Using Student Loans to Fund Flip

[Account Closed]

So I am a sophomore at the University of Maine for Computer and Electrical Engineering and currently have no Student Loans as I have and will be able to pay the amount of the loan to my parents and thus not need them.  Cause I have been saving all of the money I make and save when others are spending to a certain extent.  So I was hearing people just being able to take money out to use for rent and ect. So could I take out a Government Student Loan, and use that to pay for a flip, and pay it off in full before the interest doesn't get too bad.   Does any one have experience with this and know how to do it.

[Andrew Ware]

A good chunk of the cost of school is housing so you can make a compelling case.