Best kind of loan for renovating home and subdividing land?

[Austin Blanchard]

Hey BiggerPockets fam,

I just got my first piece of property locked up under contract. The property has almost 9 acres and a house built in 1934 with right under 2000 square foot. The property is in a prime spot to build duplexes or single family homes. All 9 acres has utility on the road, road access, and county sewer. My question is, which type of loan would be the best to buy this property with? The goal would be to flip the house (estimated $50,000) and then subdivide the land into sellable lots for builders. From what I’ve heard, it seems like a construction loan would be my best option, but any other advice is appreciated!