Had a similar experience myself, but honestly, it's not just investors who can be tricky. Banks might seem straightforward, but I've seen loan officers promise flexibility upfront and then bury you in fine print. Either way, gotta keep your eyes open...
Banks can definitely be tricky, but honestly, investors aren't always about fine print and hidden clauses. Worked with a small investor once who was pretty upfront—no complicated terms, just clear expectations. Sure, he had opinions (lots of them...), but at least I knew exactly where I stood. Banks might seem safer, but sometimes dealing with a person directly beats navigating layers of bureaucracy. Guess it depends on who you find and how clearly you communicate from the start.
"Banks might seem safer, but sometimes dealing with a person directly beats navigating layers of bureaucracy."
Couldn't agree more. I've had smoother experiences with individual investors too—less red tape, quicker decisions. But yeah, clarity upfront is key... saves headaches down the road.
Had a similar experience myself:
- Went the bank route first, thought it'd be straightforward—ended up buried in paperwork for weeks.
- Switched gears, found a private investor through a friend. Way simpler process, fewer hoops to jump through.
- But yeah, learned quickly that setting clear expectations upfront is crucial. Had one awkward misunderstanding about repayment terms... lesson learned.
Went the investor route myself and honestly, it streamlined things a lot. But one thing that caught me off guard was how involved they wanted to be in day-to-day decisions—did you run into that at all?
