bank loans or private investors?

[Matt Miller]

I am starting out in flipping homes. My wife and I are a real estate team currently and we are excited to make this next move. What are our options for obtaining financing for flips if we are operating under an LLC? Are private investors a good/bad idea and what type of percentage return would be considered standard or acceptable to a private investor? Considering a 6 month flip period as an example, would a 10% return to the investor be taking too much from my profit or right in line with what it would cost for us to use a loan from a lending institute?