Personal Loan to do flip

[Rangel Romano]

As a first time buyer in the real estate business and to increase my capital, I am considering to do my first purchase through a personal conventional loan + Renovation, which is cheaper (lower interest & lower down payment) than a commercial loan. The intention after that is to flip the home in less than 6 months. Have anyone did this before? Is there any consequences of doing something like this? I heard the loan could be done personal and then the Deed could be transferred to an LLC. Is this possible? What it will be the benefit of doing something like that? Any recommendations?