If you prefer fix-and-flip projects, you know how crucial it is to have money available to grab great deals and cover renovation costs. Most investors need loans for house flipping to ensure they have enough capital to handle the details of flipping houses.

Fortunately, there are many kinds of loans for flipping houses, and just like shopping for a mortgage for your primary residence, you should know what to consider when looking at house-flipping loans.

Property investors have options to finance fix-and-flip properties, including conventional and even hard money loans.

Here’s a summary of the available loan options for flipping houses, including the pros and cons of each, to help you decide.

Learn more about your ad choices. Visit megaphone.fm/adchoices