Hi, I am expecting $50,000 in renovation costs for a home I just purchased and want to understand my options in the crypto space for acquiring a loan.
The loan will be used for making the home operational for AirBnB. This means getting it up to code and adding in the amenities required to be an exceptional host.
What I like about the online lenders is that I can get the cash ASAP to start my work. My intuition is that the bank is going to take a long time. But maybe the bank's structure will save me headaches down the line?
Overall, I am new to this and want to understand my options in this space.