Venture Capital

[Kevin Greer]

First of all, I am really excited because constantly reading biggerpockets has given me the confidence to try my first project. I am going in with a friend of mine, to flip a house. He is very experienced with construction, and I have been doing never ending research on the logistics. We have hit a little snag though in getting a loan. We don't really have the money of our own to invest, so in order to get a commercial loan we would need to ask family and friends for private loans to cover the downpayment. I would prefer to avoid that. So my question is: Is venture capital worth looking into, or is there some weird catch that I don't know about? I realize they would require a stake in the business.

Thanks for your help.