New to real estate, looking to start my first flip

[Juan Montano]

Hello,

I've been in and out with this website since i've started getting an interest in flipping houses. I have zero real estate experience and I was just seeking some advice. I live in Chicago and I have been very interested in the Little Village (South Lawndale)/ North Lawndale neighborhoods to begin a new flip. I have been reading the book "The Flipping Blueprint" and I found it has some interesting advice. My only concern would be regarding the hard money loans, are they necessary? Would I be able to purchase the home with a bank loan and get a construction loan to start the flip? I appreciate anyone that takes their time to read this and throws some advice my way. Thank you.