Options for funding a fix and flip in WA...

[Melissa Lee]

What are my options for a fix and flip other than private and hard money? This is my first venture into a fix and flip.  I'd be happy to take private/ hard money, but since its my first flip I'm aware of the hurdle I would need to cross to convince someone to lend me the money. I have technically have the cash to purchase a house plus a reno budget, but I'd like to use the lease amount of my own money as I can...

Can I seek a conventional loan? I cant say its a second home since I live in the same state... I could try for an investment, but wouldn't I have to set up a LLC? What parameters would I need to meet?