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Updated over 11 years ago on . Most recent reply

What type of loan would you recommend for first time house flipper or first flip?
I am new to BP and I am interested in starting off flipping houses. I am still a while seats from feeling secure enough to jump in so here's a question I have. Which loan would you recommend or do you use for a first flip. I would be a first time home buyer assume a 5% down payment availability and that would be all the capital I have for now. Should I go arm 30year 15year interest only 203k construction loan?