Age to Begin

[Phillip Joo]

Hi again,

I currently live in Corona,CA. I am still living under my parent's care, mainly because I'm still a minor. Recently, my neighbor put his house up for sale and I'm wondering if I could take a loan from Bank of America. I had a little vision of where I took a loan from B-of-A and bought it for a discount. (Assuming that they were motivated sellers [Their son ownes several  wiener schnitzels around Inland Empire]). anyways, I purchased the property and it was in normal condition. I still renovated the backyard, carpet, and painted the walls. I bought it for $375,000 with a $380,000 loan and took another loan from a private lender of $10,000 to pay for the renovations. I then sold it for $430,000. Again, this was just a dream so of course there are many flaws in this dream. 

My question is; How old do I have to be in order to take a loan from a Bank? Would it be possible to take a big loan, and fix and flip the house?