Real estate Investment- banks that loan to flippers

[Lisa Mohamed]

Hello all, some friends and I are getting together so we can start flipping. I flipped a SFH in 2015, in S FL, and made a lot of money. But that home was purchased using an FHA loan and I lived in it. So now, we are looking to go again but this time as real flippers. I've been doing research on banks that loan for investment properties and I can't seem to find the actual bank names, (just type of loans). Does anyone know of what to properly search for or any actual banks that do real estate investment property loans for non-commercial real estate? The other thing, since we are really just starting out, is determining if we should create an actual company (LLC etc..) or if we should keep it in our names. But my friend that I am flipping with has a fair to good credit score (low 700s) but had a bankruptcy on his credit 9 years ago (I believe it has fallen off now). I, on the other hand, have an excellent cs rating. So we r not sure how this will affect anything. We also have 2 individuals that are private investors giving us money as well. Not enough money to buy property cash option, but enough money to get us through the reno. Should we get an CPA or just DIY?