First Flip

[John Jarvis]

Hi, I've got some landlord experience but no flipping experience. I've found a deal I like on a condo but there is a rental cap. The numbers work for a cosmetic rehab and flip. In the past when I've researched flips, I recall reading that banks will not loan on a property that has had a title change in the past X months. This would limit my resale audience. Is this still the case ?

Any advice appreciated for a novice flipper :)