Funding for my first flip

[Michelle Norgren]

I am new to REI and looking to buy my first flip house. I am only 22 and only have 6 months of credit history so no score yet. I don't qualify for traditional lending I without a co-sign and I don't have a ton of liquid assets to fund my first flip.

I was looking for suggestions on other ways to get funding for the house. I have considered asking my bank for a line of credit secured by my assets. I would be able to get a more favorable interest rate that way with no money down and I can use it to pay for renovations. What would be the pros and cons of using this type of funding? I would love to hear other creative ways to fund a deal.