Definitely see your point about creative breakthroughs under investor pressure, but honestly, I've found that predictability from banks lets me sleep better at night... guess it comes down to personal priorities and stress tolerance. Glad it worked out well for you though!
Yeah, I get the appeal of predictability from banks—no surprises, clear terms, and all that. But honestly, banks can be pretty rigid too... had a buddy whose project got delayed by permits, and the bank wasn't exactly understanding about deadlines. Investors can be demanding, sure, but sometimes they're more flexible when things inevitably go sideways. Guess it depends on whether you'd rather deal with strict rules or personalities. Either way, there's no free lunch.
Yeah, that's a solid point about banks being rigid. I've had similar experiences—banks love their timelines and checklists, and if your project hits a snag (like permits, zoning, or even weather delays), they're not exactly known for flexibility. Investors can definitely be more understanding, especially if they know the industry and have been through it themselves. But like you said, personalities can be tricky too... either way, it's always a balancing act. Good luck with whichever route you take!
Yeah, banks definitely have their quirks. When I built my place a few years back, I went the bank route initially—figured it'd be straightforward. But man, the hoops they made me jump through were unreal. At one point, we had a delay because the lumber shipment got held up (supplier issues), and you'd think I'd personally offended the loan officer by asking for an extension. Investors can be easier on that front, but like you mentioned, personalities matter. Had a buddy who partnered with an investor who was super chill at first, but halfway through the build started micromanaging every little detail... drove him nuts. Honestly, there's no perfect solution—just gotta weigh your tolerance for red tape versus dealing with someone's ego or opinions. Either way, brace yourself for some headaches along the way... comes with the territory of building your own place.
Honestly, I'd lean toward bank financing despite the headaches. Investors might seem easier upfront, but like you said, personalities can shift mid-project, and suddenly your dream home feels more like their pet project. Banks are tough, no doubt, but their terms and expectations are at least clear-cut—no surprise micromanaging halfway through. Just make sure you've got a solid contingency plan for delays... suppliers always find ways to complicate timelines, trust me.
