I am beginning to think that getting a conventional loan might be more practical for flips I am doing and hoping to get some feedback from individuals who have potentially done the same.

First, the homes I am buying as the realtor/buyer can pass inspection/appraisals so the flexibility of HML is negligible. In fact with the last hard money lender I dealt with, I found their appraisal to be the most tedious to get through.

My current regular lender can usually close in 21 days or faster and I really don't care about closing in 14 days vs even 30 days for example.

My projects usually take under 6months and sold within 90 days after. While it hasn't happened yet, if we needed to, I would turn the house into a rental. But if I did that with a hard money loan, then I'd have to get an additional loan and pay for additional loan fees vs already just being in a 30 year mortgage.

Given that my projects are under a year, the years worth of interest is far less than the traditional 10-11% flat interest I'm paying with a HML.

I don't need the money to fund the renovations. In fact, I don't like that I have to finance that portion with most HML because I have that liquid.

Is there anything else I need to consider?