Buy, rehab, and sell with traditional financing... any hurdles

[Adam Dorn]

Say I was able to buy a property with traditional financing. I rehabbed the house, and then sold it for a profit all under my name or my LLC name.

I am having a hard time determining if there woudl be any negative consequences to turning it over using a traditional financing route?

thanks all

[Corey Dutton]

Yes Jon Holdman is correct. Banks frown on loans being paid back in less than 12 months and will be less likely to lend to you again. Now if you finance several of these using hard money loans, you build your resume and then take to your bank requesting a line of credit to purchase and flip more. This is the best way to go in my opinion.