lending groups
- Mortgage brokers
Important Considerations
- Higher rates and fees
- Exit strategy is essential
- Asset and equity requirements
This information is general and educational only. Eligibility, rates, fees, and terms vary by provider and are determined solely by the provider. Trio does not assess whether you personally qualify for any financing.
Trio Marketplace is not a financial institution, lender, mortgage brokerage or financial advisor. Trio does not provide, approve, arrange or guarantee financing. Financing products and services are provided by independent third-party providers. Eligibility, rates, fees, terms and approval decisions are determined by the applicable provider.