Typically it is more difficult for new investors to get started fixing & flipping properties due to lack of experience higher risk for lenders the requirement for minimum down payment tend to be higher. Lenders typically will want to known how many flips borrower has done in the last 24 months to asses terms. However in 19 states with a 640+ FICO loan amounts from 75-600K there are programs available with 15% down payment with no reserve requirements.