Conventional Loan/ Flipping

[Noah Davis]

Hello Everyone,

I am new to flipping. My question revolves around financing. Say I found a great property to flip. Can I use a traditional mortgage loan to flip real estate? Example below. 

Purchased price: 40k 

Rehab cost: 40k 

Down payment: 20k 

ARV/ Selling price: 115k

Total profit: 35k 

Is it possible to get a bank loan for such an example? What are the pros or cons of this? Any alternative advice? I appreciate everyone who takes the time to respond in answering these questions.

Thanks,

Noah